Apple is worth $415 billion, putting it neck and neck with Exxon Mobil as the world's most valuable company. But by standard Wall Street measures, its stock is a bargain.
Continue reading...Monday, December 19, 2011
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We've known Apple has had TV ambitions bigger than its relatively useless TV box for awhile, but according to the The Wall Street Journal's Jessica Vascellaro and Sam Schechner, Apple is really, really thinking about it now.
Continue reading...Friday, December 9, 2011
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Hundreds of Apple fanboys and fangirls snaked through the corridors of Grand Central Terminal on Friday morning, and while some eagerly awaited the ribbon-cutting of the world's largest Apple, at least a few dozen just wanted a new T-shirt. In The Wall Street Journal's words, "It is a ritual that is part of a cult around Apple's T-shirts." In our eyes, it's just more evidence that the Apple's ...
Continue reading...Wednesday, October 19, 2011
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Apple reported Q4FY11 EPS of $7.07, below Wall Street consensus of $7.27. In all business segments, Apple achieved growth rates in excess of the overall industry; and in all business segments, except the iPhone, Apple set company sales records. Apple also reported strong gross margin at 40.3% above Wall Street consensus. Apple continues to build a cash war chest, now up to $81.6B, or $104 per ...
Continue reading...Thursday, April 21, 2011
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Apple Inc's results smashed Wall Street's expectations after iPhone and Mac sales scaled new heights while iPad supplies could not keep up with roaring global demand.
Continue reading...Monday, February 14, 2011
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The company is considering a plan to add music and video storage to its MobileMe service, according to The Wall Street Journal. It's also working on a cheaper, smaller iPhone.
Continue reading...Saturday, October 2, 2010
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Upon his release from prison in the new "Wall Street: Money Never Sleeps," corporate raider Gordon Gekko reclaims his belongings: A gold watch and a mobile phone the size of a 2-liter bottle of soda.
Continue reading...Wednesday, September 15, 2010
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Advanced Technology Investment Co., a privately held company based in Abu Dhabi, is to spend as much as $7 billion on opening a semi-conductor manufacturing plant in the United Arab Emirates capital, the Wall Street Journal reported, citing an interview with Chief Executive Officer Ibrahim Ajami.
Continue reading...Monday, August 16, 2010
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An Apple employee has been charged with selling secrets to Asian suppliers of the tech giant in exchange for at least one million dollars in kickbacks, The Wall Street Journal reported Sunday.
Continue reading...Tuesday, July 20, 2010
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Technology stocks led Wall Street higher on Monday after Friday's plunge as investors continued to eye corporate earnings. Technology sector was closely watched as technology companies IBM and Texas Instruments Inc. will release their second-quarter reports after the market closes.
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Wednesday, January 25, 2012
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