Apple Inc., maker of iPhone and Mac computers has reached USD800 billion market value threshold after a rise in stock price early in the week, which makes it the first company to attain the mark. Barely two years after the company crossed USD700 billion, the world’s most valuable company, Apple […]
BlackBerry Ltd is facing a rather sad position as it posted another loss and a 47.3 percent fall in third-quarter revenue. BlackBerry announced earlier today said it failed to make up for shrinking handset sales and lost service fees. The Waterloo, Ontario-based company said it had a net loss of […]
According to reports from Guardian UK, Apple has been ordered by the EU to pay up to EUR13 billion in back taxes to Ireland after the European commission ruled that deals between Apple and the Irish tax authorities amounted to illegal state aid. The commission said Ireland’s tax arrangements with […]
About a year ago, one of the greatest minds in advertising, Al Ries in one of his article published on AdAge’s website berated Google’s marketing and the company’s uncanny disdain for advertising. His article was an irony that an advertising company or to better put it that a company that became […]
For the first time, Samsung is looking at coming out with a product that is not a follow up to Apple and other competitors. The company is looking at coming out with something revolutionary- bendable phones. People with the knowledge of the matter, these phones might be released in May […]
Warren Buffet the world’s most respected investor and CEO of Berkshire Hathaway has just made one of the biggest best in his career of investment sagacity. Today, Buffet was reported to have taken bullish position on Apple by buying Apple’s stock up to USD 1 billion. According to Wall Street […]
For investors and shareholders with huge exposure to S&P 500 and major tech stock indexes have been disheartened by Apple and Alphabets (Google) Q1 result, Facebook has given them something to be happy about. Announcing the result, an upbeat Mark Zukerberg, Facebook’s CEO said “We had a great start to the […]
Just as expected, Apple [NASDAQ:AAPL] has just released the worst result since the company launched the iPhone in 2007. Apple’s its headline net income fell to $50.6 billion and its quarterly net income fell to $10.5 billion, For a company that declared $58 billion and net a income of $13.6 billion same […]
Exactly 2:00 p.m. PT / 5:00 p.m. ET which is 10 p.m. Nigerian time, Apple [NASDAQ:AAPL] will be making its first quarterly earnings call for the year. Apple said it shifted the announcement to today “out of respect for the friends and family of Bill Campbell, whose memorial service will be held Monday. Apple executives and employees […]
Apple might lose its position as the most valuable company today. The company is expected to release its Q1 2016 earnings and analysts are seeing a dip in revenue for Apple. Apple has been faced with series of challenges and those bottlenecks might have hurt its balance sheet. First is […]