When the market tumbled on Wednesday, 14th January, 2015, analysts were out searching for a reason to explain the sharp downslide. Eventually it was attributed to disappointing earnings by companies like JP Morgan, Apple Inc (NASDAQ:AAPL) being in trouble and economic growth becoming sluggish the world over. CNBC covered the same in their studio with…
Amazon.com, Inc. (AMZN) Aims to Entice Customer Spending with Instant Refund
Amazon.com, Inc. (NASDAQ:AMZN) is not only highly popular with the wide array of its product offerings and quick delivery service, it is also now getting known for its customer-friendly return policies as well. E-commerce data company StellaServiceInc., whose research is cited by Bloomberg, has recently found out it takes only an average of 1.3 days for…
Apple Inc. (AAPL) Starts 2015 With Record Performance
Apple Inc. (NASDAQ:AAPL) seem to be starting the new year with a stellar performance. In a report released Thursday, the tech giant revealed that its App Store generated a 50 percent surge in apps and in-app purchases for the year 2014, putting revenue for developers to be worth about $10 billion. The App Store offers…
Apple Inc (AAPL) Posts 50% Growth in 2014 Apps Sales
Apple Inc. (NASDAQ:AAPL) reported on Thursday that its App Store has realized a sales of almost half a billion dollars for the first week of 2015 in app sales as well as in-app purchases from customers all over the world, noting further that the New Years day set a record hit for the biggest sales…
T-Mobile US Inc (TMUS) Exceed Targets for 2014 Subscriber Growth
T-Mobile US Inc (NYSE:TMUS) is the smallest of the US’ main mobile phone carriers, but it certainly is not the smallest in terms of subscriber growth. The network has reported it has acquired post paid subscriptions from 1.3 million new customers as of the fourth quarter, with 1 million of the new subscribers being on…
Micron Technology, Inc. (MU) Reports Higher First-Quarter Profits
Micron Technology, Inc. (NASDAQ:MU) announced a stronger fiscal first-quarter performance with profits worth $1 billion, at 84 cents per share, as against the $354 million or 30 cents per share profits recorded for the same quarter of the previous year. Excluding losses and other items, earnings is at 97 cents per share, up from 77…
Google Inc (GOOGL)’s Expanded “Google Express” Holiday Deliveries Threatens Amazon.com, Inc. (AMZN)
Google Inc (NASDAQ:GOOGL) has expanded the coverage of Google Express, the same-day holiday delivery service that the search giant has started initially last year, by including additional U.S. cities as well as adding more merchants selling their goods through the service. The company reports that Google Express has served consumers with 50 percent more in…
DISH Network Corp (DISH), Comcast Corporation (CMCSA)’s SportsNet Ends Dispute With New Carriage Deal
DISH Network Corp (NASDAQ:DISH)’s subscribers in the Bay Area, California, Chicago and Mid-Atlantic regions will continue to enjoy Comcast Corporation (NASDAQ:CMCSA)’s SportsNet feed asd the two companies have finally settled to ink a new multi year carriage deal after weeks of negotiations. The original carriage agreement have expired on December 2 this year. DISH Network…
Which Way Will Apple Inc (AAPL) Shares Go?
For shares of any company, there are only two path options namely bullish and bearish that could be taken and Apple Inc (NASDAQ:AAPL) is no exception to the rule. Given the bearish trend that the company’s shares have been following since October, 2014, investors are truly concerned as to the direction which the stock will…
RadioShack Corporation (RSH) Plunge in Deeper Financial Woes Pending Lenders’ Approval of Restructuring Plan
RadioShack Corporation (NYSE:RSH) is finding itself deeper in trouble as it has yet to gain the approval of its lenders on the planned closures of 1,100 stores in an effort to cut costs and possibly beef-up liquidity. The ailing electronics retailer has abandoned the original number of stores it has set its sight to close…