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This Financial Scenario Says There Are No Experts
louisgray.com —
... Today, after using the same methods I've used in the last seven years following the dotcom crash, I saw my personal portfolio take a hit of almost eight percent in one trading session. I've always typically invested in stocks where I feel I know the companies well, which typically sees me overweighted in the technology sector - Apple included. Of course, Apple took more than its fair share of the dive today, losing almost 20 percent of its value - which didn't help matters. ...
Tech Stocks Pick Up, Fall Down
Wired: Epicenter —
Apple, Netflix, TiVo -- beloved consumer brands and doggish stocks in recent weeks -- enjoyed a nice rally in early trading on Wednesday.
It didn't last.
Apple shares shot up more than $7, or 8 percent to $96.33, before losing steam midday. The stock ended up a measly 63 cents ahead of Tuesday's close. TiVo, likewise, got a 6.5 percent bounce, but ended up closing roughly 5 cents, or 1 percent, ahead of yesterday's close.
"It's a market that's driven by emotion and fear at this point," says Toan Tran, an associate director of research at Morningstar in Chicago. ...
Apple (AAPL) Shares Bounce Back on Market/iPhone Confidence
MacBlogz - One Stop Apple News —
... in after hours trading, bringing the stock up to $104.25, up 13.95% from $91.49. Currently, Apple shares are hovering above $105, up 5.20% from their previous close at $99.91. ...
iPhone vs. BlackBerry: Apple Has Fallen But RIM Can't Get Up
MacBytes.com —
Apple shares have fallen on hard times lately and the company remains vulnerable to a consumer slowdown. But, relatively speaking, Steve Jobs & Co. are holding up much better than its rivals, notably ...
iPhone vs. BlackBerry: Apple Has Fallen But RIM Can't Get Up
MacBytes.com —
Apple shares have fallen on hard times lately and the company remains vulnerable to a consumer slowdown. But, relatively speaking, Steve Jobs & Co. are holding up much better than its rivals, notably ...
Trust Digital secures $14.5 million
VC Ratings —
... Ventures, MMV Financial and Square 1 Bank. Summerhill, Fairhaven, Core and Avansis all invested in the company previously. Trust Digital's security software is used by businesses and government agencies to secure PDAs and smartphones in the same way that IT
departments protect laptops and desktops. The McLean, Va.-based company said it will use the funding to extend its security platform to include Research in Motion Ltd.'s [RIMM] BlackBerry devices, Apple Inc.'s [AAPL] iPhone and Google Inc.'s [GOOG] Android and to expand direct sales and channel partner ...
Mobile Web conferencing startup PhoneTopp makes debut, seeks first round
VC Ratings —
Now that Apple Inc.'s [AAPL] iPhone is the best-selling mobile device on the market, smartphone application developers are getting ready for prime time. One such company, mobile Web conferencing PhoneTopp, is preparing to make its debut at the Under the Radar conference, in advance of an anticipated Series A round of funding. Founding CEO Tom Barsi, late of network security provider ConSentry Networks, walked me through a demonstration of PhoneTopp's service. Built atop leading videoconferencing services such as Cisco Systems Inc.'s ...
Turn That Frown Upside Down; Market Closes Up 553 Points
Wired: Epicenter —
The stock market behaved a lot like a bipolar teenager on Thursday. Shortly after the Dow Jones Industrial Average plunged to 7,965.42, the market picked up and rallied to close at 8,835.25 -- which means there was a 911 point trading range today. (Conspiracy theorists could have a heyday with that one.)
Among the most volatile tech stocks: Apple shares fell as low as $86.44, but closed at $96.44; and IBM dipped down to $75.40, but rallied to $84.21 at close. And Microsoft and Intel were easily among the most actively traded stocks. On ...
Ifbyphone rings up $4.6M second round
VC Ratings —
Chicago-based telephony applications developer Ifbyphone has drawn a new $4.6 million second round of funding from area investors, expanding its syndicate to five firms. (See pdf version of the news release here.) Although three new investors backed Ifbyphone in its new round, none was a co-leader. Prior backers Apex Venture Partners and Origin Ventures served that role, 15 months after supplying $2.75 million in Series A money to the startup. The new investors in the Series B were Spring Mill Venture Partners, the Illinois Innovation Accelerator Fund and Blue Crest Capital Finance LP, all based in the greater ...
Apple (AAPL) Shares Get Slammed As Market Plunges
MacBlogz - One Stop Apple News —
... Shares of Apple Inc (AAPL) closed at their lowest price since December 2006. While some may see this as a buying opportunity, the company has shed well over 50% off of their market cap since hitting all time highs above $200 per share. ...
Steve Jobs taking leave of absence
CrunchGear —
... vice president of Corporate Materials for Compaq and was responsible for procuring and managing all of Compaq’s product inventory. Previous to his work at Compaq, Cook was the chief operating officer of the Reseller Division at Intelligent Electronics.
Cook also spent 12 years with IBM, most recently as director of North American Fulfillment where he led manufacturing and distribution functions for IBM’s Personal Computer Company in North and Latin America.
Apple stock is currently down 2.38 and, as I’ve said before, him taking a leave ...
Apple Shares Bounce Back on Record Breaking Quarter
MacBlogz - One Stop Apple News —
... On the news that Apple delivered today, shares are confidently strong in after hours trading. Hopefully the confidence felt throughout Wall Street will be enough to hold Apple shares after rather disappointing iPhone sales have been shared. ...
Analyzing Apple's Stock: Technicals vs. Fundamentals
MacBytes.com —
Bucking the broad market's swoon, Apple shares were rallying strongly Thursday following its solid December quarter results and guidance late Wednesday. The advance has re-energized the Apple bulls, who believe the stock is poised to rally further thanks to the company's strong brand position relative to its competition, hefty cash hoard, relatively low valuations and at least ...
AT&T Q4 Revs, EPS Come In Slightly Light
BARRONS.com: Tech Trader Daily —
AT&T (T) this morning posted Q4 revenue of $31.1 billion and adjusted EPS of 64 cents a share, slightly below the Street consensus of $31.35 billion and 65 cents. Revenue was up 2.4% from a year ago.
The company added 2.1 million net subscriber adds in wireless in the quarter, increasing to 77 million. A year ago, the company added 2.7 million subs. That’s up 7 million from a year earlier. AT&T said it activated 1.9 million new Apple (AAPL) iPhone 3G subscribers in the quarter, and noted that users of the iPhone continue to produce ...
Gaming delivers developers to the iPhone
MacBytes.com —
[image] Why might you ask? Well, although productivity gains are driving sales and development of enterprise applications, the iPhone is increasingly the platform of choice for users wishing to waste time on the time. Quoting data and analysis from Evans Data, Computerworld ...
Gaming delivers developers to the iPhone
MacBytes.com —
[image] Why might you ask? Well, although productivity gains are driving sales and development of enterprise applications, the iPhone is increasingly the platform of choice for users wishing to waste time on the time. Quoting data and analysis from Evans Data, Computerworld ...
What recession? Apple sees best March ever, best non-holiday quarter
VentureBeat —
... . At least according to its second quarter earnings report, covering the period ending March 28, which beat analysts’ expectations — and then some. ...
General Mills Cooking With First iPhone App
MacBytes.com —
Even Betty Crocker is using the iPhone. As marketers seek to strike a chord with time-pressed consumers, they've begun to turn to mobile devices. Packaged goods giant General Mills (NYSE: GIS ...
General Mills Cooking With First iPhone App
MacBytes.com —
Even Betty Crocker is using the iPhone. As marketers seek to strike a chord with time-pressed consumers, they've begun to turn to mobile devices. Packaged goods giant General Mills (NYSE: GIS ...
Apple CEO Steve Jobs On Track to Return Within A Few Weeks
MacBlogz - One Stop Apple News —
... , simply looking for shameful attention. Aside from contributing to an already extremely volatile stock (AAPL), Apple was thrust into the spotlight with what seemed like a terrible situation. However, at Apple’s annual shareholder meeting in February, the company stood firm on Jobs’ return. Being only a couple of months into the six month leave of absence, Apple was only getting started showing the industry that they could deliver great products without Jobs being so heavily involved. After dipping to 52 week lows reminiscent of times before the iPhone, the stock is ...
Google Equals Apple In Value. And Vice Versa!
TechCrunch —
... as a sign that one is overtaking the other, regardless of whether they’re actually full-fledged competitors or not.
Google and Apple, for example, have been making headlines when stock transactions move their respective market cap to top the other company’s (see this Bloomberg article from August 2008 or this one from GigaOM from two weeks ago).
So here’s a fun fact to start off the week with: the market cap for both Google and Apple are currently tied at about $170 billion after Friday’s market close. ...
Brokerages Race To Find Speed And Depth With Smart Phones
MacBytes.com —
Looking to get alerts on your mobile phone when a stock hits a buy or sell point? And then quickly execute a trade with a few taps on your handset based on that data? "There's an app for that," says Apple's marketing campaign for the iPhone. Indeed, software applications, or apps, are popping up on all sorts of smart phones, including Research In Motion's (NasdaqGS: RIMM ...
