May 21- Best Buy Co Inc, the largest U.S. consumer electronics chain, reported better-than-expected quarterly profit and sales, helped by strong demand for smartphones and large-screen TVs. Best Buy said its revenue growth in the United States was driven by sales of mobile phones bundled with billing plans by telecom carriers. Best Buy's revenue from the United...» Read More
This is the live blog of the Apple "Let's Rock" event. The first post is at the bottom of the page, with the last enry at top.
As you might imagine, the reactions to the my earlier post today about Apple fatigue plaguing investors seems to have struck a nerve. Here are some more of your responses:
I just knew that when I wrote that last post about some on the Street growing tired of Apple, that it would lead to a few responses from some of you. Well, I was right.
Yet this time around, it seems to me that Apple is laboring to manufacture the magic. Investor expectations have been ratcheting up at fever pitch for four straight years. It's simply getting more difficult to wow them every time.
A few weeks ago, I detailed in a blog Microsoft's decision to use comedian Jerry Seinfeld as its new pitchman. I wrote then of the unusual choice of a professional complainer who hasn't done anything meaningful since his show Seinfeld went off the air a decade ago.
Palm and Research In Motion may have been heading in different directions recently, but they're both trying to keep pace with a new breed of competitors in the rapidly evolving smartphone market. If their new devices and products in development are any measure, both companies seem determined to protect their turf.
Attention will turn from Jobs himself to those new products and what Apple will do for iPod. This is still clearly the little music player that could, and can. Investors have been waiting for iPod sales to slow precipitously, and while they are slowing, it's not nearly as bad as investors feared.
Never mind that chrome is typically the stuff that gets dented on older car bumpers, Google thinks Chrome will be the answer to Microsoft's browser dominance on the net.
The news business can be an ugly business sometimes. Just ask Apple and its CEO Steve Jobs—the subject of an erroneous obituary report Thursday. We in the news business sensationalize, we rationalize, we sanitize, we get things wrong, and sometimes we stick with stories far too long. But the ugly little truth is that the news business can actually (mis-)manage the news itself...
Intel CFO Stacy Smith joined the "Squawk Box" crew live on set Monday morning for the first time, and it was a good visit. In many ways.
Here's an intriguing tidbit, courtesy of The Wall Street Journal: Google and Verizon are on the verge of a deal, whereby Google would be the default search engine for the carrier, and the two would split ad revenue. While the deal isn't done yet, it offers up interesting scenarios -- and would represent another loss for Microsoft.
Apple's "Mac vs. PC" ads are advertising legend now, and in 30 seconds can do more to spotlight the differences between Apple and Microsoft than just about anything else. So effective, they even annoyed Bill Gates. Microsoft's counter-attack? Jerry Seinfeld (!)
There has been so much written about Apple and the iPhone recently: the 3G issues, the MobileMe mess, the so-called Apps Kill Switch controversy, the iPod and its battery/BBQ issues, the company's $20 billion in cash, and a stock that continues to try to claw its way back from the doldrums. What investors ought to be focusing on, instead, is the back-to-school shopping season.
The Palm Treo Pro is one of the most anticipated product releases in the company's history. Riding the wave of the Centro smartphone, Palm was in a position to capitalize nicely on its marketplace momentum with Treo Pro's release Wednesday. But there's a hitch...
Investors could take advantage of the prolonged battering of the financial sector by considering three European banks, Victoria Hoskins, regional investment director at Gerrard Barclays Wealth, told "Power Lunch Europe" Wednesday.
How going back to basics can save you more money than you think.
This is an important week for Intel, a company at a kind of competitive and technological crossroads. The company is hosting its annual developers' forum in San Francisco, with chairman and former CEO Craig Barrett delivering today's keynote.
Over the past few weeks, several Wall Street kernels have popped when it comes to Apple. And this morning, Pacific Crest Securities' Andy Hargreaves focuses on Apple's iPhone and its momentum in the marketplace.
First there was the craziness with Yahoo and Microsoft. Will they? Won't they? Should we even care anymore? Now, to quote Yogi Berra, it's like deja vu all over again, with investors in Electronic Arts and Take-Two Interactive wondering whether this marriage will ever come off, or whether the wheels come off the deal instead.
This is another Apple Inc. story working its way through the blogosphere at break-neck speed, spreading like a fungus in a damp swamp of conjecture, fear and a noticeable lack of details.
Get the best of CNBC in your inbox