Jim Cramer explained to investors why they should stick with a long-term strategy when it comes to Apple. » Read More
SINGAPORE, Oct 26- Gold was little changed on Friday, heading for its third week of decline after shares inched lower in Asia, the U.S. dollar firmed, and fears about the health of the global economy lingered. *Gold was steady at $1,712.18 an ounce by 0034 GMT.
*Shares down 1.3 pct in early Seoul trade. SEOUL, Oct 26- South Korean technology powerhouse Samsung Electronics Co posted a fourth straight record quarterly profit- of $7.4 billion- with strong sales of its Galaxy range of phones masking sharply lower memory chip sales.
*Shares up 24 pct YTD; Seoul mkt up 5 pct; Apple up 52 pct. Samsung, reporting its results just hours after main rival Apple Inc, did not detail its third-quarter smartphone shipments, though these are estimated to have soared to 58 million. Apple said it shipped 26.9 million iPhones in July-September It launched its latest iPhone 5 on Sept. 21.
Samsung, reporting its results just hours after main rival Apple Inc, did not detail its third-quarter smartphone shipments, though these are estimated to have soared to 58 million. Apple said it shipped 26.9 million iPhones in July-September It launched its latest iPhone 5 on Sept. 21.
TOKYO, Oct 26- Japan's Nikkei share average is expected to rise on Friday, supported by expectations of significant easing by the Bank of Japan, while investors appear to have priced in cuts to profit forecasts in the current earnings season.
NEW YORK/ SEATTLE, Oct 25- Microsoft Corp put its Surface tablet center stage at its Windows 8 launch event, hoping the sleek new device will spark a fightback against Apple Inc and Google Inc in the exploding mobile computing market.
SAN FRANCISCO, Oct 25- Apple Inc delivered another quarter of lackluster results and iPad sales fell well short of Wall Street targets, pushing its stock down more than 1 percent. Apple sold fewer iPads than anticipated as the economy remained weak and consumers waited for the new iPad mini, which will hit store shelves next month.
*Apple falls short of earnings expectations. Apple's earnings per share came in at $8.67, compared with Wall Street's estimate for $8.75 a share.
*Apple meets forecasts; Amazon has big loss. NEW YORK, Oct 25- Shares on major world markets rose slightly on Thursday on better-than-expected corporate earnings and economic data while the dollar rallied to a four-year high against the yen on expectations Bank of Japan will ease monetary policy next week.
Roger Kay, Founder and President of independent technology market intelligence firm Endpoint Technologies Associates says that the "law of large numbers" is finally getting to Apple. He explains why.
SAN FRANCISCO, Oct 25- Apple Inc delivered lackluster quarterly results and iPad sales fell short of Wall Street targets, pushing its stock slightly lower.
SAN FRANCISCO, Oct 25- Apple Inc reported quarterly revenue that met Wall Street expectations even as iPad sales disappointed. Apple said its fiscal fourth quarter revenue rose to $35.96 billion, roughly in line with the average analyst estimate of 35.8 billion, according to Thomson Reuters I/B/E/S.
*Apple falls short of earnings expectations. After the close of trading, Apple Inc, the most valuable public company in the United States, posted quarterly earnings that fell short of expectations. Apple's earnings per share came in at $8.67, compared with Wall Street's estimate for $8.75 a share.
Oct 25- Shares of online streaming music service Pandora Media closed down 12 percent on a report that Apple Inc was in serious talks with major music labels to start an advertising-supported internet radio service by early next year.
Craig Berger, MD & Senior Semiconductor Analyst, FBR Capital Markets discusses Apple's and Samsung's latest earnings, adding that chip makers are having a tough time as global demand remains weak.
*Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.2 pct. There were a few bright spots, such as Procter& Gamble, which rose 2.9 percent to $70.07 after reporting stronger-than-expected results. The broad S&P 500 has declined 3.6 percent over the previous five sessions.
NEW YORK, Oct 25- Microsoft Corp launched its new Windows 8 operating system and Surface tablet on Thursday in a bid to revive interest in its flagship product and regain ground lost to Apple Inc and Google Inc in mobile computing.
Earnings disappointments from Amazon and Apple could make for a sour start for stocks Friday. One analyst expects Amazon shares could take the brunt of it.
Evan Niu, Technology Analyst, Motley Fool and Arthur Hogan, Managing Director & Head of Product Strategy at Lazard Capital Markets say Apple may have missed estimates for the June-Sep period, but the current quarter will be a 'monster' quarter.
Pandora stock fell off a cliff Thursday on reports that Apple is on track to launch a free streaming service in the first quarter of 2013.