Here's a look at several key one billion milestones, from Apple to Warren Buffett to global population. » Read More
Richard Greenfield, BTIG analyst, weighs in on whether Pandora will be able to compete with an Apple radio streaming service.
NEW YORK, Oct 26- U.S. stock index futures fell on Friday after technology giants Apple and Amazon.com reported lackluster earnings and outlooks, and ahead of economic growth data.
Oct 26- At least three brokerages cut their price targets on Apple Inc by up to $50 a share after the iPhone maker surprised analysts by forecasting lower gross margins for the current quarter. For the December quarter, Apple forecast revenue of $52 billion, below estimates of $55 billion, according to Thomson Reuters I/B/E/S.
CNBC's Jon Fortt reports the newest Apple gadget is sold out online, and discussing if investors should be bobbing for Apple stock, with Scott Kessler, S&P Capital IQ, and Eric Jackson, Ironfire Capital founder.
Well, it didn't take long for orders of Apple's iPad mini to back up.
The area that could be affected by Hurricane Sandy represents about 8 percent of refining capacity for the U.S., which translates to 1.1 million barrels a day.
Apple is reportedly in talks to license music for a custom-radio service, with CNBC's Julia Boorstin.
Abhey Lamba, Mizuho Securities USA, and David Rolfe, Wedgewood, offer analysis of Apple's earnings.
Debates, rhetoric, promises, etc. etc. It's the season for politics and words are flying around with little accountability. Each party accuses the other of misstatements and statistics are being interpreted by both parties for their best interests, it’s a difficult deciphering process for voters.
TOKYO, Oct 26- Japan's Nikkei share average was knocked off a four-week high on Friday on concern that Chinese funds face heavy redemptions after a poor quarterly performance, and as disappointing earnings from Fanuc Ltd dragged.
Brian White, Topeka Capital Markets analyst, takes a look at Apple's next quarter, and weighs in on what the company needs to do to keep Wall Street happy.
*MSCI Asia ex- Japan tumbles, Nikkei eases in choppy trade. Financial spreadbetters expect London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX to open down as much as 1.2 percent. The MSCI index of Asia-Pacific shares outside Japan tumbled 1.2 percent, and was set for a weekly drop of about 1.5 percent, which would be its largest weekly decline in two months.
*Apple to launch iPhone 5 in China in December. SAN FRANCISCO, Oct 25- Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing past investors' expectations.
The stronger pace of expansion, however, is still expected to fall short of what is needed to make much of a dent in unemployment, and will offer little cheer for the White House ahead of the closely contested Nov. 6 presidential election.
Peter Bo Kiaer, senior equity analyst at Saxo Bank, tells CNBC that Apple is seeing the consequence of not having Steve Jobs and his vision anymore and the company is starting to look more like Microsoft.
*Gold seen trading in $1,700- $1,740 range next week. SINGAPORE, Oct 26- Gold was a tad higher on Friday but 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.
*Shares down 2 pct in Seoul. 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 sales of memory chips.
SEOUL, Oct 26- Samsung Electronics Co Ltd, the world's top phone handset maker, sold 56.3 million smartphones in the third quarter, widening its lead over rival Apple Inc, a report by research firm IDC showed.
*Apple full-year revenue jumps 45 pct to $156.5 bln. SAN FRANCISCO, Oct 25- Apple Inc delivered a second straight quarter of disappointing results and iPad sales fell well short of Wall Street's targets, marring its record of consistently blowing past investors' expectations.
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.