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Apple may finally have Wall Street off its back, but now the question lingers, just what exactly is the company planning to do with its $145 billion cash hoard?
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MELBOURNE/ JAKARTA, May 7- An Indonesian company is willing to reimburse Australian explorer Intrepid Mines. for work it carried out on a huge gold prospect in Indonesia, looking to resolve a bitter dispute over rights to the mine, a lawyer said. "They are breaching their agreement with us," Tony Wenas, Intrepid's chief executive in Indonesia, told Reuters.
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BEIJING, April 7- Tencent Holdings is unlikely to charge any fees for the use of its popular mobile chatting application, its president was quoted as saying, after a cabinet minister caused an uproar by saying users might have to pay fees in future. Tencent's Weixin, or WeChat, app is currently free and has attracted more than 300 million users.
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STOCKHOLM, May 3- Ericsson expects cut-throat competition between telecoms equipment makers as China prepares to spend billions of dollars on high-speed networks, punishing margins at a time when profitability is already under pressure.
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HONG KONG, April 26- China, the world's largest mobile phone market by subscribers, posted a 1.2 percent monthly increase in the number of mobile subscribers to 1.15 billion in March, data from the country's three telecommunications operators showed. Following is the breakdown of mobile subscriber statistics for March provided by the three carriers:.
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SHANGHAI/ HONG KONG, April 25- China Life Insurance Co Ltd, the world's biggest insurer by market value, posted a 79.1 percent increase in its first-quarter net profit, boosted by an increase in investment yield and a decrease in impairment losses.
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YANGON, April 25- Introduced a decade and a half ago under Myanmar's former military rulers, SIM cards sold for as much as $7,000 apiece.
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Apple may finally have Wall Street off its back, but now the question lingers, just what exactly is the company planning to do with its $145 billion cash hoard?
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Samsung launched its latest salvo against Apple in the war for global smartphone dominance. What does it mean for Apple?
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Apple estimates are cut again as Samsung announces its Galaxy S4 smartphone. TheStreet.com reports.
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European shares rose on Thursday, resuming the two-week rally that has propelled indexes to multi-year highs.
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China Mobile hopes to tap pent-up demand for Apple smartphones by rolling out new 4G technology this year and having an iPhone model that will finally run on it.
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Another Wall Street analyst cuts estimates on Apple. There may be more to come in the short-term, but this could be a bottoming process. TheStreet.com reports.
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Forty eight hours from the sequester, and markets are calm.
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Apple stock could see upside, but also faces risks, UBS analyst Steve Milunovich says.
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Asian shares gained on Wednesday as solid euro zone data helped sentiment, while the prospect of a dovish new governor for the Bank of Japan sent the country's stocks surging.
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Wall Street's love affair with Apple is clearly waning as the stock swoons, but some Apple analysts are just waiting for new reasons to love the stock again.
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Apple and Samsung remain the talk of the tech world as the titans battle for mobile supremacy. TheStreet.com reports.
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Asian shares ended mixed on Friday, dragged lower by a drop in regional technology stocks, although gains in Australia and Japan contained overall losses for equities.
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Asian shares were mixed on Thursday after manufacturing data from China confirmed a recovery was on track, easing nervousness caused by a sharp drop in Apple shares.
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Apple rally even if it posts a quarterly loss, Enis Taner of RiskReversal.com says.