No one knows what will ultimately deter Vladimir Putin, but a resolution may hinge on the fact that he's not presiding over a healthy economy.» Read More
I think China will hit the target and be bigger than many think, says Daniel Ernst, Hudson Square Research, discussing Apple's iPhone launch in China and CEO Tim Cook's vision for the company.
Some of the names on the move ahead of the open.
Walter Isaacson of the Aspen Institute discusses Apple's deal with China Mobile and say Tim Cook still needs to bring out the "holy cow" product. He discusses Google's acquisition of Nest and weighs in on why the greatest innovations right now are coming from Google.
China Mobile has more than 760 million subscribers, reports CNBC's Eunice Yoon, with a break down of the deal between Apple to sell its iPhones in China.
Apple's CEO Tim Cook told CNBC's Eunice Yoon, the company's deal to sell iPhones on China Mobile's vast network is a "watershed moment" for the company.
Apple CEO Tim Cook and China Mobile's chairman Xi Guohua describe their deal as a "key milestone," and say that while their pricing is more expensive than competitors', it still remains "very attractive."
*Operating profit at 28.6 bln to 29.4 bln yuan vs 2012' s audited 19.96 billion yuan. *2013 revenue 238 bln yuan to 240 bln yuan, up 8 percent, boosted by smartphones.
Apple CEO Tim Cook says the deal to sell iPhones on China Mobile's vast network is a "watershed" moment.
Apple CEO Tim Cook says the deal with China Mobile will help the group build on its momentum in the country after it sold more iPhones in China last year "than ever before."
A deal to sell iPhones on China Mobile's vast network is a "watershed moment," Apple CEO Tim Cook told CNBC on Wednesday.
LAS VEGAS, Jan 8- Qualcomm's CEO Paul Jacobs said on Wednesday that the U.S. mobile chipmaker still has not been notified about why it has come under antitrust scrutiny in China since late last year. In November, Qualcomm announced that China's National Development and Reform Commission had launched an antitrust probe into the company.
SEOUL, Jan 7- Samsung Electronics earned less than even the most conservative analyst forecast in October-December after handing out an estimated $1 billion in bonuses to mark 20 years since its chairman set it on the road to becoming a global behemoth.
Samsung is bracing itself for its weakest smartphone profit growth this year since it started making the devices in 2007, as arch rival Apple Inc challenges its domination in China's $80 billion market.
*China Mobile advantage ends when Apple deal begins Jan. 17. SEOUL, Jan 7- Samsung Electronics Co Ltd is bracing for its weakest smartphone profit growth this year since 2007 as arch rival Apple Inc challenges its domination in China's $80 billion market.
Wells Fargo downgraded Apple amid margin concerns. Andy Hargreaves, Pacific Crest Securities, has put a sector perform rating on Apple. Ross Gerber, Gerber Kawasaki CEO, owns $8 million worth of the stock and says the tech giant has the best product line.
BEIJING, Jan 2- Chinese budget smartphone maker Xiaomi plans to sell 40 million handsets in 2014, more than double the number it sold in 2013, its chairman said on Thursday, reinforcing the company's ambitions to outsell more expensive offerings from Apple Inc and Samsung Electronics Co Ltd..
SAN FRANCISCO, Dec 27- Apple Inc CEO Tim Cook earned roughly the same in 2013 as in 2012, but lost part of his performance-based stock award during a year in which intense competition and margin pressure bludgeoned the iPhone maker's stock. Apple's stock lost a quarter of its value over that one-year period.
Santa's sleigh delays; frothy tech valuations; and more 'wisdom' from McDonald's. Here are this week's market winners and losers.
"It's pretty straightforward: Pick the themes, then pick the winners within the themes," Piper Jaffray's Gene Munster says.
China has approved a pilot scheme allowing private companies to piggy back on the country's providers to offer own-brand mobile services.