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Tech earnings for the week are in the books and we now all get to look ahead to Apple Inc.'s earnings next Wednesday. But reading the tea leaves from some of the biggest names reporting this week may signal a pretty good uptick in tech. And despite NASDAQ's declines today, some positive trends are developing that may signal a nice opportunity for investors.
The buzz on the street on this morning is "earnings", says Scott Fullman, director of investment strategy for IA Englander & Co.
Yahoo chief executive Jerry Yang was found wanting on Wednesday by investors who said the company needed to devise a plan to combat weaker advertising growth more quickly than in the 100 days promised by management.
Macy's, AT&T, Gildan and more...Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
A consumer advocacy group has expressed outrage over Apple Inc.'s battery replacement program for the iPhone, while developers and hackers are trying to figure out ways they could expand the capabilities of the hot new gadget.
A well-known hacker claims to have overcome restrictions on Apple Inc.'s iPhone, allowing highly technical users to bypass AT&T Inc.'s network to use the phone's Internet and music features.
Spanish-owned mobile phone operator O2 has yet to sign any deal to bring iPhone mobile phones -- Apple's latest "must-have" gadget -- to Britain.
While most Mac geeks were worshipping at the iPhone altar this weekend, we here at CNBC got some tech geeks to dissect an Apple iPhone for us (see video below). Called a "tear down", it's when you break apart a gadget to figure out what's inside, and how much those components cost. We got one of the top companies in this field--called iSuppli-to peel apart the (Apple) gadget for us.
The most expensive iPhone model could deliver a profit margin of more than 55 percent for Apple after hardware and manufacturing costs, according to iSuppli, which examined the components of the widely anticipated device.
While most iPhone owners couldn't wait to try out their pricey new gadgets, a few raced to break them apart.
Apple outpaced analyst estimates selling more than 500,000 iPhones at Apple and AT&T stores in the first weekend it was available, according to some projections, although about 2% of AT&T customers were dissatisfied with their iPhones due to delays in wireless network activation.
Apple Inc.'s iPhone is celebrating its first complete weekend on store shelves and early reports suggest blockbuster sales. Piper Jaffray is out with a report saying that Apple and AT&T sold a staggering 500,000 iPhones in 48 hours. Both Piper and Global Crown Capital say AT&T stores sold out of their inventory by Saturday afternoon, and a quick check of Apple's website this morning to gauge availability shows it spotty at best at so many retailers. Only two stores in California, both in San Francisco, show availability of any kind. And Piper says 16% of Apple stores have sold out.
U.S. telecommunications company AT&T said on Friday it will buy rural wireless carrier Dobson Communications for $2.8 billion in cash to expand its reach in rural and suburban markets.
Global Tower, a U.S. wireless tower operator, is to be bought by a consortium of infrastructure funds managed by members of Australia's Macquarie Group in a deal valued at $1.4 billion.
Even with the July 4th holiday next week, analysts think the markets will be as jittery as ever. "The market is very nervous here," Steven Neimeth, portfolio manager at AIG SunAmerica Asset Management told CNBC.com. "Lower liquidity around the Fourth of July week could lead to greater volatility as a result of news events, whether it be the Middle East, oil or the credit markets. Any news, good or bad, is likely to have a heavy impact on the market."
On the day of reckoning for the most-hyped gadget in recent memory, eager customers lined up Friday, a few even braving torrential rain, to be among the first to get their hands on the coveted new cell phone from Apple.
AT&T has agreed to purchase wireless carrier Dobson Communications, a source familiar with the situation said on Friday.
If you're holding Apple stock, or want to, and haven't asked these five financial questions, you should. 1. What if the iPhone is a bust? What will that do to Apple stock? "If the device doesn't hit, and continue with a real strong bang, people might be deflated here," says Jonathan Hoopes at ThinkEquity. "Believing that the iPhone, if it's not as successful as those who think it will be, is gonna bring the down the company's other businesses."
So, here we are a day away now from Apple Inc.'s iPhone release, and after months of hype and endless coverage, consumers still have some questions, like the day-to-day issues that could determine whether this phone is right for you. So, here are some questions and answers that may help you make up your mind.
Apple Inc.'s iPhone may have a corner on the smart phone headlines, but Research in Motion and Palm will generate some news of their own when they release earnings after the bell today.This will shape up into a tale of three companies: One might be too hot, the other too cold, and the last might be just right.