Apple Inc. is fast becoming the poster boy for all things that are wrong with Wall Street right now, and that in itself might represent an opportunity for the savvy investor willing to play the odds instead of curling up in a ball and letting traders kick them in the head over and over again.
People are putting more sensitive personal information online and with the growing use of mobile devices, there’s more risk than ever. While many people are aware of the high-tech threats, they may not be aware of how they’re exposed.
Rumors of the eBay layoff that became official this morning have been circulating for weeks, but the added headlines of attempting to turn this company around by building on its strengths is quixotic at best.
I won't call it a war, but an intriguing battle is shaping up on Wall Street on the opinions running rampant about Apple Inc. and its prospects, both for this quarter and the coming year.
Microsoft Chief Executive Steve Ballmer said on Tuesday the global financial crisis will sap consumer and business spending, affecting all companies, including his own.
Following Apple's spacerdowngrade parade early this morning, I suggested that the dithering on Wall Street was going to be "right," whether it was or not simply because it stood to become a self-fulfilling prophecy.
It's not often -- like almost never -- that you see a downgrade parade like the one for Apple this morning, that doesn't follow earnings or some kind of catalyst.
As you might expect, when a name-brand blue-blood tech company like Research in Motion so terribly disappoints the Street, leading to a 20-percent plunge in its shares, it's going to generate a healthy amount of dialogue.
There are downgrades, and there are downgrades, but I have never seen the kind of downgrade parade marching through Wall Street this morning related to Research in Motion and its stock.
In my earlier post about Research in Motion's bitter earnings miss, I speculated that before investors rush off to sell their Apple shares in sympathy, they may want to study RIM's reasons for its shortfall. And that appears to be good advice.
To say that the optimism surrounding Research in Motion going into the company's second quarter earnings, reported just moments ago, was thick, is an understatement.
The news is good for BlackBerry, even in the face of iPhone's success, which speaks to my point yesterday that the sector is having no trouble supporting multiple success stories.
There's little chance that telegrams bring good news; likewise can be said when your email inbox suddenly shows a note from the CEO with the words, "Time for another update."
The "Dream" name disappeared this morning, in favor of T-Mobile's "G1" moniker instead, a nod to the first handset powered by Google's mobile operating system dubbed Android. And now the market has to weigh whether this is merely another competitor available, or everything Blackberry and iPhone aren't.
Here we are, the night before Google, HTC and T-Mobile unveil the highly anticipated "Dream" smartphone--otherwise known as the gPhone--and Apple tries to ruin the party with headline-stealing news of its own.
Minutes after Microsoft's news to launch another $40 billion stock buyback and raise its dividend by 18 percent, Hewlett-Packard and Nike both announced major new buybacks of their own. And all of this may serve as a clarion call to other cash rich tech companies to start sharing their wealth.
HP is resurrecting the "Dude, You're Gettin' a Dell" campaign, which wasn't the brightest point in Dell's history, and now it's being used against it.
With this morning's rally, this is quickly shaping up as the week that wasn't for so many battered and bruised technology companies, and whiplashed investors are learning some important lessons:
Turns out, reporting pretty good news on a day when the Dow scampers 400 points and the Nasdaq recovers 100 points, translates into fantastic timing for Oracle shareholders.
Seinfeld wasn't "fired," or "canned," or "cancelled," or "let go." The company said from the early going that the Seinfeld commercials were "teaser ads" meant to stir conversation and debate, and tee up this next round of ads.