A buyback made sense back in March. With Apple's cash generation since, and the non-GAAP megabucks iPhone's generating now, a buyback makes exponentially more sense today.
Verizon's profit rose in the third quarter to an adjusted 66 cents per share, in line with expectations and higher than 63 cents per share in the same period last year, on strong sales, the company said Monday.
It becomes a monumental problem for Apple's valuation when you consider that if Apple didn't defer iPhone revenue, the product would account for 44 percent of Apple's fourth quarter revenue, and a whopping 63 percent of its profits from the device.
Global stock markets rebounded Monday as the world's governments stepped up plans to bailout the financial sector. CNBC's experts weigh in on whether the rally has legs.
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.
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.
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.
Earnings, real and growing earnings from a company not in the middle of the financial crisis. Come and get em!
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."
Thursday will be a big day for Research in Motion as the company prepares to release its second fiscal 2009 quarterly earnings into a climate that's either really good, or really bad, for the wireless leader, depending upon who you believe on Wall Street.
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.
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.
It's not often that a company like Palm enjoys "bellwether" status, but such is the unusual result of these crazy times on Wall Street where investors are breathlessly searching for any kind of sign post they can find.