In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
Stocks in Asia traded lower on Monday morning, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
Not all is rosy in the land of Apple.
Despite beating expectations in its fourth quarter and impressive iPhones sales, the company is still struggling to sell iPads.
Apple sold a whopping 39.3 million iPhones during the quarter—a 16 percent increase year-over-year—but it saw a 13 percent drop in iPad sales from the previous year selling just 12.32 million units.
Despite the decline in tablet sales, CEO Tim Cook told CNBC he is still bullish on the iPad and pointed to Apple's new tablets, the iPad Air 2 and the iPad Mini 3, as potential growth drivers for the category.
But this negative trend in iPad sales has become a reoccuring theme that likely won't get better anytime soon, said Scott Kessler, senior equity analyst at S&P Capital IQ.
"Strong iPhone sales and weak iPad sales, this is a repeat of previous quarters," Kessler, who has a price target of $103 for the stock with a 'hold' rating, said.
"When people think back to the event last week, people were impressed, but are those products really going to change the trajectory of the iPad franchise? We don't necessarily think so. It's great that the company is able to deliver thinner, faster, more beautiful iPads, but we think people upgrade on their own cycle and not just because of the introduction of a great new product," Kessler said.
Apple's iPad revenue has been weak for the past several quarters. Year-over-year, Apple's iPad revenue dropped 14 percent in the fourth quarter to $5.32 billion. Some of this decline may be attributed to iPhone sales cannibalizing iPad sales, analysts said.
"I am a little bit disappointed, but not surprised, on the year-to-year drop in iPad units," Paul Meeks, a senior analyst at Saturna Capital, said on CNBC's "Closing Bell " Monday. "What is happening is the iPhone is cannibalizing the iPad."
Kessler said given the recent release of the larger iPhone 6 Plus, this could be the case to an extent, but said it also just has to do with the iPad having a much longer upgrade cycle.
Still though, while iPad numbers remain sluggish, the company's overall performance was impressive for the fourth quarter. The tech giant posted earnings of $1.42 per share on revenue of $42.1 billion and gave sales guidance for the current quarter of $63.5 billion to $66.5 billion.
Apple's strong guidance signals the company is well-prepared for the coming holiday season, Meeks said.
Read More The two fights over Apple's cash hoard
"I'm impressed with what they delivered, I'm impressed with the guidance," he said.
"They wouldn't give that guidance if they thought there would be problems with the supply chain," Meeks said.
Cook also told CNBC demand for the iPhone 6 models is "off the charts," signaling strong momentum going into the first quarter.
"I think this will be the best holiday season we have ever had," Cook said.