Apple Inc. (NASDAQ:AAPL) is reportedly working on a larger-screen iPad, which might be released in the first quarter of 2015. The larger iPad will have a 12.9 inches screen, making it the biggest iPad so far. In a program on Bloomberg, experts discussed the probable launch of a larger iPad and its effect on Apple Inc. (NASDAQ:AAPL)’s sales. Sam Grobart said that Apple is facing the demand of a versatility in iPad sizes. “There seems to be in the market a desire for a diversity of sizes when it comes to these things, so people want something as big is…
Author: Sean Johnson
Netflix, Inc. (NASDAQ:NFLX) is planning to expand its customer base outside the US and experts are now predicting a high rate of acceptance and growth for the streaming service in the Europe. Bezinga quoted Pacific Crest’s Andy Hargreaves in an article and said that Netflix, Inc. (NASDAQ:NFLX) will grow its non US subscriber base at a rate of 20% faster than the expectations of Wall Street. Netflix, Inc. (NASDAQ:NFLX) is expanding in Europe in the second half of the year and there is a massive potential for the company because of smaller competition and growing demand for streaming. According to the…
Apple Inc. (NASDAQ:AAPL) is set to launch its new iPhone next month. While the loyal customers are preparing to buy the new iPhone, at the same time, they have started weighing their options to make the best trades for their current iPhones. According to a report from comScore, most of the iPhone 5S users are looking to sell their phones in order to get their hands on the Apple Inc. (NASDAQ:AAPL)’s iPhone 6. Wall Street Journal referred to this study in an article and said that while the majority of the current iPhone users will be checking eBay and Craigslist for the…
DISH Network Corp (NASDAQ:DISH) has filed a petition against the merger of Comcast Corporation (NASDAQ:CMCSA) and Time Warner Cable Inc (NYSE:TWC) and claimed that if the merger takes place, there will be significant damage to the competitors and other over-the-top (OTT) video services such as Netflix and Hulu. FBN’s Liz MacDonald reported on this issue and said that Time Warner Cable Inc (NYSE:TWC) and Comcast Corporation (NASDAQ:CMCSA) deal is facing hurdles from its competitors. “[…] It’s the DISH Network Corp (NASDAQ:DISH), it’s the biggest satellite company in the nation. You know, the comments to the FCC, that deadline was yesterday…
It is now confirmed that Burger King Worldwide Inc (NYSE:BKW) is taking over Tim Hortons Inc. (USA) (NYSE:THI), the Canadian coffee-and-doughnut chain. Reports are now emerging that Warren Buffet will help Burger King Worldwide Inc (NYSE:BKW) in this takeover by offering an investment of $3 billion in preferred equity financing. In a program, CNBC’s Andrew Ross Sorkin discussed the role of Warren Buffet in the Burger King Worldwide Inc (NYSE:BKW), Tim Hortons Inc. (USA) (NYSE:THI) deal. “[…] It’s a $3 billion loan, it part of the $12 billion financing package, the rest of the money coming from JP Morgan and…
Experts are praising Amazon.com, Inc. (NASDAQ:AMZN) for its smart move of acquiring Twitch, the videogame streaming service that was previously eyed by Google. In a program on CNBC, Investor Kevin O’Leary of “Shark Tank,” said that he is extremely optimistic about Twitch’s future with Amazon.com, Inc. (NASDAQ:AMZN) because Amazon knows how to monetize its resources. He said that watching other gamers play videogames makes a lot of sense because in this way, one can learn the strategies and moves from the world class players who are broadcasting their gameplay to the whole world. O’Leary thinks that videogame streaming is just like any other…
Amazon.com, Inc. (NASDAQ:AMZN) has announced that it is going to buy videogame streaming service Twitch. Discussing this acquisition in a program on Bloomberg, Tom Giles and Cory Johnson said that this is a very smart move from Amazon as the content business is growing worldwide and streaming services will give Amazon.com, Inc. (NASDAQ:AMZN) a great boost in the industry. Tom Giles said that millions of people want to just watch other people playing videogames and Amazon has ceased this user base from this move. He thinks that Google Inc (NASDAQ:GOOGL) will not be much worried out this acquisition because it has already its…
DSW Inc. (NYSE:DSW) beat the estimates and posted the second quarter earnings $0.37 a share and revenue of $587 million. Wall Street analysts were forecasting profits of $0.32 a share on sales of $565 million. In a program on CNBC, Jim Cramer discussed the DSW Inc. (NYSE:DSW) stock and said that it is a great option for investors as the shoe maker is coming back up in business. He thinks that DSW is underrated and investors must make the move to grab the stock. He said that the company had a terrific quarter and sales are up, which is an…
Apple Inc. (NASDAQ:AAPL) is going to release its new iPhone 6 next month according to many reports. However, the launch migh also help the electronics retailer Best Buy Co Inc (NYSE:BBY) to recover from its diluting growth. The company reported its quarterly earnings on Tuesday and depicted a fall in net income and revenue. Net income of Best Buy Co Inc (NYSE:BBY) for the quarter was $146 million, down by 41% on the year. Peter Keith discussed Best Buy Co Inc (NYSE:BBY) in a program on CNBC and said that the company is expecting a growth very soon with Apple Inc.…
Ralph Lauren Corp (NYSE:RL) has stepped into the wearables domain with a boom. The fashion brand has revealed a high-performance, fashion-forward Polo Tech shirt that has knitted-in sensors to track the physical and biological attributes like stress levels, heartbeat, respiratory level and body heat. The smart shirt keeps sending this data to your smartphone for efficient tracking of personal health and physical condition. In a program on CNBC, David Lauren, Ralph Lauren executive vice president of global advertising and marketing, said that Polo Tech shirt will be available by this spring and the company is very excited about it. “We can…
Wall Street Journal has reported that Amazon.com, Inc. (NASDAQ:AMZN) has agreed to buy Twitch, a live-streaming gaming network for $1 billion. Previously, the reports were swirling around that Google Inc (NASDAQ:GOOGL) was interested in buying Twitch.tv in order to expand its streaming and entertainment business. Twitch service live streams video game footages to 45 million viewers a month. It has recently taken strong actions against copyright violations and revamped its services in order to refine its image. These efforts were likely to attract a buyer and apparently, Twitch is pretty successful in its efforts. WSJ quoted “two people briefed…
The war of price cuts and winning the hearts of customers between Sprint Corporation (NYSE:S) and T-Mobile US Inc (NYSE:TMUS) is getting all heated up. Last week, Sprint Corporation (NYSE:S) announced its $60 unlimited data plan that was a great step by the company’s new CEO. But how could T-Mobile US Inc (NYSE:TMUS) let this move go unnoticed. Today, T-Mobile US Inc (NYSE:TMUS) has announced that it is offering an additional two gigabytes of data, talk and text for $45 per month in its “Simple Starter” data plan. Discussing this price cut war between the two companies in a program…