Apple Inc. (NASDAQ:AAPL) is going to launch much awaited iPhone 6 next month according to the reports. Answering the question about Apple’s stock and whether it is a ‘Buy’ or not in a program on Fox Business, Charles Payne said that Apple is a ‘Buy’ because after the new product launches, it will regain its charm and touch new heights. Payne also said that the latest reports of new iPads can also give a lift to the Apple stock, but Apple must be vigilant about the cannibalization because of two product releases. He said that Apple Inc. (NASDAQ:AAPL) does not normally…
Author: Sean Johnson
Hon Hai Precision Industry Co. has exceeded analysts’ expectations ahead of the release of Apple Inc. (NASDAQ:AAPL)’s new iPhone 6. Some reports of new iPads have also given a boost to the stock price of Apple Inc. (NASDAQ:AAPL)’s supplier. Hon Hai shares reached the highest level in three weeks and the company reported profits that beat all expectations. Hon Hai’s Q2 net income went up by 9% to NT$20.2 billion ($673 million). Discussing the Hon Hai’s profits and reasons behind the growth in a program, Bloomberg’s David Ingles said that Hon Hai is likely working on new Apple Inc. (NASDAQ:AAPL) products. He also said that Hon…
Amazon.com, Inc. (NASDAQ:AMZN) launched its mobile-payment service and smartphone-compatible credit-card reader on Wednesday. Amazon.com, Inc. (NASDAQ:AMZN) has started this mobile payment service to tackle its competitors like PayPal, Square and other payment services company. Mobile payment service is another attempt from Amazon.com, Inc. (NASDAQ:AMZN) to craft its online shopping ecosystem which can offer merchants a one stop package. Discussing Amazon’s new release in a program on CNBC, Jason Del Rey, Re/Code senior editor, said that Amazon has plans to build the online shopping ecosystem and its competitors like Square and PayPal are likely to face problems in the future because…
Macy’s, Inc. (NYSE:M)’s stock tumbled by 5% after the company reported its quarterly earnings which missed the analysts’ expectations. Macy’s reported a profit raise of 4% year-over-year to $292 million and its diluted earnings per share totaled $0.8. Discussing Macy’s, Inc. (NYSE:M)’s earnings and the company’s future in a program on CNBC, Matthew Boss, JPMorgan senior retail analyst, said that despite all the problems in earnings, Macy’s still has a bright future in the market as it has a complete strategy to follow. “[…] I think Macy’s, Inc. (NYSE:M)’s is confident in their strategy. […] We spoke to the company this morning, I think, again, they remain confident in their…
Pandora has recently announced a new strategic alliance with The Walt Disney Company (NYSE:DIS) that will give Pandora more exposure in Walt Disney World Resorts and Disneyland Resorts. Pandora is also making special bracelets and charms featuring Disney characters. The company has been selling charms and bracelets in different theme parks to boost its sales and promotion. Discussing the new strategic partnership with The Walt Disney Company (NYSE:DIS) and overall business prospects in a program on CNBC, Allan Leighton, CEO of Pandora, said that the company has proved over time that it is the best in the bracelets business. He said that his company is…
King Digital Entertainment PLC (NYSE:KING) stock came down by 20% on Tuesday amid second-quarter earnings of $0.59 per share, excluding items, on $594 million in revenue. Company’s revenue went up by 30% compared to the same quarter a year earlier and profit is up by $165.4 million from $125.92 million the same quarter in 2013. Discussing the King Digital Entertainment PLC (NYSE:KING)’s stock in a program on CNBC, Jim Cramer said that the company has missed the expectations of analysts and it will face a hard time in the coming days. He added that the video game industry is becoming a difficult domain and King…
According to an article on Bloomberg, Apple Inc. (NASDAQ:AAPL)’s suppliers have started mass production of new iPads and they will be released by the end of this year. Bloomberg quoted inside sources, without disclosing names, and claimed that Apple is making two new iPads. One is a full-sized iPad with a 9.7-inch screen, whereas the other is a new iPad mini having a 7.9 inch screen. Apple Inc. (NASDAQ:AAPL) has faced a massive decline in iPad sales since past two quarters and the tech giant is desperate to stimulate the growth in its slate line. Two new iPads are reported to be…
Apple Inc. (NASDAQ:AAPL) reinstated the famous Blockchain app two weeks ago. Discussing this reinstatement and the reasons behind this in a program on CNBC, Blockchian CEO, Nic Cary, said that his company turned towards Android and made a Bitcoin wallet for Android users after Apple removed Blockchain app. This step was a huge success and got famous within days. According to Cary, Apple Inc. (NASDAQ:AAPL) witnessed this success and contacted his company again to develop a new Bitcoin wallet for iOS. “Six months ago, Apple Inc. (NASDAQ:AAPL) let us know that they are going to be removing our wallet app…
Sprint Corporation (NYSE:S) is offering a wireless plan just for $12 which will let its users only connect to Facebook Inc (NASDAQ:FB)’s social media platform. This wireless plan is offered under the company’s Virgin Mobile brand of prepaid service. The plan is perceived as yet another effort to let the customers enjoy social media platforms in less cost. An article on USA Today discussed the Sprint Corporation (NYSE:S)’s latest plans and shed some light on net neutrality concerns expressed by experts. The minimum package of this wireless plan starts at $6.98 per month and includes 20 text messages, 20 minutes of calls and no data. In $35, the customers…
According to reports, Apple Inc. (NASDAQ:AAPL) is going to launch two new iPads by the end of this year. Discussing the launch of new iPads and its effect on Apple Inc. (NASDAQ:AAPL)’s revenue in a program on Bloomberg, Piper Jaffray Senior Research Analyst, Gene Munster, said that iPad is the troubled child of Apple and Apple needs to inject something really new and creative to penetrate iPads into the market successfully otherwise iPads will face serious problems in the competitive market. “It’s probably not going to be much different that the existing iPads, they can add touch ID sensor…
All major companies use Twitter Inc (NYSE:TWTR) for online promotion and advertisement. Tweet timing and post scheduling is a new concept which touts that perfect timing of any post on Twitter Inc (NYSE:TWTR) can optimize and enhance its performance and popularity. Discussing the concept of Tweet Timing on Twitter Inc (NYSE:TWTR) in a program on Bloomberg, Jim Anderson, CEO of SocialFlow said that post scheduling and timing is really necessary. He thinks that user data is the most important factor in this process because user’s interest can be evaluated from his data. “It works by relying on the data first and foremost, we are all looking for…
National Labor Relations Board (NLRB) issued a brief statement recently according to which, 43 charges of unfair labor practices taken place at McDonald’s Corporation (NYSE:MCD)’s franchises could be perused as legal charges against the Franchisee and the Franchisor, McDonald’s Corporation (NYSE:MCD). This announcement is a huge change in the labor law because this makes McDonald’s Corporation (NYSE:MCD) a joint party in any form of labor law abuse that takes place in its franchise. Discussing this issue in a program, Bloomberg’s expert Megan McArdle said that the latest announcement by NLRB can change the dynamics of labor laws in the country.…