Apple Inc. (NASDAQ:AAPL) and International Business Machines Corp. (NYSE:IBM) have signed a partnership agreement that will allow them to make a rush for the Enterprise business segment that BlackBerry has been relying on, to rejuvenate its Growth metrics. Competition in the Enterprise tool segment has essentially taken a new dimension according Capital Management, Charles Sizemore, who in an interview on CNBC said it would considerably affect BlackBerry Ltd (NASDAQ:BBRY) going forward. “I would say this is bad news for BlackBerry off course. But BlackBerry, what is really left for BlackBerry in any way. BlackBerry has been declining for so long…
Author: Neha Gupta
In the Bloomberg’s “AJ’s Insight & Action,” anchor Adam Johnson reports on the performance of the semi-conductor industry and the earnings growth ahead for the companies in the industry like Freescale Semiconductor Ltd (NYSE:FSL), Advanced Micro Devices, Inc. (NYSE:AMD), Lam Research Corporation (NASDAQ:LRCX), ON Semiconductor Corp (NASDAQ:ONNN) and Applied Materials, Inc. (NASDAQ:AMAT). Speaking on the semi-conductor industry stocks, Johnson said, “Semi-conductor investors, your long wait is finally over.” Johnson added that the semi-conductor index, the SOX Semiconductors Index, has finally went up above the levels which have been not seen since 2002 i.e. a wait of 12 years. According to…
Amazon.com, Inc. (NASDAQ:AMZN) has quietly given entry to the head of Google Inc (NASDAQ:GOOGL) Glass project, Babak Parviz, into its versatile office, but, it is still not clear about how Parviz’s abilities will be utilized in the new organization. As the market is abuzz with different versions over the departure of Parviz from Google Inc (NASDAQ:GOOGL), Bloomberg’s Brad Stone tried to make out the implications. Stone is least surprised by Parviz’s appointment at Amazon.com, Inc. (NASDAQ:AMZN) as he reiterated that the online retailer is aggressive in competition in each and every segment, and given the fact that Jeffrey P. Bezos…
CNBC’s Dominic Chu gives an interesting insight on three of the stocks, namely, Michael Kors Holdings Ltd (NYSE:KORS), Electronic Arts Inc. (NASDAQ:EA) and Pitney Bowes Inc. (NYSE:PBI), which have steadily performed in terms of their earnings and shares performance during the last four-quarters. Chu started with Michael Kors Holdings Ltd (NYSE:KORS), which rallied by nearly 7% following the day of its earnings report. He recalled that the shares of Kors had soared by over 17% in February too, right after the company had reported a robust holiday sales and had upped their profit estimates for the next quarter. Michael Kors…
Brian Blair of Rosenblatt Securities revealed during an interview with CNBC that Apple Inc. (NASDAQ:AAPL) is eying to produce in between 90-100 million units solely of 4.7″ iPhone 6 during the second half of the year. Blair said, “Apple is incredibly bullish on this and one of the big things is its larger screen. This larger screen is going to see an incredible demand, and not just in China, but throughout Greater Asia and other pockets of the world, where large screen has been very successful, and Samsung has shown us that.” Blair shrugged off concerns relating to the production…
Jim Cramer continues to remain bullish on Facebook Inc. (NASDAQ:FB), Citigroup Inc. (NYSE:C) and Apple Inc. (NASDAQ:AAPL) as some of the best stocks in the market that are miss-valued but with huge growth potential taking into consideration their quarterly earnings. Citigroup Inc. (NYSE:C) had initially been discounted as a poor performer in the financial sector, but later on changed the course and reported strong quarterly earnings that beat estimates. Citigroup Inc. (NYSE:C), according to Jim Crammer on CNBC, sorted out its problem amicably with the Department of Justice, as well as its toxic CEO exposure consequently generating a strong quarter that…
The market is currently waiting in anticipation, the much publicized Alibaba IPO which many people expect to recoup up to $20 Billion in net proceeds. Yahoo! Inc. (NASDAQ:YHOO) is set to sell some of its stakes in Alibaba, during the IPO offering. Ironfire Capital’s Eric Jackson, in an interview on CNBC, has reiterated that the market is certain to be in high-gear over the coming weeks in anticipation of the IPO. There has been suggestions that the IPO could take place on August 8 of which Jackson believes could take place earlier than anticipated. “Most people think the IPO is…
GoPro Inc. (NASDAQ:GPRO)’s stock continued to sink in the market on Monday trading session, going down by 5.15% to close the day at a low of $36.84. The drop in the market comes as Barron’s posted a cautious article about the company, highlighting that the post-IPO thrill was finally over for the company. Barron’s, Phil Roosevelt, in an interview on Fox Business, said that the company has gone out of control since its IPO period where it was trading at high margins; Johnson Controls Inc. (NYSE:JCI)’s, on the other hand, continues to soar in the market after an article from Barron’s.…
Sources in China are quoting an analyst from KGS Securities in Taiwan, reporting that the much awaited Apple Inc. (NASDAQ:AAPL)’s iPhone 6 could be delayed’ until 2015. Bloomberg’s editor and anchor, Cory Johnson, presented the reports in an interview on Bloomberg TV saying that he does not think the quoted KGS analyst has any accurate information that should be of a concern at the moment. “I doubt whether this analyst has any accurate information. it would be shocking news if Apple did not come with a phone this year, but the notion of this analyst from somewhere in Taiwan is reputable…
CNBC reporter Robert Frank reports on the coming together of e-commerce giant eBay Inc (NASDAQ:EBAY) and one of the world’s largest and oldest auction houses Sothebys (NYSE:BID), to have online auctions which is seen to be one of the fastest growing segments of the art industry. “I am calling it Sotheby’s 2.0, because it’s actually the second time that Sotheby’s has teamed up with eBay to make a big push into digital. Now, starting this fall, eBay will live stream many of the New York sales Sotheby’s for the lower value items like wine, jewelry, watches & photographs. Now both…
Apple Inc. (NASDAQ:AAPL) just like other international companies, has found itself in trouble with officials in China after allegations emerged that iPhone Tracking feature could be used for spying. Apple has also been accused in the past of offering substandard services in China compared to other markets as well as short-term product warranties. “CCTV once again criticizing Apple, saying that its consumer warranties were not comparable with those available in other markets, and there were complaints, which focused on the fact that Apple repaired broken iPhones instead of replacing them” said Rosalind Chin in a report on Bloomberg Business. U.S.…
At the Farnborough Air Show, Bloomberg anchor Anna Edwards speaks to John Harris, the chief executive officer of Raytheon International Inc. (Raytheon Company (NYSE:RTN)), as part of the Bloomberg’s ‘The Pulse.’ The discussion mainly revolved around the demand for defense equipment as well as the ongoing geopolitical situation which would play a major role in shaping the future of the industry. On the U.S. Government’s Defense Budget being under pressure and the need to find more international customers, Harris said that Raytheon Company (NYSE:RTN) is not immune to it and that the company is, therefore, required to position it accordingly…