In what was a battle against its major rival Samsung, against whom Apple Inc. (NASDAQ:AAPL) is fighting a nasty patent war, Apple Inc. (NASDAQ:AAPL) lost its bid for injunction. Apple Inc. (NASDAQ:AAPL) and Samsung’s patent war is not new, the only change that has happened over the years is that the patents and the smartphones for which the two companies fight have changed. Re/ code provided a recent update on Apple Inc. (NASDAQ:AAPL) vs. Samsung patent war in one of its articles. Earlier this year, Apple Inc. (NASDAQ:AAPL) sued Samsung for infringing on its patents for which the court awarded…
Author: Sean Campbell
Amazon.com, Inc. (NASDAQ:AMZN) is focusing on its lending operation big time it seems. Many people don’t know this as Amazon.com, Inc. (NASDAQ:AMZN) has never disclosed that it runs a lending operation for certain marketplace sellers on its website. Re/code recently came up with an article revealing that Amazon.com, Inc. (NASDAQ:AMZN) has got serious about its lending operation by hiring Visa’s North America Credit Card Head (now ex), Nick Talwar. It is surprising that Amazon.com, Inc. (NASDAQ:AMZN) has never disclosed about its lending business owing to the fact that it is a public company. According to the article, Amazon.com, Inc. (NASDAQ:AMZN)…
September has been a busy month for Apple Inc. (NASDAQ:AAPL) since the last decade. Though most rumors on the street are focused on the launch of the iPhone 6, some people are betting that Apple Inc. (NASDAQ:AAPL) is going launch its smartwatch, being referred to as iWatch, simultaneously at the media event that is being planned in September. Carl Quintanilla reported on the rumored iWatch getting unveiled on September 9 on CNBC, recently. “Apple Inc. (NASDAQ:AAPL) is supposed to launch its first wearable device on September 9 alongside its new iPhone. Re/code says the smartwatch is going to connect Apple…
Tesla Motors Inc (NASDAQ:TSLA) is hooked up to everything big it seems. After planning to build a massive factory, the ‘Gigafactory’, the company is now planning to put up a giant signage outside its Fremont factory. San Jose Mercury News revealed this information in one of its articles recently. Tesla Motors Inc (NASDAQ:TSLA) is planning to put up this massive signage in between its factory in Fremont and the Interstate Highway 880. The signage would be located outside Tesla Motors Inc (NASDAQ:TSLA)’s South Fremont compound and is expected to have a display area of 6,300 sq. feet. Tesla Motors Inc…
A few days ago Tesla Motors Inc (NASDAQ:TSLA)’s CEO, Elon Musk, declared in a post on the company’s blog that the 8 year infinite mile warranty has been extended to Model S’ Drive Unit. Ever since then the Street has been divided on whether this move is good or bad for Tesla Motors Inc (NASDAQ:TSLA). Musk had acknowledged that the extension of warranty will negatively impact the company’s earnings and analysts have taken note of that. Brad Erickson, Analyst at Pacific Crest, recently released a note in which he decreased his earnings forecast for Tesla Motors Inc (NASDAQ:TSLA), but continues…
Amazon.com, Inc. (NASDAQ:AMZN) & eBay Inc (NASDAQ:EBAY) are touted as the big successes of online retail, but have they been really successful in the last few years? Or is that the brick and mortar stores that opened their e-commerce arm have overtaken Amazon.com, Inc. (NASDAQ:AMZN) & eBay Inc (NASDAQ:EBAY) in growth? Michael Stiller, Tech analyst at Nasdaq Advisory Services, discussed investing in pure e-commerce companies like Amazon.com, Inc. (NASDAQ:AMZN) & eBay Inc (NASDAQ:EBAY) versus investing in Brick and Mortar retail companies having e-commerce arm on CNBC, recently. “[…] In the softline space things are being driven by two factors. In…
The Alibaba Group is expected to have its IPO in between mid to late September, but the company is yet to declare the terms and the price of the IPO. Investors are keenly waiting for the price at which Alibaba Groups sets its IPO, especially Yahoo! Inc. (NASDAQ:YHOO)’s shareholders, owing to the 25% stake that Yahoo! Inc. (NASDAQ:YHOO) holds in the Alibaba Group. There are expectations on the Street that the Alibaba Group IPO is going to be one of the largest, if not the largest, IPO in history of capital markets. Bob Pisani discussed the expectations from the IPO…
Spirit Airlines Incorporated (NASDAQ:SAVE) is one stock that accurately depicts a ‘dream run’. Since January 2013, Spirit Airlines Incorporated (NASDAQ:SAVE)’s stock has been on a constant uptrend, from the levels of $17 to current levels of $72, without experiencing any significant correction. Spirit Airlines is not only profitable, but does that while offering the cheapest airfares on some of the major routes within the U.S. Ben Baldanza, CEO of Spirit discussed what makes the company tick and its business model on Fox Business, recently. Spirit Airlines Incorporated (NASDAQ:SAVE) has faced heat from the media earlier because of the seats being…
The Alibaba Group announced its first-quarter earnings report today, which must make the investors of Yahoo! Inc. (NASDAQ:YHOO) really happy, owing to the large stake that Yahoo! Inc. (NASDAQ:YHOO) owns in the Alibaba Group. The Alibaba group’s revenues from its China commerce business increased 46% year on year to $2.15 billion, which forms a significant chunk of its total revenues of $2.54 billion in the first quarter, ended June. Cory Johnson discussed Alibaba’s revenues and its proposed deal with SnapChat on Bloomberg, recently. “Alibaba is a giant profitable free cash-flow creating business. We saw revenues grow on a year on year…
If there is one thing that has made Apple Inc. (NASDAQ:AAPL) the largest company by market capitalization, it is innovation. Apple Inc. (NASDAQ:AAPL) created products that either never existed before or picked existing them and made them so much better that nothing came close. No one can ever forget the contribution of Apple’s former CEO, Steve Jobs in making the company what it is today. Walter Isaacson, author of “The Innovators”, talked about the great visionary that Jobs was and about the innovation at Apple Inc. (NASDAQ:AAPL) after Jobs on CNBC earlier today. “I think that Steve Jobs, nobody could set…
Deere & Company (NYSE:DE) had earlier announced lay-off of about 600 of its workforce, which has since been increased to over 1,000. It’s not just Deere & Company (NYSE:DE), but almost all farm equipment manufacturers are witnessing a slump as agricultural growth slows down. While some companies are resorting to cost cutting in this phase, others are trying to battle it out by increasing their market share. Jane Wells reported on the slowing of sales expected by farm equipment manufacturers and Deere & Company (NYSE:DE)’s lay-offs on CNBC earlier today. “For American farmers balance sheets are good, but this year their…
Best Buy Co Inc (NYSE:BBY) declared its second quarter results today. The company managed to post a profit of $146 million even though sales declined by 3.2% year over year to $8.9 billion. Best Buy Co Inc (NYSE:BBY)’s CEO, Hubert Joly, spoke with Courtney Reagan about Best Buy Co Inc (NYSE:BBY)’s continuing sales decline, Courtney Reagan reported about her discusion with Joly on CNBC recently. “The number of trips to the store for a given purchase is going down. We see online be it web or mobile as the starting point of everything we do, it’s helping the overall business and customer…