Apple Inc. (NASDAQ:AAPL) will likely soar after it launches iPhone 6 in the next few weeks, according to Steven Milunovich, managing director at UBS, who talked on CNBC’s “Squawk Alley”. The stock recently breached the $100 a share mark and touched a new high of about $102 today as investors continue to bet positively on the stock, especially in anticipation of the iPhone 6 release. The company is expected to launch the refreshed iPhone line on September 9, and it will be available in the stores about a week and a half later. Milunovich tied the excitement in Apple Inc.…
Author: Jessica Swanson
Google Inc (NASDAQ:GOOG)’s heavy investment in robotics and even artificial intelligence came under the spotlight at Bloomberg on “Bloomberg West” and discussing the issue were John Leonard, who is a professor of mechanical engineering and MIT Roboticist and Matt Zeiler, who is the CEO of Clarifai. Google Inc (NASDAQ:GOOG), which is up more than 34% over the past one year, appears to have great interest in robotics and cars, and it seems as though the whole issue is far beyond chasing advertisement dollars, but generating machine revenue in addition to the ads. “Google was doing this because driving is just…
After Apple Inc. (NASDAQ:AAPL)’s surge to over $100 a share for the first time since a recent stock split, the stock has been the focus by many investors and analysts. Tom Giles talked on Bloomberg’s “In The Loop” and focused on Apple and how the company has remained strong and even grown bigger after the death of co-founder Steve Jobs. Giles stated that there were widespread concerns about the direction Apple Inc. (NASDAQ:AAPL) would take after Jobs. However, he said that the current CEO, Tim Cook, has not only fitted perfectly into Job’s shoes, but is also taking the company…
Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL), two tech giants, after conquering their main markets, now aim to take control over cars on the roads. CNBC in an article reported about both companies’ latest moves in the auto market. Google Inc (NASDAQ:GOOGL) and Apple Inc. (NASDAQ:AAPL) are known to battle for the control of the smartphone and tablet markets. They are not only offering devices in the markets, but also software, and it is the software aspect of the business that they can be seen trying to bring to more devices beyond smartphones and tablets and the next battlefield for the two tech…
Microsoft Corporation (NASDAQ:MSFT), whose share price is up 20% this year and was trending up around 0.25% in the morning session, is a company that has been trying to project itself in recent times as a business with greater energy and a clearer focus under the CEO, Satya Nadella. The same cannot exactly be said of Apple Inc. (NASDAQ:AAPL), which remains the target of new and old players in the smartphone business. Re/code in an article has presented the latest plays in the smartphone segment that are to be expected from Apple and Microsoft. The widespread adoption of smartphones and their…
Apple Inc. (NASDAQ:AAPL) is increasingly coming under labor spotlight ahead of the launch of its fresh version of smartphone, iPhone 6. The launch is expected early next month. The share price of Apple stock has been on the rise, up more than 0.91% in the early morning session today, as investors keep betting on the prospects of the iPhone 6. The device is expected to boost Apple’s revenue, besides supporting its penetration of markets such as China. However, a recent labor report by fairlabor.org brought to the fore some flaws that Apple may not be very comfortable with, especially as…
Tesla Motors Inc. (NASDAQ:TSLA) has been on a tear compared to other stocks in the auto industry, already up by 73% for the year and nearing its all-time high. The surge in the market has been attributed to increased orders of the much-reviewed electric vehicle and the anticipation of the construction of the Gigafactory. CNBC’s Mandy Drury, on the other hand, seems to be of the opinion that the stock has maintained its upward rally because the company’s CEO, Elon Musk, owns 23% of the company’s stock enough to suppress any form of movement made by Short traders. Drury advises on using…
Apple Inc. (NASDAQ:AAPL), the company behind the iPhone devices and whose shares are up more than 22% this year, may be in for a serious challenge in China as partner China Mobile moves to slash subsidies on smartphones. The same move may also impact Samsung Electronics, whose devices are also doing well in China because of carrier subsidies. On Bloomberg, David Ingles discussed the development on “On The Move Asia” and its possible impact on the Chinese carriers. Apple Inc. (NASDAQ:AAPL) is in an iPhone offering deal with China Mobile, the world’s largest carrier whose subscribers are said to be…
AT&T Inc. (NYSE:T) has instituted a promotion strategy aimed at reducing inventory levels for the current iPhones as Apple Inc. (NASDAQ:AAPL) prepares to launch its new line of products. If a user walks into an AT&T store, planning to purchase an iPhone on an installment plan, he or she will be entitled to a $200 discount on an iPad with a two-year service contract; if they decide to pay the full amount according to, Trish Regan, on Bloomberg. Phone carriers have in the past been offering big discounts on tablets as well as smartphones, especially when the launch of a…
Apple Inc. (NASDAQ:AAPL), which traded up 1.16% in mid-afternoon, but is up more than 21% this year, appears to perform better in workforce diversity than most of its Silicon Valley peers Google Inc (NASDAQ:GOOGL) or Facebook Inc (NASDAQ:FB), for instance. Clayton Banks, the co-founder of Silicon Harlem, was on Yahoo! Finance and disused the workforce diversity issues in the Silicon Valley. According to the workplace details released by Apple Inc. (NASDAQ:AAPL), the company said it has 80% of its employees in the U.S. as white, 12% are African-American or Asian, while 16% are Hispanic. Overall, Apple’s workforce is 55% white and 15%…
Palo Alto Networks Inc. (NYSE:PANW) impressive run in the market continues, with its stock already up by 5.25% in Intraday trading session. The impressive run has already caught the attention of CNBC’s ‘Mad Money’ hos, Jim Cramer, who continues to remain bullish on the company’s prospects. Palo Alto specializes in offering network security products normally used by enterprises, service providers, as well as government agencies for protection against virus malware and other cyber threats. Palo Alto Networks Inc. (NYSE:PANW) according to Cramer is set to grow even further, especially in North America where only 5% of the companies have adjusted to meet the…
Intel Corporation (NASDAQ:INTC)’s shares have had a nice run as they are up almost 28% this year and up 48% over the past one year. Those gains have been achieved on the company’s consistent update about its progress in mobile chips, an area that it is still considered an underdog given its late entry. However, the company recently revealed what may as well be its newest and best processor technology and manufacturing process. In a post on its website’s Newsroom, Intel Corporation (NASDAQ:INTC) disclosed its newest microarchitecture based on its industry-leading 14nm manufacturing process. It said the processor technology and…