Nokia stock is falling on news that the company will not pay its hefty dividend. Nokia was paying a dividend that yielded about 4%. Despite the elimination of a stream of cash to shareholders, the dividend cut is good for Nokia because its cash stood only at 4.36 billion euros at
It is a sign of the times. Call it a tale of two stocks after earnings. Both Apple (AAPL) and Netflix (NFLX) reported earnings after the close. It is said that a picture is worth 1,000 words. The chart tells the story better than any words can describe. There is a mind boggling 43%
Gadget aficionados, get used to the name ‘Youm.’ Youm is the name of a new technology developed by Samsung that incorporats organic light emitting diode (OLED) displays. This technology produces displays that are flexible and bendable. Samsung claims that the displays will be nearly unbreakable. At the Consumer Electronics Show
China Mobile, the he largest phone carrier in the world with about 700 million subscriber, is the next big prize for Apple. At present, China Mobile does not carry the iPhone. It is not a surprise that Apple CEO Tim Cook paid a visit to China Mobile, but a statement from
Now there is proof positive that Nokia is turning around what had been a business that woefully trailed in smart phones. The company reports that it has sold 4.4 million Lumia smart phones in the fourth quarter. Nokia disclosed sales numbers as it pre-announced fourth quarter 2012 results. Here are the highlights:
The brilliance of Steve Jobs at Apple (AAPL) has been embodied in a carefully cultivated image for Apple products. Jobs created elegant products that appear to be meant for the elite but were sold to the masses. When the masses bought Apple products, they felt good because they were buying what the rich were
In response to my column yesterday,Consumer Reports Is No Fan Of iPhone 5, I received a large number of comments. Two contentions in these communications are worth addressing. A large number of readers contend that Consumer Reports is biased against Apple. Some also contend that Steve Jobs rubbed Consumer Reports the wrong way. I know nothing about
Over the last several months, I have been arguing the case that the long-term risks in Apple stock are rising. I have advanced two main arguments. First, competitors have caught up with Apple for all practical purposes. Second, Apple is failing to innovate at the rate it was innovating in the past.
The piece I recently wrote, Tizen Rising, Ready To Challenge Apple And Google In 2013, outlined the threat posed by a new giant ready to attack Apple’s and Google Android’s dominance of the smart phone market. Now the news is that Tizen is gaining steam faster than expected. According to CNET, Samsung has confirmed
Not too far into the future, it may become commonplace for people to run common functions in their homes using their smart phones. The functions may include lights, security systems, thermostats, appliances and entertainment devices. Would you want Apple, Microsoft, or Google to run your home? All three companies see this as a big