(GOOG) was scheduled to release earnings after the market close. Inadvertently, earnings were released at 12:39 PM by its agent RR Donnelley (RRD). Google stock fell about 9% before it was halted. Both revenues and earnings were below consensus. To make matters worse, whisper numbers were higher than consensus. In
Cloud computing is hot. Even lay consumers who hadn’t heard of it only a year ago, not only know about cloud, but now they use it every day. If you are an Apple AAPL iPhone user, you are probably using iCloud. If you are a Google GOOG Android user and using
FreedomPop is a new start-up that plans to challenge AT&T (T) and Verizon (VZ) by providing free mobile data–500 MB per month. Both AT&T and Verizon have huge margins on mobile data because of the lack of competition. AT&T and Verizon use these big margins to subsidize Apple‘s iPhone, Google‘s Android and other devices. The big carriers provide
When reports first surfaced of problems with Apple Maps, Apple bulls were sure and loud that it was only a small problem and would be fixed soon. By not issuing any real statement, Apple gave the impression that the problem was indeed going to be short-lived. Finally there is a real statement
iPhone 5 has been the biggest launch of a consumer product ever. Apple (AAPL) stock has been a monster. On the other hand, its main competitor Google (GOOG) until recently languished. Going into iPhone 5 launch, nobody could have predicted that Google would defeat Apple where it counts. From an investment perspective, what counts
On Monday Thorsten Heins, CEO of Research In Motion, rallied support at a conference for the upcoming BlackBerry 10. After cutting past the bravado that Heins put up perhaps for a show, it is clear that RIM is conceding the top two spots in mobile to Apple and Google‘s Android. Heins’ realism is progress
It is no secret that Apple Maps in iOS 6 has problems. These problems are likely more serious than generally believed. There are several reports out that Apple is using recruiters to lure engineers who have worked on Google (GOOG) Maps. Considering that Apple has already introduced iOS 6 with great fanfare and according to Apple
Apple (AAPL) became the most valuable company in the world, in part due to the meticulousness and perfectionism of the late Steve Jobs. Jobs earned the trust of millions of users that Apple products not only work out of the box, they work well. Steve Jobs was well known for being extraordinarily
From an investment perspective, here are the good, the bad and the ugly of Wednesday’s iPhone 5 launch. The good Apple CEO Tim Cook said that the iPhone 5 is the most beautiful product that Apple (AAPL) has ever launched. The iPhone 5 is said to be finely crafted, like
Facebook CEO Mark Zuckerberg, hit the ball out of the park in his first interview since Facebook’s initial public offering (IPO). Since the IPO, Facebook has lost about half of its value. The consensus among most analysts has been that mobile strategy is Facebook’s Achilles’ heel. If Zuckerberg is to be believed,