Hon Hai Precision Industry Co Ltd., known to the stock trading world as Foxconn, is the main assembler of Apple products including iPhones and iPads. The Taiwanese company reported operating results for the first quarter of 2013 Wednesday, suggesting some softness in results may be in store when Apple reports quarterly results on
Ever since Apple announced that it would offer a streaming music service, there has not been much doubt that Apple would attempt to beat Internet radio heavyweight, Pandora. The thinking is that Apple will squeeze music labels to get better terms than Pandora. Such a scenario is certainly better for Apple, but
It does not yet seem to be well understood, but Facebook has just launched a bazooka against Google, Apple, Microsoft, and BlackBerry. Present-day phones are built around apps. Mark Zuckerberg, CEO of Facebook, asked the right question, “Should the phones be designed around people and not apps?” His answer was apparently that people are more important
Here is an excerpt from a post on ZYX Buy Change Alert What To Do Now? Those in FB short-term position may continue to hold. If holding full size consider raising the stop on one half to the zone of $26.18 to $26.23. Those holding FB as a medium-term position may consider
Yesterday, Apple CEO Tim Cook, in a fireside chat, tried to convince the world that Apple is still the center of innovation in the technology world. Cook said that about one quarter of Apple employees were working on new products. There were no specifics but presumably new products include iTV. While Cook was
There is a lot more to Tuesday’s introduction of a new version of iPad with 128GB memory by Apple. The uninitiated simply dismissed the introduction of 128GB as nothing more than the evolutionary process of Apple adding more memory. Such commentators are myopic and are looking only at the consumer market
Apple this morning announced a new 128 GB fourth generation iPad. The new 128 GB version is priced at $929 for WiFi plus cellular and $799 for only Wi-Fi model. “With more than 120 million iPads sold, it’s clear that customers around the world love their iPads, and everyday they
Apple is waking up to the harsh realities of the world. Perhaps the fall in stock price has helped. There is simply more competition and Apple has to adjust to it. In a major move, Apple is offering some popular songs for just 29 cents on iTunes. This represents a 70%
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
As some investors face jitters about how low Apple (AAPL) stock can go, astute investors have been enjoying handsome profits in Apple competitors Nokia (NOK) and Research In Motion (RIMM). Since August, Nokia stock has beaten Apple stock by 182%; Research In Motion stock has beaten Apple by 98%. The chart tells the story. Yesterday