Philip Chua Business Blog

Posts Tagged ‘Apple’

Verizon said it is facing a slower-than-expected economic recovery and plans to cut 6 percent of its workforce, adding that it forecasts only a modest rebound in late 2010.

Verizon Communications – Verizon – Business – Apple – VZ

EVEN as global equity markets hit new highs for the year last week, there was a renewed vigour in the debate over whether the seven-month-old rally can be sustained.
The advance in share prices was due to a slew of forecast-beating reports from US multinational giants such as Microsoft and Apple Computer.
This had raised hopes that the United States, the world’s No.1 economy, is slowly back up on … more

BUMPER profit numbers from Apple sent regional stock markets rolling yesterday, although the local bourse lost its enthusiasm half way through the day.
The Straits Times Index was up by 17 points at one stage, but traders took advantage of the higher prices to cash in.
The sell-off sent the STI easing back to close virtually unchanged, 0.61 points lower at 2,711.09, while other regional bourses we… more

Reuters – The U.S. Federal Trade Commission said it will continue to investigate the relationship between the boards of Apple Inc and Google Inc, after Google’s chief quit Apple’s board on Monday.

Reuters – The Federal Communications Commission is seeking additional information about Apple Inc’s decision to reject Google Inc’s voice application for the iPhone.

Reuters – Apple Inc’s quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, boosting its shares 4 percent on Tuesday.

Reuters – Expectations are high for Apple Inc’s quarterly results on Tuesday, in the wake of strong early sales for its new iPhone and improved sentiment on the personal computer market after Intel Corp’s earnings.

Microsoft Corp.’s chief operating officer says the software maker is planning to open retail stores “right next door to Apple” in the fall.