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Thunder in Cupertino Makes It Rain on Wall Street March 10, 2010
Apple has announced the iPad will hit retail shelves April 3, sending the adrenalin surging through competitors' veins. HP and several Chinese manufacturers have announced tablets in what might be perceived as an attempt to capitalize on the not-quite-a-laptop, not-really-a-netbook category.
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Of the China Market, Cheaper New iPhones and the iPad March 03, 2010
Apple's share prices have begun climbing back since Feb. 23, closing Tuesday at $208.85. It's not yet quite clear why -- it could be the imminent shipping of the iPod or the shareholders' meeting Feb. 25, among other things. Still, investors should take what they can get. They'll have to -- Cupertino isn't about to fork over any dividends soon.
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Will Verizon's Marketing Juice Grease Palm? February 26, 2010
Palm's warning Thursday that revenues for fiscal year 2010 will be "well below" its forecast of $1.6 billion to $1.8 billion has raised questions regarding its ability to survive as an independent company. The company's stocks closed at $6.53 Thursday, $1.56 down from the previous day's close of $8.09.
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Apple: Stock in the Clouds, One Toe Still in the Gutter February 24, 2010
Apple stock closed at $197.05 Tuesday, down $3.37 after a five-day rally that saw it hit $203.08 Friday. However, that slide was part of an overall market phenomenon. On Tuesday, the Dow Jones Industrial Average shed 100 points and the NASDAQ composite index lost about 29 points as consumer confidence took a tumble.
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Rivals Rendezvous in Europe to Plot Against Apple February 17, 2010
Apple's rivals have launched a flurry of broadsides against the iTunes App Store at the Mobile World Congress in Barcelona this week. Twenty-four wireless carriers around the world, supported by major smartphone manufacturers, teamed up to build an open app platform through their new organization, the Wholesale Applications Community.
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Web Data Services in the Real World February 14, 2010
Today, we examine a fascinating use-case for Web data services with Deutsche Borse Group in Frankfurt, Germany. An innovative information service recently created there highlights how real-time content and data assembled from various online sources scattered across the Web provides a valuable analysis service.
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iPad Gives the Market a Lot to Mull February 10, 2010
Apple shares picked up a little over $2 on Tuesday, hitting $196.19 at market close. It was one of many incremental ups and downs AAPL's seen since shares peaked just before the unveiling of the iPad Jan. 27. The general direction since then, however, has been a slight downward droop. That perhaps reflects the uncertainty in the market caused by the iPad's launch and events in its wake.
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The E-Book Empire Strikes February 05, 2010
Apple held most of the music industry virtually at knifepoint for years, and that wasn't necessarily a bad thing, especially if you were a consumer who wanted a legal way to get popular music at a fairly reasonable price. It was only about a year ago that iTunes let go of its dollar-store policy and allowed for a little leeway in its pricing.
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AOL Back in Black February 03, 2010
In its first earnings report as an independent company, AOL posted a small profit for Q4. It recorded net income of $1.4 million, or 1 cent per share, for the quarter. In the same period a year ago, it lost $1.93 billion, due to a $2.2 billion noncash impairment charge. Revenue declined 17 percent to $809.7 million.
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A Wild, Wild Week for Apple February 03, 2010
Apple hosted another new product circus last week, and as usual, some investors sat with itchy trigger fingers on the "buy" and "sell" buttons. When CEO Steve Jobs unveiled the iPad Jan. 27, Cupertino's share prices shot up to $207.88, up $1.94, or less than one percent, from the previous day's close of $205.94. Apple's prices have been sliding since, closing on Monday at $194.73.
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Windows 7 Launch Sends Microsoft Profits Skyward January 29, 2010
PC users purchased record numbers of Windows licenses in the last three months of 2009, driving big gains for Microsoft over the company's second fiscal quarter, the first quarter in which the company's Windows 7 OS was on retail shelves. For its quarter ended Dec. 31, Microsoft reported net income of $6.66 billion, or 74 cents per share, from $4.17 billion, or 47 cents a share, a year ago.
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Holiday Megasales Propel Amazon's Q4 January 29, 2010
Amazon.com's fourth-quarter earnings skyrocketed 71 percent, as shoppers spent more than ever during a holiday season that improved over the previous year for retailers on and off the Web. Despite the sluggish economy, Amazon did well throughout the year, drawing shoppers with its Kindle e-reader and deals on an immense selection of goods ranging from alarm clocks to stuffed zebras.
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Wii Price Cut Nicks Away at Nintendo's Profit January 28, 2010
Nintendo, maker of the hit Wii game console, said profit for April through December fell 9 percent after price cuts and the rising yen tarnished strong holiday sales. Nintendo reported Thursday a $2.1 billion profit for the nine months through Dec. 31, down from $2.4 billion a year earlier. Sales retreated 23 percent to $13.1 billion.
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Yahoo Eyes Turnaround in the Making January 27, 2010
After a painful descent, things may finally be looking up for long-suffering Yahoo. Coming off its best quarterly performance since hiring Carol Bartz as its chief executive a year ago, Yahoo promised late Tuesday to deliver even more meaningful progress this year. For starters, the Internet company expects its revenue for the three months ending in March to rise 3 percent to $1.63 billion.
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Will Apple Keep Running With the Bulls? January 27, 2010
Analysts were generally impressed Monday after Apple announced record revenues and profits for the first quarter of its fiscal year 2010, and they continue to be revved up in anticipation of the announcements Cupertino has planned for Wednesday, although no one is exactly certain just what that dog-and-pony show will entail.
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It's Tablet Day Minus One, and Apple's on a Roll January 26, 2010
Apple registered a 50 percent jump in profit in Q1 2010, compared with the same period a year ago. The company posted revenue of $15.68 billion and a net quarterly profit of $3.38 billion, or $3.67 per diluted share, compared with revenue of $11.88 billion and net quarterly profit of $2.26 billion, or $2.50 per diluted share, in the year-ago quarter.
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