Tags ‘Finance’

Wall Street dings Apple after some reported LTE connectivity issues on the new Watch

 There are a lot of reports hitting the ‘net this morning in reviews of the Apple Watch Series 3, which indicate that there are some LTE connectivity issues — causing Apple to take a small dip this morning and a speed bump in its march to $1 trillion. Shares of Apple fell around 2.5% this morning, which for Apple is a pretty substantial ding for the company despite the deceptively… Read More

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Matthew Lynley

September 20th

Apple

Gadgets

Mobile

Roku files for $100M IPO

 Roku has filed for an initial public offering and is looking to raise up to $100M. The company will be listed on the NASDAQ appropriately under the ticker of ROKU. We reported in July that Roku was planning an IPO in 2017. Roku has been able to capitalize on the cord-cutting trend, where many people, especially millennials, have opted not to pay for cable television. Instead, they are… Read More

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Matt Burns

September 1st

Gadgets

Apple Watch sales up over 50% since last year

 Apple Watch sales are up over 50% since last year, according to Apple CEO Tim Cook. He mentioned this when discussing Apple’s strong third quarter results on the investor call Tuesday. Overall, Apple beat analyst expectations with $1.67 per share, versus the anticipated $1.57 per share. Revenue was $45.4 billion, when Wall Street forecast $44.89 billion. Shares were quickly up 5% in… Read More

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Katie Roof

August 1st

Apple

Gadgets

Meal ingredient delivery service Blue Apron is the next big consumer IPO

 Amidst an array of enterprise companies that have jumped on the IPO bandwagon following Snap’s successful IPO (aside from its more recent whiff of an earnings report), Blue Apron appears to be the next major consumer IPO. That’s important, because it continues the tone that both enterprise and consumer companies see an opportunity to go public. Read More

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Matthew Lynley

June 1st

Gadgets

Mobile

Apple hits a speed bump in Q2 after its stock soared in the past year

 Apple hit a little snag in the second quarter, falling slightly under what Wall Street expected in its earnings report — causing a slight drop after its stock has jumped massively in the past year. The company reported earnings of $2.10 per share on revenue of $52.9 billion. Wall street was looking for earnings of $2.02 per share on revenue of around $53 billion. It also sold 50.8… Read More

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Matthew Lynley

May 2nd

Apple

Gadgets

Mobile

Apple hits a speed bump in Q2 after its stock soared in the past year

 Apple hit a little snag in the second quarter, falling slightly under what Wall Street expected in its earnings report — causing a slight drop after its stock has jumped massively in the past year. The company reported earnings of $2.10 per share on revenue of $52.9 billion. Wall street was looking for earnings of $2.02 per share on revenue of around $53 billion. It also sold 50.8… Read More

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Matthew Lynley

May 2nd

Apple

Gadgets

Mobile

Apple stops paying royalties to Qualcomm

 It’s no secret, Apple and Qualcomm have been fighting relentlessly for a few months over royalty payments. Apple told Qualcomm that it would stop paying the disputed licensing fees. Qualcomm confirmed the agressive move and said that its revenue and profits would be lower than expected. Apple said that it is waiting for a court decision to resume payments. Of course, the company expects… Read More

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Romain Dillet

April 28th

Apple

Gadgets

Wells Fargo lets you use Apple Pay and Android Pay to withdraw money

 Wells Fargo just announced that you’ll be able to use your phone or smartwatch to withdraw money from 13,000 ATMs in the U.S. As spotted by MacRumors, the bank says that it will support Apple Pay, Android Pay and Samsung Pay. 5,000 ATMs should already support those NFC payment systems, others will follow suit. TechCrunch first reported that Bank of America and Wells Fargo were both… Read More

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Romain Dillet

March 27th

Gadgets

Nikon restructuring causes casualties to bottom line, camera line, and production line

pic_160223_01_02 Nikon’s plan to restructure in the face of challenges to the digital imaging space has proven more costly than expected in more ways than one. A rough quarter means the company will not only miss profit expectations, but will have to buy out a thousand employees and end its DL line of compact cameras. Read More

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Devin Coldewey

February 13th

Gadgets

Nikon restructuring causes casualties to bottom line, camera line, and production line

pic_160223_01_02 Nikon’s plan to restructure in the face of challenges to the digital imaging space has proven more costly than expected in more ways than one. A rough quarter means the company will not only miss profit expectations, but will have to buy out a thousand employees and end its DL line of compact cameras. Read More

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Photo

Devin Coldewey

February 13th

Gadgets
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September 2017
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