Apple unveils updated iPhone, stock slips
Apple shares slipped on Wall Street on Tuesday as the California gadget-maker unveiled an updated version of the iPhone but not a transformative new model many had been expecting.
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RIM shares rise on Icahn stake speculation
Shares of BlackBerry maker Research in Motion Ltd. surged Tuesday amid speculation that billionaire investor Carl Icahn has taken a stake in the company.
Apple stock falls on report of iPad supply slowdown
(Reuters) – Apple Inc shares slipped on Monday following an analyst report that said the company was cutting orders from suppliers of parts for its iPad tablet.
Phone rivalry drives down RIM earnings
BlackBerry maker Research In Motion reported a sharp drop in net income and revenue on Thursday and said it sold far fewer tablet computers than it expected. Shares plummeted more than 19 percent as the …
Asia shares rise on value buys; havens may still be attractive
SINGAPORE (Reuters) – Asian stocks edged up on Friday, as investors chased value picks after recent sharp volatility, though concerns over the European crisis may continue to fuel buying into safe havens like gold and government bonds.
Amazon flies high, may rise 25 percent more: Barron’s
NEW YORK (Reuters) – Amazon.com Inc shares, just below their all-time high, could rise 10 percent to 25 percent if its capital spending translates to fast growth in its retailing, Kindle e-readers and cloud-computing businesses, Barron’s said in its August … Continue reading
Nintendo product flop crushes shares, outlook crumbles
TOKYO (Reuters) – Nintendo’s shocking profit battered its shares as much as 20 percent, underscoring deep challenges for an iconic brand struggling to win back users flocking to other gadgets.
Apple shares touch $400 mark for first time
Shares of Apple Inc. briefly touched the $400 mark for the first time during regular trading Monday, nearly a week after the company reported record earnings and revenue on the popularity of its iPhone and iPad.