Apple Has Worst Day In 18 Months
Apple saw its shares fall 4.2%to $125 on Wednesday, the worst drop the company has seen since January 2014. Apple missed analyst expectations with its third quarter iPhone sales, gave a weak revenue forecast, and remained cagey about Apple Watch sales.
Apple Still Won’t Say How Many Watches it Sold
Some investors view Apple's secrecy surrounding their Apple Watch sales numbers as a red flag for the company’s newest product category.
Gene Munster on the Apple Watch, Earnings Outlook
Gene Munster explains why he is eyeing iPhone unit numbers.
iPhone Profits Shatter Smartphone Competition
In a testament to Apple’s brand strength, a report by Canaccord Genuity estimates that the company took home 92% of the operating profits in the global smartphone market during the first quarter.
Is Microsoft Giving Up on Smartphones?
As Apple continues to grow its market share of the smartphone industry, others including Blackberry and Samsung are declining. And on Wednesday, Microsoft announced that it is cutting 7,800 positions, mostly from their phone business.
Apple’s Siri and Amazon’s Alexa Tackle 10 Questions
Siri, the virtual assistant introduced on iPhones is a voice-activated search engine. She’s also known for her snark. Alexa, the name given to Amazon’s new Echo device has been nicknamed “Siri in a box” for their similarities.
New Cyber Hacks for Mobile Apps Discovered
IBM security researchers said they discovered a way to exploit an Android flaw that puts more than 55% of Android phones at risk of being taken over and remotely controlled by cyber hackers. The IBM discovery comes after FireEye warned hackers have launched a new way to break into Apple and Google mobile devices.
Will Stock Market Swings Impact Startup Valuations?
Stocks traded mostly lower on Friday after two days of record gains, capping off one of the most volatile weeks in stock market history. Late-stage startups, like Uber and Snapchat, which are valued based on their predicted values as public companies, could also be impacted by this turmoil.
Sculley: Apple Will ‘Reinvent Television’
Former Apple CEO John Sculley predicted that Apple will “reinvent television,” in an interview with FOXBusiness.com. He also voiced optimism about Apple Pay and explained why he does not wear an Apple Watch.
Sculley's Obi Unveils New Smartphones
Obi Worldphone announced two smartphones on Wednesday, targeting fast growing markets in Asia, Africa and the Middle East. Former Apple CEO John Sculley co-founded Obi Worldphone and told FOXBusiness.com that he sees opportunity in the competitive smartphone landscape
Apple Turns Red for the Year
Apple saw its shares turn red for the year on Friday, dropping 4% in intraday trading to around $108.
Samsung Unveils Two New Smartphones
Samsung Electronics unveiled two new smartphones in New York on Thursday: the Galaxy S6 Edge+ and the Galaxy Note5. These Android devices will retail in the U.S. on August 21.
Apple May Kill Voicemail As We Know It
Apple is working on a service that will use Siri to transcribe voicemails, according to a report from Business Insider. Launching in 2016, the feature will use iCloud to send the text of voice messages to recipients, meaning users will no longer need to listen to the audio recording.
Fans Line Up for Apple's New iPhone
Fans of Apple's latest iPhone 6S lined up in the early morning hours outside of the tech giant's flagship New York City store to get their hands on the new device.
Apps Will Rock the TV Experience
Apps have profoundly changed the way we use every device with a screen, and TVs will be no exception.
Apple CEO: The Future of TV is Apps
Apple had its big debut Wednesday. And, in case you missed it, it is hoping to transform the way you watch TV with its new Apple TV.
Can an App Help Prevent Heart Attacks?
Does today’s health craze actually improve anyone’s health or just make us more neurotic about it?
Time to Buy an Apple Watch?
Apple Watch is expected to be a hot gift this holiday season, but that doesn’t mean it’s a smart idea – you may end up with buyer’s remorse.
Time to Join the Bull Camp?
The past month has been as choppy as I’ve seen in a while, and I’ve been neutral on the market. But Friday’s action was encouraging and moves me slightly towards the bull camp.
Brace for More Wall Street Jitters
Well, until this week we were staying long because the trend was up. And now? Not so much.