Nokia (NYSE:NOK) posted a quarterly loss of $521 million in, which is the first quarterly loss in 1 1/2 years. The loss comes as handset sales slump following a partnership with Microsoft. Despite the quarterly loss at Nokia, the stock price popped yesterday to close at 5.79, up +0.23 (4.14%). According to a Nokia rep who responded to […]
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In the earnings report call today that sent Apple’s stock price over $400, Apple CFO Peter Oppenheimer lifted up the curtain a bit allowing the world to see into Apple’s pipeline. In the call, Oppenheimer said that Apple is “very focused and excited about bringing iOS 5 and iCloud to users this fall.” He then […]
Apple’s shares (NASDAQ:AAPL) broke $400 this morning for the first time ever, releasing investors into a frenzy on Wall Street. Apple’s earnings were released today and once again, the Cuppertino company has Wall Street in a frenzy over the likes of the iPhone and iPad domination. Apple CEO Steve Jobs said today, “we’re thrilled to […]
NASDAQ:AAPL – Apple Closed At All Time High on Friday at 364.92 on news of a whole lineup of new products in the pipeline. Apple shares (NASDAQ:AAPL) closed on Friday at all time high at $364.92, which was up $7.15 on the day’s trading. It’s going to be interesting to see where Apple shares open […]
Google’s value just increased by $20 billion because of Google+, Google’s initiative to enter the social media marketspace. This means investors, although always measuring Google in regards to the search advertising revenue, see Google+ as adding a massive amount of value to the company. On June 27, the day before Google announced Google+, the stock […]
According to a stock analyst reporting to investors on Sunday, Apple will begin production of the next iPhone – the iPhone 5 – in late August. This coming from a note from analyst Katy Huberty to investors yesterday (Sunday), according to Forbes.com. “We believe the share price will rise in absolute terms over the next […]
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Sirius XM (NASDAQ:SIRI) Sets New Highs
In Wednesday’s trading, Sirius XM Radio (NASDAQ:SIRI) has set a new high of $2.12 per share. This on the news that Sirius was able to surpass stock analysts estimates by a factor of 40%. Revenue increased at Sirius XM by 9% over the previous year. Subscribers also continue to increase on Sirius XM, mostly due […]