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Apple Inc. ’s 2Q 16 quarter earnings report was not good. iPhone sales not only declined year-over-year for the first time, but the management also issued a shocking guidance for the next quarter, suggesting another difficult quarter for the iPhone sales. Management – on the 2Q16 earnings call – blamed demand for the iPhone 6 and…
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Apple Inc. recently reported results that indicated that its 13-year run of consecutive revenue increases, disappointing even its most astute shareholders. Its woes are still not far from over. The company has been banned from selling refurbished iPads and iPhones in India, which its CEO Tim Cook recently said would be its newest growth frontier….
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Walt Disney Co , being a media firm like Time Warner, is likely to get bogged down by the challenges that are affecting the TV industry as a whole. As the former heads toward releasing its Q2 2016 earnings report after the market closes on Tuesday, it appears that the business performance will be quite…
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Apple Inc. CEO – Tim Cook – in a recent interview said his company – in comparison to other firms – had an incredible quarter. Also, Cook said when it comes to Apple’s recent financial performance, the investors are missing the big picture. Apple is much better than others In an interview with CNBC’s Jim…
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Tesla Motors Inc has gained plenty of notoriety in Australia, but now a Chinese firm will be competing with the US EV maker in the Land Down Under. BYD (Build Your Dream), which has emerged as the world’s largest maker of EVs, is launching its first electric car in Australia. Since the release of the Model S, this is…
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Samsung Electronics Co Ltd (OTCMKTS:SSNLF) appears to be facing fierce threats on many fronts. The Korean giant needs to step up its game to avoid meeting the same fate as HTC, or worse, BlackBerry. Samsung Electronics Co Ltd and many of its group firms were present at the Citi Korea Investor Conference that was held last…
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Microsoft Corporation maybe one of the world’s largest software companies, but it has failed to crack Sony Corporation’s dominance in the gaming industry. But Microsoft wants to change all that and consequently be crowned the undisputed gaming industry giant. The company recently acquired Xamarin, a mobile apps developer, an acquisition most pundits agree is meant…
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If you are in the process of constructing a well-diversified investment portfolio with the aim to generate long-term investment returns, it will be only natural to look beyond your country’s borders, with the intention to invest in foreign currency denominated securities.
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Alibaba Group Holding Ltd is holding talks with banks to explore the possibility of unlocking up to $4 billion in loans to finance its expansion program, including buyouts, unnamed sources told Wall Street Journal. Alibaba wants to boost its cash pile after it forked out billions of dollars in buyouts and investments in the recent…
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Though the year 2015 will certainly go down in market history as a rather lackluster one in terms of broad equity performance, chic Internet-related stocks had a rather stellar one, bringing back, to an extent, memories of the technology panic buying binge of the late 90s. For those of you that don’t watch CNBC, or…
