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Apple Inc. gets more than 60 percent of its revenue from the iPhone, and it has built one of the largest businesses of modern times on the back of the device. The wheels are, if Wall Street research houses are to be believed, about to come off that particular cart. Apple stock has suffered as…
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Microsoft Corporation stock could gain as much as 30 percent in the coming year and a half according to a new report on the firm’s prospects. Barron’s published its outlook for the firm over the weekend and said that the cloud business would likely buoy a massive jump in the value of the firm. Chris…
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Alphabet Inc ’s former communications head, Rachel Whetstone, who joined Uber recently, appears to have hired one more of Internet firms employee – Niki Christoff, says a report from BI. Last week, there were reports that more than a dozen employees on Uber’s communications and policy team have been laid off by Whetstone. Losing talent…
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Tesla Motors Inc is known for offering high performance cars that run entirely on electricity, but the firm may have just added a new feather to its cap. Right now it seems that some Model S owners have been given Launch Model in a new update. Nobody’s quite sure how to get the thing working, but…
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Apple Inc. follower Horace Dediu expects watch shipments to hit 21m units in its first full year of sales, and this will generate revenue worth $8.4bn for the firm. Dediu told this while speaking at the first-ever Glance conference. Growing popular for various reasons Philip Elmer-DeWitt of Fortune, who attended the event as a reporter and…
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GoPro Inc stock was flying on Thursday morning after the firm revealed its drone to the public for the first time. The long-awaited Unmanned Aerial Vehicle, or UAV, is set to be called the Karma, and it’s going to be released some time next year. At time of writing GoPro stock was selling for $18.72, up…
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Tesla Motors Inc and Google Auto (the self-driving LLC segment of Alphabet Inc) have made it clear that they want to take different routes to building the self driving cars of the future. Tesla Motors believes that gradual improvements in driver-assist systems today would help the systems evolve into full self-driving cars in the future….
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Apple Inc. currently has a strong lead in the wearable tech segment as its Apple Watch continues to appeal to a wide variety of users. When the Apple Watch first launched, there were fears that the device would end up being a niche product for fitness nuts and die-hard Apple fans. The widespread appeal of…
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Apple Inc. is, if analysts like Brian White are to be believed, in the midst of a dramatic transformation. The firm is trying to change itself from a simple hardware maker into one of the world’s biggest services companies. If you looked at the firm’s progress in 2015 there was some hint of this, but…
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GoPro Inc shares have tumbled over 5% in Friday pre-market to trade around the $18-mark. The key trigger for today’s fall was negative analyst action at Robert W. Baird. Analyst William Power downgraded GoPro stock to “neutral” from “outperform” citing rising concerns over the lack of sales growth. Power also cut his target price to…
