Nokia’s new Microsoft smartphone: Today will be remembered as the day that Nokia (NYSE: NOK) began an historic turnaround, or when it lost its bet on new smartphones that run the Microsoft…
Amazon.com’s (NASDAQ: AMZN) Jeff Bezos has gambled on his company’s long-term prospects before. He did so again last quarter, and it cost his shareholders, at least for a while. Bezos has run…
A deal to rescue the EU’s weak nations has stalled over political differences and objections by banks. (Reuters) IBM (NYSE: IBM) appoints Virginia Rometty as its new CEO. (Reuters) Amazon.com (NASDAQ: AMZN)…
Amazon.com Inc. (NASDAQ: AMZN) is set to report earnings after the close of trading on Tuesday. What makes Amazon so different from many peers in technology, internet and virtual companies is that…
Each morning 24/7 Wall St. issued a list of some of the key analyst upgrades, downgrades, and initiations seen from Wall Street research firms. At the end of the week we review…
A company can spend billions of dollars on R&D and get little respect as an innovator. Even though that is the conclusion of a new study by Booz & Co., the conclusion…
Obama to announce aid for student and home loans. Home loan proposals will include refinancing for underwater mortgages. (Reuters) EU leaders press Italy for more austerity measures. (Reuters) China’s October PMI is…
Slow sales of Windows keeps Microsoft’ s (NASDAQ: MSFT) revenue low. (Reuters) The Murdoch family will face voters angered about the UK paper hacking scandal at today’s annual meeting. (Reuters) Greece’s parliament…
The headline number from Nokia Corp.’s (NYSE: NOK) third quarter earnings report is that sales fell by -13% year-over-year. But there were some positives as well. Instead of an expected EPS loss…
Management at Samsung recently boasted that it sold 20 million handsets in the past quarter, compared with Apple’s (NASDAQ: AAPL) 17 million iPhone sales, the Wall Street Journal reports. The boast does…
Stocks opened down this morning following the earnings report Apple Inc. (NASDAQ: AAPL) after markets closed yesterday. Moody’s downgrade of Spain’s sovereign debt also weighed on the opening. The Consumer Price Index for…
For the sixth straight quarter, Intel Corp. (NASDAQ: INTC) has posted record sales, partly due to a 22% increase in sales to PC makers. Does that indicate that the PC makers like…
The 2011 holiday season is very likely going to be a tale of two classes. For the well-off — those with discretionary incomes above $250,000 — spending is expected to increaseby about…
Apple Inc. (NASDAQ: AAPL) has been the king of tech stocks. While Apple’s results still showed rapid earnings and revenue growth, the report disappointed and results were below Wall Street’s expectations. And…
The smartphone business was among the most attractive in the tech world until recently. That was before Microsoft (NASDAQ: MSFT) forced several makers of Google (NASDAQ: GOOG) Android-based phones to pay it…
