Why Chrysler Doesn’t Matter
By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may…
By the time Chrysler filed for Chapter 11 yesterday, it was no longer a large American company. Although the firm is private, most estimates are that the No.3 US car company may…
From 24/7 Wall St. partner Apple Investor News: Aside from the iPhone-Verizon rumor and iPhone apps passing the one billion mark, there were some interesting headlines this week that speak to Apple’s…
The evidence keeps mounting that competing with the Apple (AAPL) iPhone is a losing game. According to the new JD Power survey of customer satisfaction among smartphone owners, the iPhone beat competition…
According to Reuters, Bank of America (BAC) shareholders voted to separate the chairman and CEO roles and Ken Lewis was replaced as chairman. Reuters reports that talks to keep Chrysler out of…
Microsoft (MSFT) has never had much success in the businesses of creating and marketing hardware. Why should it? Microsoft is the world’s largest software company. The firm has tried to become the…
According to Reuters, the days of the CEOs of Bank of America (BAC) and Citigroup (C) may be numbered. Reuters reports that a deal has been reached to cut Chrysler’s debt but…
Yesterday, there were a number of rumors in the press that Verizon Wireless (VZ) (VOD) was talking with Apple (AAPL) to get a franchise to sell the iPhone after AT&T’s (T) exclusivity…
According to Reuters, world health officials are fighting to contain the new flu. Reuters reports that the government may be pressing Citigroup (C) and Bank of America (BAC) to raise more money.…
AT&T (T) has made it clear, very clear that the Apple (AAPL) iPhone is critical to its strategy to increase cellular revenue as its residential landline business shrinks. The iPhone helps AT&T get…
Google’s (GOOG) push in the US to sell handsets using its Android operating system is being hurt by the fact that its cellular partner is T-Mobile, a distant fourth in market share the America. Android is about…
Downloads of Apple (AAPL) applications for iPhones and iTunes have reach one billion. It only took nine months. Most analysts view this as a strategic advantage over RIM’s (RIMM) Blackberry and Google’s…
From 24/7 Wall St. partner Apple Investor News: There were big concerns heading into AAPL’s Q2 earnings report. Despite its history of sandbagging guidance then surprising to the upside, some predicted this…
As the executives at Apple (AAPL) were passing around the Dom Perignon, their counterparts at other companies which design and manufacture smartphones were putting all sharp objects out of reach. In a…
According to Reuters, a bill to restrict credit card charges cleared a key committee in Congress. Reuters reports that Ken Lewis of Bank of America (BAC) says his firm what urged by…
Apple (AAPL) posted financial results for its fiscal 2009 second quarter ended March 28, 2009. Revenue was $8.16 billion and net quarterly profit was $1.21 billion, or $1.33 per share. These results compare to…