Does Palm Deserve Its Tenfold Rise? (PALM, AAPL, RIMM)
Palm, Inc. (NASDAQ: PALM) has been on a tear of late. It was just Monday that shares were hitting fresh 52-week highs and that was after being one of last week’s winners…
Palm, Inc. (NASDAQ: PALM) has been on a tear of late. It was just Monday that shares were hitting fresh 52-week highs and that was after being one of last week’s winners…
Cellphone sales dropped worldwide in the first quarter, but concerns that Apple (AAPL) iPhone sales may have been hurt appear to be overblown. According to IT research firm Gartner, cellphone sales dropped…
Microsoft says it will introduce its new search engine within the next few days. The world’s largest software company has called the project “Kumo.” It may change that name before the public…
Apple’s (AAPL) march to make the iPhone a viable alternative to the business-oriented RIM (RIMM) Blackberry and perhaps netbooks, which are posting surging sales, got a boost from software security companies. Symantec…
A light week, but still some interesting news-bits, from 24/7 Wall St. partner Apple Investor News:
Sir Howard Stringer is the first non-Japanese to run Sony (SNE) and putting him into the job was probably a mistake. He was promoted to “re-invent” the company. Instead, he has done…
Several of the best-funded and most-publicized tech launches of the last ten years have ended in failure. Many large technology companies which had significant market share and product advantages in large industries…
According to Reuters, Bernanke says he was encouraged by the stress tests. Reuters reports that GM (GM) will probably exit the Dow. Reuters writes that Bank of America (BAC) will probably sell…
The inadequacy of 3G networks to carry data and video for large numbers of handsets simultaneously is hurting the performance of the Apple (AAPL) iPhone. The problem only starts there. The weakness…
According to Reuters, stress tests results will force ten banks to have to raise nearly $75 billion. Reuters reports that Toyota (TM) lost $6.9 billion and warned of more losses ahead. Reuters…
There must have been a dip in the news about new products and management changes at Apple (AAPL). Most of the conversation about the company in the last several days has turned…
Rumor of the day. Gawker is reporting that Apple (AAPL) is in advanced negotiations to buy social texting company Twitter for $700 million and would like to close by early June. Since…
The FTC believes that there may be an antitrust problem because two members of the Google (GOOG) board sit on the Apple (AAPL) board. One of those is Google CEO Eric Schmidt.…
A number of prominent American economists believe that the American economy has permanently lost its resilience and vitality. They believe that, for the first time in memory, America cannot rebuild itself after…
According to Reuters, changes at Yahoo! (YHOO) are getting mixed reviews from employees. Reuters reports that ten banks could could have to raise new money after stress tests. Reuters reports that two…