While some folks believe Piper Jaffray’s Gene Munster is an Apple perma-bull (his firm makes a market in AAPL stock), a look back will tell you Gene gets it right more often…
Douglas A. McIntyre Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
Domestic car sales are down about 30%. Sales at Chrysler have been hit hardest, down 50% in the most recent two months. In a bad economy, it makes sense that consumers will…
People in the wireless industry have been talking about what will replace 3G networks in the next two or three years. AT&T (T), Verizon (VZ), Sprint (S), and their peers overseas need…
According to Reuters, the biggest problem GM (GM) may face is a mountain of debt. Reuters reports that investors in Stanford funds are pushing hard to get their money out. Reuters reports…
Microsoft (MSFT) is pushing hard to show that it can be a viable competitor in the business of providing operating systems for smartphones. It has done a deal with handset giant LG…
Nokia (NOK) is starting a software store for its handsets. According to MarketWatch, it will be “an online bazaar that will allow users to buy music or films as well as applications directly…
According to Reuters, Obama is working on a program to help some homeowners pay their mortgages. Reuters reports that Wall St’s appetite to slim down perks will begin to face tests. Reuters…
According to several media reports, Nokia (NOK) says it will cut several hundred employees and temporarily lay off 2,500. Nokia blames the move on the declining market for handsets around the world.
It does not matter if Sirius (SIRI) goes bankrupt now. Creditors and bondholders may care. It probably will not be noticed by customers. In that way, it will be like an airline…
Up until very recently, perhaps as recently as six months ago, the prevailing wisdom among analysts who covered the media industry was that “content is king.” It is an inexact way of…
There are an extremely small number of companies which are likely to do relatively well during the recession, either because they are the market share leaders in their industries by a wide…
It is hard to understand why anyone would want to buy Sirius XM (SIR). All it has left is Howard Stern and he will probably leave soon enough. Sales at Sirius are…
Much of the crisis in the banking industry has been blamed on the inaction of the boards of directors at companies including Bank of America (BAC) and Citigroup (C). Some of Citi’s…
According to Reuters, Motorola (MOT) is betting much of its future on the Google (GOOG) Android phone system. Reuters reports that car sales hit a 27-year low. Reuters reports that Obama plans…