Nokia (NOK) had a stronger second quarter than most people expected. According to The Wall Street Journal, "Nokia said sales rose to €13.15 billion from €12.59 billion. Analysts expected sales of €12.86…
Several reputable firms measure global PC sales. According to The Wall Street Journal, "Gartner Inc. said world-wide PC shipments grew 16% in the period, with U.S. shipments growing 4.2%." On the face…
Sony (SNE) will add the ability to download and play movies as the latest service for its PS3 video console product. Several companies like Amazon (AMZN) and Apple (AAPL) began offering similar…
According to Bloomberg, GM (GM) will announce a major restructuring including moving more production to small cars. Reuters reports that regional bank stocks were hit hard by liquidity concerns. Reuters writes that…
According to Apple (AAPL), it sold one million versions of its new 3G handset worldwide during the first day it was on the market. "iPhone 3G had a stunning opening weekend," said…
Douglas A. McIntyre Apple (AAPL) probably sold over 425,000 3G iPhones in the first three days it was on the market. That would put it on track to hit forecasts from Piper Jaffray that the…
Apple (AAPL) may be one of the most successful companies in the world. Over the last five years, the value of the firm’s shares is up almost 1,600%. Most of that is…
Douglas A. McIntyre Apple (AAPL) is not sold out of the new 3G iPhones. Based on data from the company, consumers can find them in almost every Apple store. Reports are that Apple’s carrier partner…
Who thought that Apple’s (AAPL) iTunes operations would screw up the launch of the 3G iPhone? Nobody. That’s who. But, it turnsout that to activate the iPhone, part of the process must…
Douglas A. McIntyre Steve Jobs sees that smartphones, especially the Apple (AAPL) iPhone are the future of computing. Who needs a PC when a handset will do? To get to Mr. Jobs goals, Apple "will…
According to Reuters, Robert Steel was named the new CEO of Wachovia (WB) and the bank said it would have a quarter loss of $2.6 to $2.8 billion. Reuters writes that the…
The Apple (AAPL) iPhone may do more damage to RIM (RIMM) more quickly than most analysts think. According to Changewave’s most recent survey of 3,567 consumers, 55% of those who plan to…
Douglas A. McIntyre Most Wall St. observers now think that the merger between Sirius Satellite Radio (SIRI) and XM Satellite Radio (XMSR) will go through. The FCC, pushed by some members of Congress and the…
Sprint (S) has taken to the airwaves to try to keep customers and get old customers back. The marketing effort ignores that fact that Sprint has, by some measurements, the worst customer…
The market took big dips in 2001 and 1987. One was due to a national catastrophe and another was focused on Wall St.’s impression that the market had run too far, too…