Big news for Apple fans, who have been patiently waiting for the iPad Mini all summer, you may not have to wait much longer. A new report from Fortune has surfaced that Apple Inc. (NASDAQ:AAPL) has sent out invitations for an exclusive iPad Mini event next week, on Wednesday October 10. It’s predicted that the iPad Mini will be introduced at the event and subsequently become unveiled about a week later. Fortune’s source is unnamed....
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A host of smartphone manufacturers, including Apple, launched their devices during the month of September. However, it is Apple Inc. (NASDAQ:AAPL), which is set to have the best of Holiday seasons, while other tech industry players sweat all the way through, amid poor macro conditions. Mizuho Research analysts believe that Apple will benefit from the growing demand for smartphones and tablets, as the PC counterparts continue to lose their grip on consumer spending. Additionally, the adverse, macro-conditions, which are squeezing consumer spending, are promoting fierce competition between the tablet and smartphone industries, and the PC industry. The latter seems to be losing the battle, as consumers become technologically advanced, preferring the portable high-end gadgets over the desktop computers. Apple Inc. (NASDAQ:AAPL) is expected to sell more than 50 million iPhones during the December quarter, with the newiPhone 5 representing approximately 70% of that number, with estimates ranging between 35 to 38 million units. Mizuho established that the initially feared in-cell display supply bottleneck is being handled very well by Apple,...
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Q11 2012 was the most active quarter for IPOs since the fourth quarter of 2007. The figures also showed a marked decrease in mergers acquisitions and buyouts. There has been less activity in that area leaving it lower than it was in Q2 2011. One explanation for the fall in mergers is Google’s lack of acquisitions. The company was the leader in such moves in 2011 with 12, but that included Motorola. That particular...
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Every afternoon ValueWalk provides an update on global market levels, economic news, and hedge fund news. US: Dow: 12944.42 (0.28%), S&P 500: 1373.54 (0.56%), NASDAQ: 2992.09 (0.73%) Europe: CAC: 3487.48 (0.26%), DAX: 6880.21 (0.66%), FTSE: 5887.49 (0.47%). Asia-Pacific: Australia: 4212.00 (0.98%), China: 2439.46 (0.79%), Hong Kong: 21086.00 (0.88%), India: 5333.55 (2.17%), Japan: 9929.74 (1.62%). Metals: Gold: 1712.00 (0.78%), Silver: 34.25 (1.24%), Copper: 3.86 (1.82%) Energy: Crude Oil: 107.34 (0.71%), Natural Gas: 2.30 (1.41%) Commodities: Corn: 6.43...
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