Apple (AAPL) iPhone SE First-Weekend Sales Lag Successors
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BlackBerry (BBRY) Announces New BBM Release for Mobile Platforms; Will Focus on Enhanced Privacy
April 4, 2016 6:39 AM EDTBlackBerry Limited (Nasdaq: BBRY) announced the launch of a new BBM release on iOS, Android and BlackBerry smartphones. With this new release(i), BBM users can now take advantage of enhanced privacy and control features that allow them to take control over the messages and content that they share without any subscription fees.
BBM users can 'Retract' their message and pictures from recipients to take them back from their phone if they were sent... More
Apple (AAPL) PT Raised to $150 at Credit Suisse; Stock Added to U.S. Focus List
April 4, 2016 6:35 AM EDTCredit Suisse analyst Kulbinder Garcha raised his price target on Outperform-rated Apple (NASDAQ: AAPL) to $150.00 (from $140.00) and the stock was added to the firm's U.S Focus List.
Garcha said the market may be "underestimating the GP contribution from Services, but more important, underappreciates its growth potential and the... More
Foxconn seals $3.5 billion takeover of Sharp as executives seek to shake off doubts
April 2, 2016 4:11 AM EDTBy Makiko Yamazaki
SAKAI, Japan (Reuters) - Foxconn and Sharp Corp on Saturday formally signed a long-awaited deal that would see the Taiwan firm take control of the Japanese display maker, as executives sought to dispel lingering doubts over whether Sharp can turn around its ebbing fortunes.
At a packed news conference following the signing of the $3.5 billion deal, Foxconn CEO Terry Gou ducked questions about how - and when - Sharp would become profitable again, but expressed confidence in the Japanese company's ability to bounce back with its highly regarded technology.
Gou pointed to Sharp's... More
Apple's (AAPL) iPhoneSE Likely to Pressure Margins - RBC
April 1, 2016 7:42 AM EDTRBC Capital analyst, Amit Daryanani, thinks Apple's (NASDAQ: AAPL) iPhone SE has a gross margin of 35% and will contribute $0.23 in earnings to 2016. This represents a significant drop from the mid 40s that Apple generates from other iPhones broadly.
Most of the... More
