Apple's new signature phone could spell good news for a whole host of companies, from service providers to chipmakers.
Apple's (AAPL) big product launch in San Francisco this week, expected to mark the debut of the iPhone 5, could spell good news for a host of companies way beyond the boundaries of the tech giant's campus in Cupertino, Calif.
From Apple itself to the company's telecom partners and component makers, there's a whole host of firms set for an iPhone 5 boost.
The music-streaming juggernaut is about to offer a service letting its millions of users listen to songs via their web browsers -- directly challenging Pandora.
Since launching in the U.S. last year, online music-streaming service Spotify has been on a roll. While Apple's (AAPL) iTunes is the undisputed champ of online music sales, and browser-based streaming services like Pandora (P), Rdio, and MOG are also popular, Spotify has carved out an impressive niche for itself. And now, with 15 million users -- 4 million of whom pay either $5 or $10 a month -- and a popular Facebook app, Spotify, which essentially lets users search for, listen to, and share any song they want to, is reportedly preparing to launch a web-based version.
Given its fast growth and enviable buzz, is Spotify poised to vanquish its online music rivals?
How powerful is Apple? Just the rumor of it entering the streaming music business rattled potential competitors.
On Friday, shares of Internet radio giant Pandora (P) plummeted by almost 17% -- closing at $10.47 per share when rumors surfaced that Apple (AAPL) was looking into entering the already crowded space of streaming audio entertainment, an environment that includes (among others) Spotify and Sirius XM (SIRI). Although just a rumor at this point, I couldn't contain my immediate reaction: "It's about time."
You see, when it comes to music Apple is far from an amateur. After all, its popular iTunes platform not only revolutionized how songs are bought and sold, it saved the music industry altogether -- from the likes of Napster, Bearshare as well as any other rogue outlet or application seeking to steal the works of artists under the pretext of "freedom." Now, if it indeed wants to take it a step further, the music industry must oblige. It's their duty.
The search giant's photo booth is one of the most popular attractions in Charlotte this week.
By Joe Deaux
The most popular attraction at the Democratic National Convention has been around since your grandparents' high school days: A photo booth.
The Google (GOOG) photo booth has been a smash hit among delegates, thanks to the technology-enhanced twist it puts on the original concept. The search giant's version takes four photographs of a person, emails the images to them and displays the pictures on the massive screen inside the Time Warner Cable Arena here in Charlotte.
A constant stream of convention attendees have been anxiously waiting in line for upwards of 30 minutes in a corner of the arena to sit inside a small booth for three minutes and pose for the portraits, which can also be posted to Google+, the company's social networking site.
Sure, the technology company is thriving, but its stores haven't been able to avoid the same issues plaguing the Best Buys of the world.
Retail is in trouble. The industry has been on the endangered species list since Amazon (AMZN) was born and told consumers it was time to start thinking outside the box.
Except consumers took it a step further and stopped visiting the box altogether -- the "big box" stores, that is. As a result, once-prominent retailers have fallen by the wayside such as CompUSA, Circuit City, Media Play and many others on a list much too long to detail here.
Copyright © 2013 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
Start investing in technology companies with help from financial writers and experts who know the industry best. Learn what to look for in a technology company to make the right investment decisions.
[BRIEFING.COM] The major averages finished the session on a lower note as the S&P 500 lost 0.4% while the Nasdaq shed 0.1%. The Russell 2000, which paced the retreat on Tuesday and Wednesday, added 0.2%, trimming its December loss to 3.5%.
After spending the first half of the session in a steady retreat, the S&P 500 found technical support in the 1772 area. Upon reaching that level, the index reversed sharply, and marched back to its flat line. There was no particular catalyst ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|