Its plan to get back into the smartphone market seems grossly premature, if not radically misguided.
F. Scott Fitzgerald once wrote that "there are no second acts in American lives." That is also true in the world of business and Wall Street, where companies rarely (if ever) are given second acts or "do-overs."
But this is what tech giant Hewlett-Packard (HPQ) is asking for, or thinks it deserves, as it is now reconsidering its position in the smartphone market.
Apple announced that iPhone 5 pre-order sales topped 2 million in the first 24 hours.
If there was any slight concern about Apple (AAPL) having trouble selling the iPhone 5, it was completely unfounded.
Early on Monday the company announced that iPhone 5 pre-orders topped 2 million in the first 24 hours that the phone was available. The tech giant said that demand exceeded the initial supply, and while the majority of pre-orders will arrive to customers on September 21, many are now scheduled for delivery in October.
Audience has learned the danger of one major client generating a large percentage of its revenue.
By Richard Saintvilus
Apple (AAPL) has now officially launched its iPhone 5, so what usually follows is speculation about its famed "halo effect."
You know, the process by which other companies with close ties to Apple often get a lift in their stock prices from built-up anticipation for increased demand of their own products. I've often called it "achievement by proxy." Nevertheless, a win is a win.
Ending months of speculation, Apple announces its latest smartphone, the iPhone 5. Here are some of its newest features.
There had been speculation over what Apple would call the new iPhone until the company accidentally leaked the name of the new device earlier Wednesday in search terms on its Web site.
CEO Mark Zuckerberg says the company is looking to move into search, but this is the first time the company has talked about it publicly.
By Chris Ciaccia
Facebook (FB) CEO Mark Zuckerberg touched on a number of topics Tuesday at a TechCrunch conference, but the topic that's getting the most attention is the company's moving into search. Why wasn't search made a bigger deal in the company's S-1 filing?
A search for the word "search" in the company's S-1 filing turns up limited hits. Nowhere in the filing does it mention search as a business, yet Zuckerberg made that a focus during his discussion with moderator Mike Arrington.
Copyright © 2014 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 stock market finished an upbeat week on a mixed note. The S&P 500 added just over a point, holding its weekly gain at 1.0% while the Nasdaq lost 0.4%.
The major averages began the day on an upbeat note, but relinquished their opening gains during the first 90 minutes of action. The early sentiment was boosted by a better-than-expected nonfarm payrolls report for February (175K versus Briefing.com consensus 163K), but a closer look into the report suggested that ... More
More Market News
|There’s a problem getting this information right now. Please try again later.|
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'