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Apple Inc. (Apple) designs, manufactures, and markets personal computers, mobile communication devices, and portable digital music and video players, and sells a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its...Read more
Silicon Valley’s tech giants impressed investors with their latest quarterly earnings, with Apple boosting its share buyback programme and Facebook answering the doubters with a surge in ad revenues.
Apple has been the undoubted king of the tech sector on Wall Street since it started putting ‘i’ in front of its range of mobiles, tablets and computers.
Citi is jumping on the bandwagon in initiating coverage of Apple with a 'buy' rating, though its timing is good after the recent share price correction. Competitive pressures are mounting in the smartphone market but Citi thinks the market is underestimating how well tablet devices will sell.
The new, smaller iPad is positioned between the iPhone and the larger iPad and aimed directly at competition from Amazon's Kindle Fire and Google's Nexus tablets.
Recent Sector News
Over the coming years, up to 1,300 more could become available; some have already launched and many more are expected soon. They range from city names, including .london and .NYC, to the more niche such as .beer, .fishing and .casa. AIM-listed Minds + Machines has become a mover and shaker in this process.
We should all change our passwords more frequently, keep our operating systems up to date and be careful when online - even more so since the internet was rocked by the revelation of the Heartbleed bug.
Premier League football club West Ham United, the London Eye, and the London School of Economics are among the first to sign up to the .london web address ending
The cost of smartphones is coming down, which is bad news for the hardware manufacturers but great news for mobile service providers.
“The shares have had a strong start to the year, up by 28% so far in 2014, but the valuation still looks modest," reckons Canaccord Genuity.
Next week's Proactive forum promises to be a fascinating look at the technology sector - as we showcase a trio of companies, each with an exciting growth story to share.
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