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We rarely meddle with stock news around these parts, but this was a pretty significant piece of meat to chew on. After Research in Motion introduced Thorsten Heins as the new CEO last night and again in a conference call this morning, the company's stock price tumbled a whopping 8.47 percent. When ...

3 years ago 0 Comments
January 23, 2012 at 6:07PM
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Now here's a pretty open-and-shut case. What do you think could have caused Take-Two's share price to rise almost 18 percent yesterday? The company had the release of a little game called LA Noire to thank for that. On Monday, Take-Two shares were hovering around $15 a pop, but shot up yesterd...

3 years ago 0 Comments
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We all make predictions that don't turn out as planned. For example, this morning I said I'd have a few beers, enjoy a barbeque in the sun with friends and perhaps go to the cinema tonight. Turns out I have two daughters under the age of 3, so there went my day. But at least I'm not kicking mys...

3 years ago 0 Comments
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Steve Jobs' position as a director of Disney is being questioned as the company's annual shareholder's meeting takes place in Salt Lake City today. The AFL-CIO federation of labor unions has already voted against his reelection, citing his absences for health reasons and full-time responsibili...

4 years ago 0 Comments
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AAPL shares got slapped silly before market open this morning after a JMP Securities analyst initiated a rare downgrade on AAPL stock yesterday. The downgrade was due to assumed problems with Apple's ability to manage the supply chain for its iOS devices in the wake of the disaster in Japan. Bu...

4 years ago 0 Comments
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According to Gartner's latest mobile sales numbers, the rise of Android hasn't been quite as meteoric as you might think -- even with 888.8 percent growth in 2010. Last month, Canalys quoted Android as the top earner for smartphone platforms in Q4 of last year, beating out Symbian for the top spot,...

4 years ago 0 Comments
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We knew the technology powering the compression and streaming capabilities of OnLive was actually the work of dark and ancient sorcery, but we never would have guessed how profitable said sorcery actually is. According to a report fromVenture Beat, a regulatory filing issued in May seems to indicat...

4 years ago 0 Comments
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Apple's iTunes music service has strengthened its lead in the US music market, growing to a whopping 26.7% of all music sold in the States, up from 21% a few years ago and 12% in 2007. That's pretty phenomenal growth, buoyed almost certainly by the rising share of digital music versus brick and mort...

4 years ago 0 Comments
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Steve Jobs' Disney stocks aren't the only thing making him rich -- AAPL has hit an all time high, according to MacRumors, thanks to the big announcements earlier this week, both on the online store and during the conference call. Before opening this morning, it was at 204.72, but the high yesterday...

5 years ago 0 Comments
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Bloomberg is reporting that Steve Jobs will not attend this week's Apple shareholder meeting. That's not a big surprise -- Jobs' health has kept him from attending recent usual events, including Macworld earlier this year. But it is the first time in the over 10 years since he rejoined the company t...

6 years ago 0 Comments
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While Apple stock is up over seven percent since its positive earnings report and conference call yesterday afternoon, both Nokia and Microsoft have released dourer reports about their financial outlook. Microsoft said that it will lay off up to 5,000 people, about five percent of its workforce, ove...

6 years ago 0 Comments
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Yesterday, Apple released a proxy statement detailing the financial compensation that executives enjoy as part of their participation on the board of directors. Steve Jobs retained his $1 salary for 2008, but has over 5.5 million shares of Apple stock, which is worth over $500 million on paper. Jobs...

6 years ago 0 Comments
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AAPL fell 6.57 percent today after the Macworld announcements yesterday and a general retreat among tech-sector stocks. The company's stock closed at $89.16 per share, and over 42 million shares changed hands. A lot of the selling was done last night in after-hours trading, with the stock opening th...

6 years ago 0 Comments
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Apple met or beat analyst expectations for sales over the weekend, selling 13 Macs and 3.4 iPhones every hour, according to one Piper Jaffray estimate. Kaufman Bros. analyst Shaw Wu said that Apple's Black Friday promotions helped drive retail store traffic, according to reports from distributors. W...

6 years ago 0 Comments
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Apple shares today dropped to an intra-day 52-week low of a penny over $75, and rebounded to close at $80.49 per share. That was down 5.8 points from yesterday's close. This marks the lowest prices for Apple stock since the introduction of the iPhone in early 2007. Many stocks lost ground today in a...

6 years ago 0 Comments