May 25, 2013

wall street - News


iPhone Nano rumor emerges again with new report of Apple’s Patent Win

iPhone Nano rumor emerges again with new report of Apple’s Patent Win

Apple iPhone Nano rumor has been emerged again, for last few days there was report about the iPhone Nano and WSJ pushed the rumors with some of sources leaked it. Today this is with some leaked Patent document from US. According Patently Apple, The US Patent and Trademark Office officially published a series of nine [...]

Apple reportedly to launch iPhone Nano; is it true?

Apple reportedly to launch “iPhone Nano”; is it true?

Rumor related to iPhone Nano is getting on the peak, The U.K.’s Daily Mail reported on Monday that Apple is working on a “smaller version of the iPhone 4″. This week, Bloomberg, The Wall Street Journal and TechCrunch all published rumors that Apple plans to launch a smaller, more affordable iPhone, to be sold alongside [...]

Sony Ericsson CEO points February reveal;Could be the PlayStation Phone?

Image of PlayStation Android

Rumor on the PlayStation Android handset has been around for awhile. There’s not much to say regarding the device as It is still unsure whether the device will actually be made. Reasonable deniability seems to be Sony’s strategy when it comes to the PlayStation Phone, and that apparently goes for Sony Ericsson as well — [...]

Nokia Chairman Jorma Ollila Will Resign in 2012

Nokia Chairman Jorma Ollila

Nokia Chairman Jorma Ollila today confirmed that plans to resign in 2012, marking more sweeping changes as the company tries to win back leadership of a complex market with new smartphones. Nokia spokeswoman Arja Suominen said Tuesday that Ollila has said he would be “at the disposal of the company” until the annual general meeting [...]

Federal Reserve Central Bank Promised to Act if U.S. Economic Reovery Efforts Fails

federal reserve central bank

Ben S. Bernanke, Federal Reserve Chairman on Friday said that the central bank is ready to act for the U.S. economic recovery efforts. The assurances he made at the Kansas City Fed’s symposium near Jackson Hole, Wyo., highlights not only the uncertainty of the economy, but also the futility of trusting policymakers to solve all [...]

Barnes & Noble Reports Loss Worse than Expected

Barnes & Noble Reports Loss Worse than Expected : Barnes & Noble Inc., the U.S. bookstore chain that put itself up for sale this month, posted a wider first-quarter loss than some analysts estimated as retail sales fell for an 11th straight quarter. Barnes & Noble reported a net loss of $62.5 million, or $1.12 [...]

LG Optimus Tablet – An Android iPad Killer ?

lg optimus android tablet

LG is reportedly planning to launch a tablet computer for the global market. The Wall Street Journal quotes mobile device marketing exec Chang Ma saying that the tablet will be available by the fourth quarter of this year and be a part of the company’s Optimus line. LG’s Optimus tablet, which is set to launch [...]

Viacom Profit Increases by 52% But Misses the Revenue Estimates

viacom logo

Viacom Inc posted a higher-than-expected quarterly profit on Thursday on cost cuts and improved advertising sales, but a decline in DVD sales caused revenue to miss Wall Street estimates. The results, released Thursday, marked a full year of rising profits for Viacom. Coming out of a recession that put a huge dent in the budgets [...]

Qualcomm has 4% Profit Increases in Q3 But Down Revenue

qualcomm

Cellphone chip supplier Qualcomm Inc’s fiscal third-quarter earnings and revenue beat Wall Street estimates on strong smartphone demand, sending its shares up 3.4 percent after hours. Qualcomm disappointed investors the previous two quarters as prices for phones fell sharply and cut into royalty payments. Qualcomm sells chips to phone makers and collects licensing fees from [...]

Google Misses the Target even if they got 24 Percetage Increase in Second Quarter

Google Shares

Google continues to dominate in its core business, search advertising, which accounts for more than 90 percent of its revenue. But as Google grows and search becomes increasingly competitive, analysts and investors are beginning to wonder what is next for the company. Google Inc.’s second-quarter earnings missed analysts’ target as higher expenses and the fallout [...]

World of Warcraft is Money Maker for Activision and Blizzard – WoW Responsible for 70% of their Income

World of Warcraft

In an interview with the Wall Street Journal, Activision – Blizzard CEO Bobby Kotick stated that 70% of the company’s operating profit comes from “non-console-based video games”. That’s also the reason why he doesn’t look at retail sales charts that often anymore. The 11.5 million World of Warcraft players paying a $15 monthly fee has [...]

Google Music Store Will Open Later This Year – Google Targeting the Apple iTunes Store

google music store

Google has been in talks with a selection of large music companies for a number of months according to the Wall Street Journal regards Googles new music store that is expected to roll out in two stages and help surfers purchase music they search for directly from their searchs. The first stage of Googles Music [...]