Apple’s CEO Steve Jobs gave developers, the press, and investors exactly what they wanted today at Apple’s Worldwide Developers’ Conference in San Francisco. Or at least what they expected: a New 3G iPhone. The stock ended down even still,
As expected, Apple unveiled a 3G iPhone Monday with a faster Internet connection, GPS capabilities and a low price. “Buy the rumor, sell the news” appeared to be traders’ main reaction.After trading as low as $175.75 intraday, Apple shares
From Silicon Alley Insider, June 9, 2008:Live Coverage from Apple’s Worldwide Developers Conference at Moscone West in San Francisco:2:33: 3G iphone: full plastic back, camera, fushed headphone jacks, improved audio, black back.2:34: nationalgeograph
Carl Icahn has sent yet another salvo in his ongoing war of words with Yahoo’s Roy Bostock. “While Google’s income from operations grew 59% per year for the last two years, Yahoo’s income from operations shrank 21%,” Icahn writes Monday. …
As the tech world anxiously awaits the expected unveiling of the 3G iPhone at Apple’s developer’s conference, several questions beg: What new features will it include? What will the phone cost? How will the new phone impact Apple’s stock?I addressed the f
So far Monday, the stock market is doing a good job of looking past the Lehman Brothers news as the bulls seek to recover from Friday’s whipping. Falling oil prices, better-than-expected pending home sales data and strong sales r
As the tech world anxiously awaits the expected unveiling of the 3G iPhone at Apple’s developer’s conference, several questions beg: What new features will it include? What will the phone cost? How will the new phone impact Apple’s stock?I addressed the f
So far Monday, the stock market is doing a good job of looking past the Lehman Brothers news as the bulls seek to recover from Friday’s whipping. Falling oil prices, better-than-expected pending home sales data and strong sales r
From Clusterstock, June 9, 2008: Lehman Brothers (LEH) is smart to raise another $6 billion, and the move will probably save it from succumbing to the same fate as Bear Stearns. Given the terms on which Lehman is raising the money, however–$28 a share fo