Tag Archives: lead tech

Apple stock flat amid conflicting iPhone sales forecasts

Apple (AAPL) stock is treading water ahead of the company’s iPhone 6S launch next Friday. Shares were flat near 114 in afternoon trading in the stock market today. Wall Street analysts seem split over whether the company can increase iPhone unit sales with its ninth-generation smartphones. Apple will face tough year-over-year comparisons because last year’s iPhone 6 launch unleashed pent-up demand for larger-screen iPhones. This year’s models have

Amazon undercuts Apple with low-cost tablets, TV devices

E-commerce leader Amazon.com (AMZN) on Thursday rolled out an arsenal of new tablets and TV set-top boxes to counter Apple’s (AAPL) recent fall product launch. Both companies are prepping their lineups for the all-important holiday shopping season. Seattle-based Amazon introduced seven new products via press release on Thursday, and Amazon stock closed up 2.18% at 538.87 in the stock market today. By contrast, Apple held a flashy two-hour-plus

Oracle Beats On Earnings But Is Short On Revenue

Oracle late Wednesday reported quarterly earnings that came in ahead of analyst projections, but revenue was off the mark, leaving some to wonder whether the database giant had truly righted the ship after several rocky quarters. The company said in its financial release after the closing bell that income for the quarter ending Aug. 31, ex items, was down 15% from a year earlier to 53 cents a share. It came in a penny ahead of forecasts from