It is another tough week for the Cupertino-based Apple as it faces a double whammy.
With the recent drop in price of the LG Optimus G Pro to $100 from the original price tag of $200, tech experts find the device worth their money despite its drawbacks.
By Greg PeelThe Dow closed down 8 points, while the S&P was flat at 1652 and the Nasdaq rose 0.5%.Gee those Chinese data releases are a barrel of laughs at the moment aren't they? Talk about killing the mood at a party.
Local stocks ended higher on Wednesday, although the gains were modest compared to the improvements seen in early trade. Economic reports originating locally and elsewhere once again spoke to investor concerns about a slowing global growth pulse.
The gears have shifted. Apple (AAPL), Google (GOOG) and Intel (INTC) are all eyeing the television industry apart from their computer ventures. While the three companies are working on streamlining television programming into their services, cable companies are stonewalling these efforts aggressively. Evidently, they do not want to share.
The IMF says China's slow growth was a big risk as the world's second biggest economy moves to growth led by consumption. Any kind of economic slowdown could affect Australia and other commodity exporters. China is one of the biggest consumers of energy in the world. China's trade surplus of US$27.13 billion missed expectations this June as both imports and exports declined as well. A government spokesperson says China's foreign trade to face "grave challenges" ahead.
New Zealand has signed a trade deal with Taiwan on Wednesday to become the isolated Taipei's first trading partner outside its allies. The economic cooperation agreement has been negotiated quietly since last year. The two-way trade between the two countries totaled US$1.2 billion in 2012, making New Zealand the 40th largest trading partner of Taiwan.
Rio Tinto (ASX: RIO) is expected to have a production shortfall of 2 million tonnes at its Pilbara iron ore operations when it releases its June quarter report next week. However, the mining giant is in a position to make up for the lost volume in the later part of 2013.
Consumers were more optimistic about the outlook of the economy in July, though they were vexed about spending and personal finances, says report.
In yesterday's Daily Reckoning we showed you that food and beer are cheap in America and that sweet potato fries are worth a go. Today, we'll investigate more urgent matters. Falling US bond prices are the prime mover in markets right now. As bond prices fall, yields rise. The investment implications multiply.
The Federal Reserve's EZ money policies will either succeed or fail. Either way, it will be a disaster.
BMW has extended its lead over Audi and Mercedes-Benz according to the latest global sales figures.
The Hyundai Santa Fe 2.0-litre petrol turbo is a wolf in sheep’s clothing. It has all the performance credentials to be regarded as a genuinely fast SUV without the high price tag.
Court found Steggles branded chickens – Baiada Poultry and Barter Enterprises, Australian Chicken Meat Federation deceiving consumers
The Australian share market is holding at one month highs in early trade on Wednesday, following gains on US and European markets overnight. US stocks managed to make it four wins in a row as investors were encouraged by the start of the earnings season. Aluminium giant Alcoa was first to report, with its earnings coming in in line with market expectations.
Acer released Aspire M5 for more than a year now but the company continues to release a multitude of updates for users to take advantage. Acer just announced it will be offering an M5 update. They device will now run on Intel’s latest Haswell plus it will also feature new speakers and Intel’s Wireless Display technology.
New South Wales, Australia's most populous state, wants to further dispose and liquidate three more old government buildings to raise needed funds to inject into its coffers.
Analysts at Wall Street expressed their doubts on the company’s capacity to gain more profits. The biggest chip maker in the world is facing their biggest challenge yet: fighting slump in personal computer sales while expanding in the mobile device market.
By Miguel Perez-Santalla, BullionVaultBACK in the good old days, a physical silver trader's dream would be to land a photographic company as a customer.
Computer giant Lenovo continues to boost its presence in the market adding a smartphone to their lineup. While the company started late with their mobile venture, Lenovo gears up to participate in the competition unveiling their Lenovo S920 series.
By Peter Switzer, Switzer Super ReportLast week I got to thinking about sensible investing when conditions are really 'iffy' and as I thought about it, I realised that in most short-term stock market situations there are always Rumsfeldian moments, which explain why there is a seller when ...
The Sony Xperia Tablet Z has emerged as techies' favourite, with the device topping the list of tablets recommended for people who are considering purchasing one.
By Greg PeelThe Dow closed up 75 points, or 0.5%, while the S&P gained 0.7% to 1652 and the Nasdaq added 0.
The Australian share market managed to recover today, thanks to strong offshore gains and as investors chasing yield bought into the banks. The All Ordinaries Index (XAO) rose 68.9pts or 1.4 per cent today to 4866.5pts.
Lenovo is joining the pack of tech manufacturers as it released another set of tablets. As the race for tablet domination goes on, Lenovo is not staying from behind. The company subtly released their A1000, A3000 and S6000 series.
As the inflation rate of China increases, the stocks in Asian and European Markets improve.
Rumors about the Moto X Phone, the supposedly smartphone from Google (GOOG) continue to persist throughout the market. The stale sales from HTC and Samsung are offering a way for competitors to come in and Google might just have the right product to satisfy this drought for Android.
A train accident involving a crude oil tanker train in Lec-Megantic, Quebec may have an increase in death toll in the coming days.
Apple Inc soars to 19th place in the list of Fortune Global 500. The Cupertino-based tech giant is the second most profitable company in the world after Exxon Mobil. Apple Inc has jumped 36 spots from 55th place based on 2012 revenue.
The New Zealand dollar soared after investors expected the U.S. dollar to move far too fast following the positive U.S. jobs figures last week.
The Kiwi dollar increased to 78.01 U.S. cents from closing at 77.26 cents in Wellington last July 8. The U.S. dollar index receded overnight after soaring to its three-year high following upbeat employment numbers last July 5.
