Tag - Trading
Centuries ago, picking up a special trinket or a necessary item wasn't as simple as driving down to the local big box store. Villages and towns in the Middle Ages often went without specialty goods, often settling for what was available in the local area if other items weren't readily available. However, traveling merchants filled a vital role in delivering products from far and wide, from the everyday to the extraordinary. While many of these road-worthy individuals likely enjoyed their treks across the land, the appeal to a life of wheeling and dealing was in the money to be made. For those curious about what the life of a carriage-bound trader might have been like so long ago, Forever Entertainment SA's Merchants of Kaidan offers a taste without an exorbitant investment.
Despite record setting earnings for the third quarter of 2008, Apple's stock is down sharply in after-hours trading. As of 4:45 PST, shares were hovering at $148.94, down $17.35 or 10.43 percent. Apple posted revenue of $7.46 billion and net quarterly profit of $1.07 billion, or $1.19 per diluted share for its fiscal 2008 third quarter ended June 28, 2008. In the best June quarter in its history, the company sold almost 2.5 million Macs, or a 41 percent increase from the year-ago quarter and over 11 million iPods.
Apple's shares plummeted in after-hours trading today, nearly $19 per share or just over 12 percent to stand at $136.82 as of 5:35PM ET. Shares had already lost about 3.5 percent during normal trading hours on volume of about 85 million. That means Apple's shares are off more than 30 percent from their 52-week high of $202 reached in late December, 2007. Propelling the earnings decline was Apple's earning forecast. For its second quarter, Apple expects earnings of about 94 cents per share on about $6.8 billion in revenue. Analysts expected earnings of $1.09 per share on revenue of $6.98 billion. This despite the fact that Apple is predicting a 29 percent increase in revenue year-over-year, while last march revenue grew only 21 percent.
Stock trading is becoming increasingly popular as a way for individuals to make money for large expenditures, while some individual investors even make a living from the practice either professionally or privately. As Mac systems become more popular, the need for Apple's platform to fit in with all aspects spurred ProSoft Engineering to unveil a new stock monitoring application called Stox. The software, which is published under its consumer brand, JoeSoft, is designed to allow users to track stock portfolios as well as trading transactions. Stox also supplies users with pertinent information about the past, present, and potential future of chosen investments. [corrected, updated]
Now AAPL Stock: 93.74 ( -1.09 )
WhatsApp working on Mac desktop app?
Allegedly-leaked information from a WhatsApp beta enthusiast account on Twitter appears to suggest that the messaging service and app maker may be developing native Mac and Windows versions, allowing users who sign up with the service to text each other all over the world using either Wi-Fi or cellular data. The source of the documents is in question, but it would not be unusual for the service to expand onto Mac and Windows desktops. WhatsApp is currently available for iOS, Android, BlackBerry, Nokia, Symbian, and Windows Phone. http://bit.ly/1Ura0zN
Drake's Views an iTunes, Music exclusive
Drake's new album Views (formerly known as Views from the 6) has debuted on iTunes and Apple Music as an exclusive in the first week of its release. The singles Once Dance and Pop Style, however, are available elsewhere in the interim. Securing exclusives from leading artists has been a key strategy that Apple has adopted in trying to attract users to its services. Most notably, Taylor Swift's hugely popular 1989remains unavailable to users of competing services like Spotify or Tidal. http://apple.co/1NLwsSH
TSMC chip sales to Apple jump $2B in 2015
Apple A9 and A9X chip supplier TSMC saw sales to Apple jump $2 billion in 2015. TSMC's fabrication partnership with Apple on the A-series processor helped drive its revenue to $26.4 billion, up six percent over the previous year, although its dependence on Apple's chip orders meant that without its business, TSMC's revenue would have actually declined by two percent. The Taiwan-based chip maker is currently sharing Apple's A9-series chip supplies with Samsung, although is rumored to be gaining all Apple's orders for the next-generation Apple A10 chips. http://bit.ly/24tCE6e
Fiat Chrysler adding Siri Eyes Free
On Friday, automaker Fiat Chrysler issued a software update for selected 2013-2015 model cars to allow Siri Eyes Free, the precursor to the more fully-featured CarPlay, to be compatible with the vehicles' infotainment systems, including steering wheel control. The 2013 through 2015 model Ram 1500/2500/3500, the 2013-2015 Dodge Viper, the 2014-2015 Dodge Durango, the 2014-2015 Jeep Cherokee and Grand Cherokee, and the 2015 models of Dodge Challenger and Charger, Jeep Renegade, and Chrysler 200 and 300 can be upgraded through the Unconnect touchscreen, visiting the Uconnect site and entering their 17-digit Vehicle ID, then downloading the update to a USB drive. Installation can take up to 45 minutes, and can only be done while the vehicle is in park. http://bit.ly/23f0sby
Tor Myhren starts as VP of Communications
After an initial announcement in December, Apple on Friday added former Grey Group chief creative officer Tor Myhren to its leadership roster as VP of Marketing Communications, placing the well-known ad exec in charge of Apple's advertising and Internet marketing efforts, as well as having a hand in packaging design. He will report directly to CEO Tim Cook, and is replacing the retired Hiroki Asai, who left Apple after 18 years with the company. Myhren is expected to continue Apple recent push into more "lifestyle" marketing rather than product-centric ads, such as the well-remembered "I'm a Mac" campaign from last decade. http://apple.co/1Wwf0Dd
Marseilles Apple Store to open May 14
Apple has officially announced its newest retail store in France, which is to open in the southern port city of Marseilles in the Les Terrasses du Port shopping center on May 14 at 10AM local time. It will be the 19th full retail store Apple has opened in the country, or 20th if one includes the Apple Watch-only boutique at Galeries Lafayette in Paris. Apple is said to be planning a new showcase Paris store to be located on the Champs-Élysées. http://apple.co/1pP77vO
Maps adds Flyover, Suggestions locations
Apple has updated Maps to include Spotlight Suggestions for Denmark, Norway, and Sweden, allowing users to search both internally and across the web on both Mac and iOS devices for data in Spotlight. In addition, the company has added Puerto Vallarta, Mexico and Akron, Ohio to the 3D Flyover feature, offering computer-enhanced aerial views of the two areas -- and has activated real-time traffic information for Thailand, which will augment services like reminders to incorporate estimated travel times for appointments, as an example. The company recently added Nearby searches to five countries, and rolled out transit directions for Montreal in Canada and Portland, Oregon. http://apple.co/1Lh1Zel