Tag Archives: Finance

Nest valued at $2b, gets closer to $150m finance round

Nest, the company that was put on the map through its awesome, always connected Nest Thermostat and later released its idea of the smoke detector – Nest Protect – looks like it could be getting closer to another financing round which could end in it receiving $150 million at a $2 billion valuation. That’s a lot of money, in case you didn’t think so already….

Is the iPad hurting Mac sales?

We’ve heard it before, “the future of computing is tablets.” Apple’s iPad is perhaps the most successful tablet ever, and it becomes more and more popular. However, with the growing popularity, it seems as if the iPad line may be hurting the sale of Macintosh computers. According to IDC’s PC shipment predictions for Q1 of this year, Apple’s Mac sales…

Apple’s Q2 earnings call set for April 23rd

If you’re into stock and financial information, and you really loved hearing all of the Apple stock news for the end of 2012, April 23rd will be a big day for you! Apple has just announced that it will hold its Q2 earnings call on April 23rd at 5 pm ET. Although no new devices were released this quarter, besides the larger capacity fourth generation…

Apple rakes in 70% of global smartphone profits in Q4 2012

While Apple may be falling behind Samsung when it comes to millions of units sold, it’s certainly not falling behind in terms of profits. The industry’s two biggest manufacturers commanded an impressive 95% of the smartphone market’s profits last quarter, with Apple taking the majority. Cupertino’s collection three of iPhone models combined to take in…

Disney CEO, Bob Iger purchases a cool $1 million in AAPL stock

Apple and Disney’s history has crossed junctions at a few different times over the past 30 years. Steve Jobs left Apple in the late 80s and started working with Pixar animation studios, which joined up with Disney to distribute its animated feature length movies. Eventually, Jobs negotiated a deal to sell Pixar to the Mickey Mouse inventors. More…

Apple stock at record high

The most expensive fruit in the world, Apple, has just ended the fiscal day at an all time high stock price. Now with each stock of the Cupertino-based company ringing in at a cool $636.34, it is easy to say that I’m depressed about not investing in Apple when it was merely another computer startup company. The record set today was four months in the…

One iPhone makes twice the profit of an iPad

I’m sure we all know by now that Apple’s profit margins are huge. Typically making anything from 30-50 percent profit on all its hardware, it’s the reason why Cupertino has such a vast amount of cash in its bank account. What we probably didn’t know was just how much money the iPhone made. A new report from Reuters sheds light on the difference…