Apple may be more vulnerable than you think.
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Options traders have descended on the smart phone sector Tuesday, with heavy activity in Research in Motion, Nokia and Palm, following poor earnings by the latter, and news of an introduction of Nokia’s entrée into this market. Research in Motion’s options were the most actively traded. The stock was getting hit, down 7.5% after Palm reported less-than-stellar results for its most r...
NEW YORK (Reuters) - Tiffany & Co offered voluntary retirement incentives to about 800 U.S. employees, as the upscale jeweler grapples with an economic downturn that has led its affluent customers to cut spending.
The Finns leave Japan. Will the Steves leave, too?
Today’s tickers: RIMM, BP, NXY, MMM, USB, WFC, GS & GE RIMM – Research in Motion – Terrible results from fellow-handset maker, Palm clouded the prospects for RIMM as well as the mobile phone industry sending shares of the Canadian manufacturer of the Blackberry device 7% lower to $37.02. The company recently faced delays in shipping its novel Blackberry Storm, but news tha...
The enormous rise in prices which ended in year 2000 was a Mania, a Stocks Mania. The first move down after the end of the Stocks Mania marked the beginning of a new major trend, a downtrend this time, which has many months – perhaps extending into years - yet to run. That first move down ended with the 2002 lows. The subsequent high which ended in October 2007 was the first bounce in the...
Research in Motion (RIMM) – Terrible results from fellow-handset maker, Palm clouded the prospects for RIMM as well as the mobile phone industry sending shares of the Canadian manufacturer of the Blackberry device 7% lower to $37.02. The company recently faced delays in shipping its novel Blackberry Storm, but news that Palm recorded revenues of $190 million from sales of its seven-year o...
Target, Apple and Jack in the Box reinvented their brands through damage control, brand differentiation and broadening appeal. Put their strategies to use for your business.
Cell Phones: Oppenheimer Sees Q4 Units Flat Vs. Q3; Cuts ‘09 View; Trims Ests On MOT, NOK, RIMM, RFMD, CELL
Tue, Dec 2, 11:28 AM ET
Conditions in the global handset market continue to deteriorate, according to Oppenheimer analyst Ittai Kidron. Kidron now sees global handset sell-in for Q4 of 315 million units, flat with Q3, and below the recent Nokia forecast of 330 million units. He says that checks find production cuts by OEMs, inventory reduction by carriers and weaker sell through in most regions, especially in November...