Groupon IPOs: A Return to the old days? Groupon held an initial public offering today and the stock rose over 50 percent in early trading. Groupon is a daily deals site that focuses on connecting customers with businesses that are offering steep discounts. The company works with vendors to get them more customers via...
Steve Jobs Dies At 56: Yesterday, Steve Jobs the co- founder of Apple died from pancreatic cancer. Jobs helped build the small computer and software company created in the late 70s to the mega-corporation that boasts a market capitalization similar and sometimes greater than the largest oil company Exxon. Recently, Apple’s market cap was...
Steve Jobs Steps Down As Apple CEO: A New Era Begins Yesterday after the market closed, it was announced that Steve Jobs would be stepping down as the head of Apple. Jobs is considered one of the most innovative people of our era and is in some ways the Babe Ruth of technology. Yes,...
Apple’s Candied Earnings: AAPL Makes All Time Record for Revenue and Earnings. Apple beats estimates. Apple reported strong third quarter earnings yesterday which helped increase appetites for technology shares in general. Apple hit an all time record for revenue and earnings in the third quarter. Apple Earnings Highlights: Mac sales of 3.95 million, up...
Google Goggles: Earnings Mean More Room For Internet Growth. Google’s earnings are proof this isn’t another tech bubble. Google reported goggling numbers yesterday and stated its new social network site Google+ has reached over 10 million users. The search engine company based in Mountain View, California reported second quarter net income which rose 36%...
