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By Sarah Pringle and Sarah Jones, Bloomberg |
March 14, 2013
U.S. stock-index futures climbed, indicating the benchmark Standard & Poor’s 500 Index will continue its advance toward a record high, as jobless claims unexpectedly dropped last week.
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By Peter Burrows, Bloomberg |
February 11, 2013
Apple Inc.’s profit margins are falling back to levels not seen since sales took off after the 2007 debut of the iPhone, as competition and lack of breakthrough products pressure the company to lower prices.
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By Adam Satariano, Bloomberg |
January 24, 2013
Apple Inc. plunged the most in more than two years after posting the slowest profit growth since 2003 and the weakest sales increase in 14 quarters, fueling concern that mounting costs and competition may curtail growth.
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By Amy Thomson and Karl Baker, Bloomberg |
January 14, 2013
Apple Inc. declined to the lowest price in almost a year after the Nikkei newswire reported that the company curbed iPhone production on weak demand.
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By Cecile Daurat, Bloomberg |
December 17, 2012
Sprint Nextel Corp. won over Clearwire Corp.’s board after raising its bid to take over the smaller carrier to $2.97 a share in a transaction now valued at $2.2 billion.
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By Adam Satariano, Bloomberg |
April 16, 2012
Apple Inc. shares fell for a fifth day amid speculation that demand for the iPad may wane and that mobile-phone carriers will cut subsidies for the iPhone, eroding profitability of Apple’s best-selling products.