VENTURE CAPITAL POST

Apple may have exceeded internal targets for third quarter of fiscal year 2015, but Wall Street is not impressed. In its earnings report, the company announced that sales of iPhone, which represents more than half of Apple's business, had increased.Apple sold 47.5 million iPhone units.

Apple is expected to unveil a new music service and better tools to build apps for its smartwatch at its annual gathering of developers in San Francisco on Monday.

Viacom Inc's Nickelodeon unveiled on Wednesday a paid streaming service for children called Noggin that will launch on March 5 for $5.99 a month.

Apple Inc (AAPL.O) won an antitrust trial on Tuesday when a U.S. jury decided the company did not act improperly when it restricted music purchases for iPod users to Apple's iTunes digital store.

It has been four years since Apple Inc (AAPL.O) introduced a completely new gadget and the pressure is on for the world's largest tech company to wow at its "special event" in Cupertino, California, on Tuesday.

Berlin, Germany-based social reading app Readmill confirmed that San Francisco, US-based cloud storage giant Dropbox acqui-hired it for $8 million in combined stock and cash, with plans to shut it down later.

Analysts stated that Apple currently presents several avenues for sustained growth which makes it a good investment.

The pressure is on for Apple to launch new products.