According to analysts, Apple Inc would only cut US$50 on the original price of iPhone so that it could maintain gross margins range of 36%-37%.
North America
Electronic Arts Inc. received a big boost from Apple
Electronic Arts Inc. stated that US$90 million of the company's overall revenue of US$103 million came from developing games for tech titans like Apple.
Investors unimpressed with Microsoft's profit gain
Investors said that Microsoft's stock performance was "sub-par". After its quarterly earnings release last Thursday, Microsoft stock decreased by almost 10% of its value.
Microsoft discovers cure against spam
Yesterday, Microsoft said that it will be using a 67-year old law to fight botnets. Using a law which dates back almost 70 years, giant tech company Microsoft announced today that it will be charging forward in the industry's long battle against spam bots.
Bunge second-quarter earnings drop by half vis-à-vis year-earlier figures
Bunge Ltd. suffered a 50% drop in its second-quarter earnings compared to last year's figures.
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Apple bought back three times more share than expected. Apple recently had a major share buyback spree. The company bought back 36 million shares instead of the scheduled 10 million.
According to UBS, Apple needed to enhance it services and earn from new products for US$500 each stock.
Microsoft will limit updates of indie games to reduce player annoyance, reports said. In an effort to prevent "overwhelming" its player base, Microsoft announced that it will be limiting the number of Xbox One Achievement updates after its launch.
In a retraction of previous policies, independent game developers may now self-publish on the Xbox One game console according to Microsoft.
Microsoft's virtual assistant will be reworked in preparation for future release. Move over Siri, a new virtual assistant is in town. No, it's not Google Now, but Microsoft's previously announced virtual assistant - Bob.
Apple stocks led a rally to keep losses of tech stock at bay. Wednesday afternoon at the stock exchange saw most US stocks in the red. However, tech stocks, led by Apple, rallied to limit the losses.
Google's innovations and ways of dealing with circumstances proved why it is the leading tech giant in the industry and that it is a good investment.
BlackBerry would search for alternative routes so that service monetization would compensate within the business.
BlackBerry would revamp its moneymaking operations and target MDM market to generate more income. The mobile device management market was said to be the next target of BlackBerry.
