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%.
Regions
Adzuna launches Jobsworth
Adzuna has launched Jobsworth, a tool that gives a salary estimate of every job advertised. Classifieds search engine Adzuna has announced the launching of Jobsworth, a tool that enables users to view the salary estimate of any job advertised.
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.
Latest News
China's Commerce Ministry confident probe on drugmaker GlaxoSmithKline won't mar investor confidence
China remains confident that the ongoing investigations for alleged bribery of GSK execs in its China division won't mar investor confidence.
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.
Japan Post Holdings Co Ltd is set to launch an initial public offering that will raise JPY4 trillion.
Etisalat ETEL.AD announced plans to acquire Pakistan's Warid. Etisalat hires Goldman Sachs Group as financial adviser for the deal.
Super Group Ltd. announced plans to make first acquisition in ten years. Singapore's leading instant-coffee maker, Super Group Ltd. , said that they are seeking to make their first acquisition in a decade.
LG Innotek Co. and Inventec Corp., Apple's suppliers, led the rally after tech titan released its earnings report.
According to UBS, Apple needed to enhance it services and earn from new products for US$500 each stock.
The instant messaging app from China, WeChat, would expand globally by using the biggest personalities in the sports industry.
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.
