Sectors
Apple earns US$4 billion from iTunes software and services
Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.
Nikon cuts full-year forecast as demand for mirrorless cameras plunge
Nikon cut its full-year shipment target to 6.5 million from 7.1 million units as mirrorless cameras began to lose their shine.
First time buyers prefer Android, Apple gains repeat-buyers' choice
According to Consumer Intelligence Research Partners, first time smartphone buyers would prefer Android units while repeat buyers would choose Apple products.
Nuance Communications gains as Carl Icahn expands stake
Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.
Latest News
Meiji Yasuda, Fujitsu and Microsoft Japan would all team up to upgrade 30,000 Windows XP computers to tablets running Windows 8 operating system.
Microsoft's Windows Phone boosted its smartphone market share from 3% to 4% allowing it to take the third highest position in the market.
Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.
TreeHouse Foods said it has forged an agreement with TorQuest Partners to buy Associated Brands GP Corporation.
SetPoint Medical scored USD 27 million in funding from new and current investors to expand its neuromodulation and bioelectronic treatment modalities for inflammatory diseases.
ConocoPhillips said it will be selling its leasehold in the Clyden oil sands for USD 720 million to Imperial Oil Ltd and ExxonMobil Corp's Canadian unit.
The Center for Innovative Technology (CIT)announced its investment in WealthForge Holdings Inc made through its private equity arm, CIT GAP Funds.
Analyst Aaron Kessler said internet stocks' gains would continue because investors were more confident in new business models like mobile and community advertising.
Colorado-based FitBionic raised USD 2.2 million to support the global launch of its first product. Colorado-based FitBionic raised USD 2. 2 million in support of the global launch of its first product.
Investors examined Facebook's price to earnings ratio and found that US$38 each share was overvalued.




