How cheap can Apple's iPhone be?

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%.


Major Apple share buy back spree: 3x than expected

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 to raise JPY4 trillion through IPO

Japan Post Holdings Co Ltd is set to launch an initial public offering that will raise JPY4 trillion.

Etisalat hires Goldman Sachs for Warid acquisition

Etisalat ETEL.AD announced plans to acquire Pakistan's Warid. Etisalat hires Goldman Sachs Group as financial adviser for the deal.


Latest News

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.
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.
Facebook continued to be the primary social network used which accounted for its US$1.81 billion earnings from April to June.