Several analysts gave product-centered comments of Apple's June quarter results. The results of Apple's June quarter were out. Let's see what analysts have to say regarding the report.
Sectors
Asian suppliers cash in on Apple's sales
Apple's big sales boosted shares of its Asian suppliers. Despite strong sales from Apple in the general Asian market, the company's suppliers of screens and micro chips from the region are worried for the long term.
Apple CEO confirms drive to auto industry
Apple's chief executive officer Tim Cook said in an earnings call that the company will definitely do something for the automobile.
Insight Venture Partners boosts MediaSpectrum with $35.8 million minority equity investment
Insight Venture Partners has given a $35.8 million minority investment to MediaSpectrum. Insight Venture Partners has given $35. 8 million in minority equity investment to MediaSpectrum, Inc.
MySocialCloud now part of Reputation.com
MySocialCloud is now part of Reputation.com. MySocialCloud, the platform that allows users to manage their logins, passwords, and other data from one place, has been acquired by Reputation.
Latest News
Samsung contracted a different graphics processing unit company for its new Exynos 5 Octa chip. South Korean electronics giant Samsung Electronics announced today that it will be using a new graphics system with its release of the Exynos 5 Octa chip.
Samsung announced the launch of their new tablet product in the highly contested Indian tech consumer market.
CIT has named Dan Henderson as the Investment Director for CIT GAP Funds. Dan Henderson has been appointed as the Investment Director for CIT GAP Funds, according to a recent press release from the Center of Innovative Technology (CIT).
Michigan Pre-Seed Capital Fund has invested a total of $1.5 million to 6 start-ups in Michigan. The Michigan Pre-Seed Capital Fund had given funding to 6 companies in Michigan totaling $1.
UK Asset Resolution, dubbed as Britain's "bad bank" has agreed to sell the Northern Rock loan portfolio for US$615 million.
In Series B funding, iRule has received $100,000 in funds from IncWell. IncWell LP, a private venture capital company, had invested $100,000 in iRule in Series B funding.
The Renewables Infrastructure Group Ltd. raised US$460million or GBP300 million in concluded IPO. The Renewables Infrastructure Group Ltd. (TRIG), announced that they were able to raise GBP300 million or US$460million.
Sanofi India Ltd. and the Carlyle Group are in separate negotiations for the purchase of Elder Pharmaceuticals Ltd domestic drug formulations business.
Apple's rebirth was expected to begin later this year amidst the growing worries of shareholders who were all anticipating for a boost.
