Tag Archives : Wall Street

Tablets running Android will flood the market and drastically affect sales of netbooks and notebooks. The statement is from Jen Huang, chief executive of chip maker and Nvidia. According to Huang, the tablet market is still incipient in the world, but this category of hardware should “bombing” in the coming years. For Huang, the next generation [...]

Steve Jobs went on the offensive after disappointing sales of Apple ousted its shares, but his statements did not change the market perception. Jobs, who has not spoken to the investors conference call two years ago, played down his competitors Google and Research In Motion and dismissed the next tablets launched by competitors such as Samsung and [...]

Microsoft has registered an increase of 48% in quarterly earnings released on Thursday, as the good sales of the Windows 7 operating system helped the company to exceed the expectations of Wall Street. The largest software company in the world reported a profit of $ 4.52 billion, or $ 0.51 per share, in the fourth quarter of fiscal 2010. In the same [...]

As time progressed, so did the needs of the consumers for more state of the art device that would not only help them carry out their professional responsibilities more efficiently, but to also empowers the consumers to stay in touch with their family and friends and have access to entertainment, all at the same time. In a most recent revelation, one [...]

Apple shares registered a rise on Wall Street on Thursday (24), after the newspaper Financial Times report, through the blog, the company will release its tablet (laptop) next month. The shares rose 3.44% to U.S. $ 209.06, at 13h in New York, surpassing the previous record of U.S. $ 208.71. The move came after the “Financial Times”, citing [...]

As per analysts at Wall Street, the highly anticipated tablet computer from Apple Inc. could be launched to the commercial markets by as early as March 2010. After the launch of the tablet device, Apple is targeting a sales figure of one million tablets a month and would try its level best to ensure that, the new device achieves the same level of success [...]

One of the biggest names in the gaming industry, Activision Blizzard Inc. has announced its their quarter financial results for the year 2009 and despite the slump in the gaming industry, the gaming behemoth has infact scored a significant profit. This increase in the sales and revenue of Activision has largely been attributed to the widespread popularity [...]

Goldman Sachs has reported the earnings of the third quarter, and has surpassed the analysts’ expectations. It has indeed survived the rough times of the financial crisis with billions of dollars pouring in from the federal government. The earnings of $ 3.19 is said to be due to the mergers and acquisition fees and also better securities trading. [...]

Some public images that have taken a huge beating in the financial crisis are that of bankers and traders. Wall Street is all set to go for a grand image makeover and resurrect the image in the eyes of the people. According to Bloomberg it has roped in former aides of former Treasury Secretary Henry Paulson to head the initiative which will involve [...]

For being ‘extraordinarily evil,’ billion fraudster Bernard Madoff gets the maximum prison sentence of 150 years. His crime, one of the most talked about in recent history, is ‘masterminding a massive fraud that robbed investors of $50 billion.’ The 71 year old man had earlier asked for 12 years in prison for his crimes. Madoff has 10 days [...]