Author Archives: Scalper1

Study indicates Apple Watch holiday sales ‘tepid’

A study of online search interest points to continued “tepid” demand for the Apple Watch over the holiday season, according to investment bank UBS. Compared with other consumer electronics products during the holiday period, interest in Apple’s (AAPL) smartwatch was “mediocre,” UBS analyst Steven Milunovich said in a research report Tuesday. UBS estimates that Apple sold 5 million Apple Watch units in the December quarter, generating about $2.2

Facebook Revenue Growth Drivers Remain Strong For 2016

Following a year of strong performance in 2015, the drivers that fueled Facebook (FB) in 2015 remain strong for 2016, says a report from Credit Suisse. “Facebook will be able to drive long-term revenue growth without a material lift in ad loads,” the Credit Suisse report said. It maintained an outperform rating and a price target on the social networking giant of 135. Facebook stock was up 2%, near 99.50, in afternoon trading in the stock market