Tag Archives: aapl

Chip Frenzy: Apple Supplier, Microsemi Trade Punches

Apple (AAPL) chip supplier Skyworks Solutions (SWKS) and Microsemi (MSCC) are trading punches Friday, both raising their offers to acquire PMC-Sierra (PMCS). Early Friday, Skyworks raised its bid from $10.50 a share to $11.60 a share, 10 cents higher than Microsemi’s unsolicited offer of $11.50 a share. The first Microsemi bid was submitted on Oct. 19, two weeks after Skyworks’ original proposal. Several hours after Skyworks announced its new bid,

Apple App Store Boosted By Subscriptions, China

China is giving the Apple (AAPL) App Store a big boost, and in-app subscription sign-ups for Netflix (NFLX) and other content providers could be next. Apple’s billings from digital purchases will jump to $29 billion worldwide in 2021, up from $20.6 billion in 2015, forecasts Strategy Analytics. Apple garners 30% of App Store revenue from digital purchases, so its take would increase from “north of $6 billion” in 2015 to more than $8 billion in

Will Sprint Q2 Change AT&T, Verizon Leasing Stance?

When Sprint (S) reports fiscal Q2 earnings before the open Tuesday, the struggling carrier could add postpaid phone subscribers for the first time since Q4 2010, thanks to its phone leasing plans. Sprint’s $1-per-month lease plan — with an Apple (AAPL) iPhone 6 trade-in — has pressured market leaders Verizon Communications (VZ) andAT&T (T) to offer leasing plans of their own. So far Verizon and AT&T have resisted. Meanwhile, T-Mobile reported