Tag Archives: aapl

Tesla Cuts Jobs As Apple, Benz And China Rivals Loom

With sales in China not up to hopes, Tesla Motors is now cutting a substantial number of jobs there, according to new reports. And as the company faces a growing number of luxury electric or plug-in hybrid car rivals, analysts are talking about the possibility that Apple (AAPL) could buy Tesla, if it doesn’t just build an electric car itself. Tesla (TSLA) is reducing staff in China by 30%, Bloomberg said, citing a report from a Chinese newspaper

Apple Joins The Dow; Is It A Wedding Or A Funeral?

After years of speculation, Apple will join the Dow Jones industrial average. But that could be a bad sign for the iPhone titan. Apple (AAPL) will replace AT&T (T) after the market close March 18. But Dow’s selection committee has a history of picking technology companies at their peak or past their prime. “Joining Dow takes the shine off the Apple and makes it a rotten Apple,” wrote Global Equities Research analyst Trip Chowdhry in

King Digital continues to ‘crush’ mobile game competition

All hail, the king of mobile games! King Digital Entertainment (KING) continued its reign atop the lists of highest grossing mobile video game companies in February. King was No. 1 in top-grossing games last month for Apple ‘s (AAPL) iPhone and iPad as well as Google ‘s (GOOGL) Google Play download store for Android smartphones and tablets. King was No. 1 across all platforms in January as well. London-based King had three of the top 10 titles on on all platforms with “Candy Crush,” “Candy Crush Soda Saga” and “Farm Heroes Saga.” Privately held Finnish game company Supercell was in second place and also had three of the top 10 titles with “Clash of Clans,” “Boom Beach” and “Hay Day.” Privately held Machine Zone of Palo Alto, Calif., came in third with just one game in the top 10, “Game of War: Fire Age.” Supercell and Machine Zone had competing…