Tag Archives: aapl

Sorry, North Korea, Sony’s ‘The Interview’ is a hit online

Sony’s controversial comedy movie “The Interview,” which has angered North Korea, is a hit online. Sony announced Sunday night that “The Interview” has been downloaded or rented online more than 2 million times through Saturday, generating more than $15 million in sales. Sony (SNE) also has taken in $2.85 million in box office receipts as of Sunday from 331 movie theaters that have been showing the movie since Christmas Day, Box Office Mojo reported. Sony opted to release the movie in independent theaters after the major theater chains balked at showing it because of threats of violence from hackers opposed to the film. Sony released “The Interview” through online channels last Wednesday, including Google’s (GOOGL) YouTube and Google Play, Microsoft’s (MSFT) Xbox Live and Sony’s website SeeTheInterview.com powered by Kernel. Apple (AAPL) joined the list of online distributors on Sunday, offering the movie for $5.99 to rent…

Google Seen Paying Dividend, Like Apple

Google (GOOGL) might start paying a dividend to shareholders, despite its soaring capital spending and plans to expand cloud computing and Internet broadband services, speculates RBC Capital Markets in a report. In its “Top 10 Internet Surprises for 2015” report, RBC says Google could have $80 billion in cash and marketable securities by the end of 2015. “That’s not too far off from the level — $100 billion-ish — when Apple (AAPL) announced that

Apple Stock Short Interest Falls 30% In December

Apple’s (AAPL) short interest dropped more than 30% in mid-December to its lowest level since January. According to Nasdaq.com, some 53.67 million shares in Apple were short as of Dec. 15, down from 78.2 million on Nov. 28. Short sellers borrow shares and sell them in the expectation of a price drop, after which they buy them back at a lower price, return them to the lender, and pocket the difference. Shorting is also used as a hedging strategy.