Tag Archives: aapl

Microsoft stock inching closer to all-time high

Don’t look now, but Microsoft (MSFT) stock is at a 14-year high and is approaching its all-time high reached just before the dot-com crash. Microsoft stock peaked on Dec. 30, 1999, at a split-adjusted price of 53.98, just two weeks before Bill Gates, the company’s iconic co-founder and CEO, stepped down after 25 years at the top to devote more time to philanthropic activities. He handed over the reins on Jan. 13, 2000, to then-company President Steve Ballmer, who would oversee Microsoft during its so-called lost decade. While CEO, Ballmer missed major industry transitions to mobile and cloud computing. During his time in charge, Apple (AAPL) rose from near bankruptcy to become a tech industry leader thanks to innovations like the iPhone and iPad. Under pressure from Microsoft’s (MSFT) directors, Ballmer announced on Aug. 23, 2013, that he would retire after a new CEO was chosen. On Feb. 4, Satya Nadella…

Technology M&A Activity Maintains Brisk Pace In Q3

The combined value of mergers and acquisitions that closed in the technology sector during the third quarter rose 9% from Q2 to $30.1 billion. There were eight billion-dollar deals in the quarter, compared with an average of six per quarter over the past 12 months, reports PricewaterhouseCoopers. Among the largest deals was Oracle’s (ORCL) $5.3 billion acquisition of Micros Systems. The quarter also included Apple’s (AAPL) acquisition of Beats

Gold Apple Watch likely to sell for $4,000 or more

Apple’s (AAPL) upcoming gold smartwatch could set you back $4,000 to $5,000, when it goes on sale next spring. That’s according to French website iGen, BGR reported Wednesday. The iGen article cited what it called a trusted source for information on pricing for the Apple Watch. The aluminum model will be priced starting at $349 and the stainless steel model will start at $500, iGen said. The Apple (AAPL) Watch will come in two screen sizes (1.5 and 1.65 inches) and three models: regular, sports and luxury. The watch bodies are crafted from custom alloys of polished or space-black stainless steel, space-gray or silver anodized aluminum and 18-karat rose or yellow gold. Some price estimates for the gold Apple Watch have gone as high as $10,000. Apple’s move into the jewelry business is great news for some, like “Gold Rush” miner Parker Schnabel, but creates competition for others, like Tiffany & Co…