Tag Archives: aapl

Apple iWatch a wildcard for WWDC debut

At its annual Worldwide Developers Conference next week, Apple is expected to detail its next operating systems for mobile devices and personal computers. But it could surprise attendees with a preview of an iWatch smartwatch, Nomura analyst Stuart Jeffrey said in a research note Friday. Apple’s five-day WWDC in San Francisco kicks off Monday with a keynote presentation by Apple executives. As usual, the subject matter is a secret. Most analysts expect Apple (AAPL) will stick to software announcements in the presentation, focusing on iOS 8 and a new version of Mac OS X.

IDC Slashes Tablet Forecast After iPad Sales Stutter

Apple (AAPL) and other tablet makers will see slower sales than previously expected in 2014 as large smartphones bite into the tablet market. Consumers worldwide are expected to buy 245.4 million tablets this year, IDC says. That’s a 12.1% increase, but the research firm slashed its forecast from 260.9 million. IDC lowered its forecast in part due to rising consumer interest in smartphones that have screens that are larger than 5.5 inches, devices

Apple investors applaud $3 billion Beats purchase

Apple investors reacted positively Thursday to the official news that Apple is indeed buying Beats Electronics. Apple (AAPL) shares were up nearly 1%, near 629, in midday trading on the stock market today. Word of a possible Apple acquisition of Beats first leaked in early May. Apple confirmed the deal late Wednesday. Apple has agreed to pay $3 billion for Beats Electronics, a leading maker of high-end headphones and portable speakers, and Beats a subscription streaming music service. When news first hit about a possible deal, investors expressed concerns that Apple was overpaying for Beats and that it was a sign of waning innovation at the Cupertino, Calif.-based company But investors now seem to like the deal, which adds a new accessories business and a different type of music service to Apple’s lineup. Apple stock is up nearly 20% since April 23 when Apple reported stronger-than-expected fiscal Q2 results, along…