Tag Archives: msft

Apple joining the Dow seen as warning sign by some

Apple (AAPL) stock rose Friday on news that the Cupertino, Calif.-based consumer electronics leader will join the Dow Jones Industrial Average later this month. Apple will replace telecom company AT&T (T) on the 119-year-old blue-chip stock index at the close of trading March 18. AT&T has been part of the Dow Jones Industrial Average since October 1916. The much-followed index has just 30 companies. Since the Dow is weighted by price rather than market cap, Apple’s 7-for-1 stock split in June 2014 made the change possible. Apple stock was up 1% in late-morning trading on the stock market today. Some, however, see Apple’s addition to the Dow a warning flag. The Dow selection committee has a history of adding companies that are past their prime. Intel (INTC) and Microsoft (MSFT), for example, joined the index in November 1999 and have been laggards since then….

Apple's Watch Event: 3 Must-Watch Storylines for Apple Investors

Source Apple. As we turn the page to March and a long overdue spring season for New Yorkers such as me, there’s a general theme of renewal and new growth that

Sony eyes virtual reality games with Morpheus headset

Sony (SNE) is leading the current generation of video game consoles with its PlayStation 4, and next year it hopes to dominate the emerging field of virtual reality with its Project Morpheus. Sony Late Tuesday, the Tokyo-based company announced that it has sold more than 20.2 million units of its PS4 console as of Sunday, nearly 16 months after its launch. Sony’s PlayStation 4 has a wide lead over Microsoft ‘s (MSFT) Xbox One and Nintendo ‘s (NTDOY) Wii U consoles. Last month, research firm Strategy Analytics predicted that Sony’s PS4 will have a global active installed base of 80 million units by 2019, compared with 57 million for Microsoft’s second-place Xbox One.