Consumers would have the ultimate say on success, but at least one business consultant says Apple (AAPL), Netflix (NFLX), Pandora Media (P) and other Internet streaming media companies have plenty of room to hike their prices. Per Sjofors, CEO of the pricing-strategy consulting firm Atenga, knows this is a touchy subject. “Many executives are scared s***less for increasing their pricing,” Sjofors said Friday on a conference call with Internet
Netflix (NFLX) stock fell Thursday, a day after hitting an all-time high and then reversing after billionaire investor Carl Icahn indicated the stock had peaked. Netflix dropped 2.1% to 664.43 on the stock market today. On Wednesday, Netflix hit a record high of 706.24 but closed down a fraction for the day after Icahn said he sold the last of his shares in the company — and said Apple (AAPL) now represents the same kind of opportunity to
Electric car maker Tesla Motors (TSLA) moved up to No. 1 on Massachusetts Technology Review’s 2015 “smartest companies” ranking, as gene-sequencing firm Illumina (ILMN) slipped from first place to No. 3. Apple (AAPL) and Facebook (FB), neither of which made the 2014 smartest companies list, were back on in the 2015 ranking at Nos. 16 and 29, respectively. The ranking of 50 smartest companies includes technology and non-tech companies. Tesla had been No. 2 in 2014. The other tech companies in the 2015 top 10 were: Chinese smartphone maker Xiaomi at No. 2, Alibaba Group (BABA) No. 4, Tencent Holdings (TCEHY) No. 7, SolarCity (SCTY) No. 9 and Netflix (NFLX) at No. 10. Tech companies that made the list in 2015 but fell out of the top 10 included Google (GOOGL) and Amazon.com (AMZN). Techs that fell off the list this year included privately held Dropbox, Salesforce.com (CRM) and payments …