Not much is known about Apple’s next iPhone. The much-anticipated iPhone 7 has been the subject of many rumors attempting to guess everything from the price to the release date. While hard details are hard to come by, at least one concrete fact emerged last week.Apple (AAPL) has found a new supplier for the phone’s modem chips. Instead of exclusively going with Qualcomm … [Read more...]
What to Do When Warren Buffett Buys Apple Shares?
Many investing firms have become very curious about Apple shares recently. Since Warren Buffett, the most respected investor in Wall Street, announced the purchase of a large block of Apple shares few weeks ago, has made everyone wonder “why now”? Apple has lost around 30% of its price since last year. Last public results from the company showed a decrease in total revenue and … [Read more...]
Why is Warren Buffett Buying Apple (AAPL) stocks?
Warren Buffett is taking a bite out of Apple. Buffett's company, Berkshire Hathaway, disclosed in a recent regulatory filing that it has purchased more than 9.8 million Apple shares (AAPL) during the first quarter of 2016. Berkshire bought the stock at an average price of $109 per share. Roughly a billion dollars invested sounds like a lot of money to the retail investor, but … [Read more...]
How Intel Corporation Missed the Smartphone Boat
Last week Intel Corporation announced that it has decided to lay off 12,000 of its employees, which is roughly 11% of its entire workforce. This is larger than the mass layoff in 2006 when Intel cut 10,000 jobs. The company has grown in size for most of the past decade. It reached a total employee count of 100,000 in 2011. According to the Oregon Live, Intel is Oregon’s … [Read more...]
Apple’s Greatest Challenge In the Next 10 Years (AAPL)
Apple Inc. (AAPL) has always been a keen innovator of consumer electronics. But it has slowly become a victim of its own success. Over the past decades Apple has been able to do something which almost no other company has done. It has generated huge profit margins and grew its market share to become literally the largest company in the world by market capitalization. And … [Read more...]
