AT&T Inc on Thursday posted a smaller-than-expected drop in quarterly profit as strong sales of Apple Inc's iPhone helped boost wireless subscriber growth.
AT&T Inc on Thursday posted a smaller quarterly profit but revenue exceeded estimates as strong sales of Apple Inc's iPhone helped boost wireless subscriber growth, sending its shares up 4 percent in early trade.
The Nasdaq rose on Wednesday for the 11th straight day, buoyed by solid profits from Apple Inc and Starbucks Corp , while disappointing bank results and declining energy shares weighed on the broader market.
The Nasdaq rose on Wednesday for the 11th straight day, buoyed by solid profits from Apple Inc and Starbucks Corp , while disappointing bank results and declining energy shares weighed on the broader market.
The Nasdaq rose on Wednesday for the 11th straight day, buoyed by solid profits from Apple Inc and Starbucks Corp , while disappointing bank results and declining energy shares weighed on the broader market.
A Chinese worker committed suicide in Shenzhen, South of China on July 16 on learning he was suspected of leaking company secrets. The incident sparked a web firestorm in China and has provoked criticism of Apple's intensely secretive culture.
Apple Inc said it was awaiting results from an investigation into the death of a worker in China, after media reports said the man killed himself on learning he was suspected of leaking company secrets.
Stocks rose on Tuesday as a solid profit from Caterpillar Inc overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the recent earnings-fueled run-up.
Apple Inc's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, boosting its shares 4 percent on Tuesday.
On Tuesday, Apple Inc said that its 15 percent jump in third-quarter profit was led by iPhone and Macintosh Computers sales.
Barnes & Noble Inc unveiled on Monday what it called the world's largest online bookstore, taking on Amazon.com Inc with over 700,00 titles readable on devices such as Apple Inc's iPhone.
A worker from iPhone Plant in China committed suicide after an iPhone prototype went missing, a report confirmed by Apple.
Apple Inc's quarterly profit blew past Wall Street forecasts thanks to strong sales of Macs and iPhones and higher-than-expected gross margins, sending its shares up more than 3 percent on Tuesday.
Stocks rose on Tuesday as a solid profit from Caterpillar Inc overcame some uneasiness about the company's outlook for the current quarter, but the gains were limited as some investors paused following the recent earnings-fueled run-up.
Apple Inc reported higher-than-expected quarterly results, fueled by robust sales of the iPhone, sending its shares up more than 2 percent on Tuesday.
The Dow rose on Tuesday as a solid profit from Caterpillar Inc eclipsed unease about the company's outlook for the current quarter, while both the Nasdaq and the S&P 500 clung to tiny gains after a round of profit-taking.
Research In Motion Ltd said on Monday Nortel Networks had effectively blocked the BlackBerry maker from bidding potentially $1.1 billion for the bankrupt Canadian company's wireless business.
Bernanke to Testify, Energy Bill Debate Continues, Apple to report reults
Apple, the iPhone maker, is scheduled to report their fiscal third quarter 2009 results after the market closes on Tuesday. Analyst estimate between $1.02 earnings per share to a high of $1.31, with a consensus estimate of $1.15.
Top U.S. bookseller Barnes & Noble Inc announced on Monday the launch of the world's largest online bookstore, with over 700,000 titles that can be read on a range of platforms from Apple's iPhone to personal computers.
Corrects sixth paragraph to reflect that Sony had earliest e-reader launch, not Amazon
CIT Saved, Stability for economy, Smart Grid Funds