Apple Inc shares rose more than 5 percent on Wednesday on growing expectations that the company will announce a revamped line of iPods next week. The new units may have a large touch screen similar to the iPhone.
Apple Inc shares rose more than 4.5 percent on Wednesday, fueled by excitement over the pending launch of new iPod digital music players, which could entice current users to buy upgraded models.
Nokia, the world's top mobile phone maker, unveiled on Wednesday a new online music store, new top-end handsets and a global gaming service as it takes on recent rival U.S. rival Apple.
U.S. stocks rose on Wednesday as takeover activity resurfaced and credit markets stabilized, luring investors back into riskier assets such as equities.
Apple Inc may sell more than 800,000 iPhones in the current quarter, UBS said in a research note on Tuesday. That suggested the company would easily top its own target of some 730,000.
The S&P 500 and Nasdaq rose on Tuesday as a signal that the Federal Reserve might cut its benchmark interest rate soon muted persistent concerns about withering credit markets.
Viacom Inc's MTV Networks is expected to on Tuesday announce plans to merge its online digital music offerings into a joint venture with music software company RealNetworks Inc, the Wall Street Journal reported.
Shares of BlackBerry maker Research In Motion Ltd. moved higher on Monday after another analyst said the company is undervalued at its current share price and boosted his outlook for RIM's subscriber growth.
Shares of Apple Inc. tumbled as much as 7 percent on Thursday as investors targeted the high-flying stock in a general U.S. market slide prompted by credit fears.
Orange, the mobile phone arm of telecoms group France Telecom, declined to comment on Wednesday on reports it had won the license to sell Apple Inc.'s iPhone in France.
Publisher HarperCollins said on Wednesday it would make samples from 14 new book titles available for Apple Inc's Web-browsing iPhone in a new effort to extend publishing into digital formats.
Trendy dorm furnishings and stylish cell phones should spur U.S. college students and their parents to spend nearly 9 percent more on back-to-school items this year, according to a survey released on Tuesday.
U.S. telecoms and Internet search leader Google are in an all-out air battle to shape the future of wireless communications on a soon to be available piece of airwaves real estate once television departs to go digital in 2009.
Apple Inc.'s shares rose more than 8 percent on Thursday after stronger-than-expected quarterly profits prompted a number of analysts to raise their price targets on the stock.
Apple Inc. on Wednesday said its quarterly profit rose 73 percent from a year earlier, zooming past expectations on strong Macintosh computer sales and helping to send its shares up nearly 10 percent.
Apple Inc. said Wednesday that it sold 270,000 iphones on the first weekend it was available for sale, a figure on the lower end of some initial estimates.
AT&T Inc. on Tuesday posted higher-than-expected quarterly profit on strong wireless subscriber growth, but results of the first two days of iPhone sales fell short of forecasts.
Shares of Apple Inc fell 4 percent on Tuesday after AT&T Inc issued initial subscriber numbers for customers of Apple's iPhone that were below analyst estimates.
Apple Inc. said in April it expected to announce earnings of 66 cents per share for its quarterly report due on Wednesday but Wall Street analysts are anticipating a significantly higher result.
When AT&T Inc. and Verizon Communications Inc. report quarterly results later this month, investors will be looking for proof that their expensive video strategies are starting to pay off.
Apple Inc. is expected to show a 35 percent surge in quarterly profit this week, but the focus will be on just two days: the last 48 hours of June when its highly anticipated iPhone went on sale.
Vodafone Group Plc said on Thursday it was concerned that the current model of iPhone mobile phones -- Apple Inc's latest killer gadget -- did not operate on fast 3G networks.
