Microsoft is preparing to perform a U-turn over key aspects of its much maligned Windows 8 operating system. Andrew Hill, management editor, talks to the FT's Daniel Garrahan about why the company finds itself in a situation where it might have to promote a product it has moved on from. Related Article: http://blogs.ft.com/businessblog/2013/05/will-windows-classic-be-microsofts-coke-classic/ For more video content from the Financial Times, visit http://www.FT.com/video
Provided by Business Insider's Jay Yarow The market's reaction to Apple's earnings is not good. The stock is down 3% this morning, pre-market, sending shares to $393. This drop is actually worse than it sounds.
Legendary investor Jeremy Grantham says we're headed for "a disaster of biblical proportions" because the earth has only enough resources to support a population of 1.5 billion-- just a fraction of the 7 billion already here on earth and growing. Computer scientist and former Microsoft executive Ramez Naam agrees that the world's population now is using too many resources, but he's confident that we can not only remedy the situation but enhance our standard of living through ingenuity and innovation. The author of the new book, The Infinite Resource: The Power of Ideas on a Finite Planet , tells The Daily Ticker, " "It's possible for humanity to live in higher numbers than today in far greater wealth, comfort and prosperity with far less destructive impact on the planet than we have today...We need to act but if we do act there's a bright future ahead." So on this Earth Day we look at what can be to save out planet
Provided by Business Insider Wall Street has basically given up on Apple (AAPL ). The stock has tanked more than 40% from a peak of $702 last September to a new low of about ~$401 this afternoon. The stock is also now trading at a price-earnings ratio of 9X
Not so long ago Microsoft (MSFT) was the undisputed king of technology, controlling about 90% of the market for operating systems. But as demand moved from desktops to laptops and then to tablets and smartphones, Microsoft lost its market reign to Google (GOOG) and Apple (AAPL) . A report released today by Gartner, the technology research and advisory firm, forecasts that by 2017 shipments of devices using Google’s Android operating system will dwarf shipments of Windows PCs and phones
The economy may be sluggish and the deficit swollen but the stock market apparently couldn’t care less. Both the S&P 500 (^GSPC) and the Dow (^DJI) are poised to close the quarter with double-digit gains: 10% for the S&P 500 and 11% for the Dow
Stocks were modestly lower Tuesday despite potential positive catalysts such as the latest Greek bailout, a better-than-expected durable goods report, a spike in consumer confidence and another gain in the Case-Shiller Home Price Index, which hit its highest level since October 2010. One reason for the lack of enthusiasm: Rising skepticism about prospects for a deal to resolve the so-called fiscal cliff.
Imagine losing your Gmail, Twitter, Apple ( AAPL ) and Amazon ( AMZN ) accounts in just one hour. That's what happened to Wired.com senior editor Mat Honan last August. He lost eight years worth of data and tells the tale in the cover story of Wired magazine's December issue.
Ask any non-partisan economist how this country can begin to address its debt and deficit problem, and the answer is "raise taxes and cut spending." Not raise taxes OR cut spending. Raise taxes AND cut spending.
Another Apple bull has jumped ship. Barry Ritholtz, CEO of Fusion Analytics, has been reducing his clients' positions in Apple ( AAPL ) since October and has even advised them to cut exposure to the tech giant by at least a third in their personal portfolios