U.S. stocks struggle for direction
U.S. stocks struggled for direction in quiet trading Monday, with many traders still on summer vacation and investors waiting for signals from the Federal Reserve about help for the economy. The Dow Jones industrial average fell to a small loss, the Standard & Poor’s 500 darted between small ups and downs, and the Nasdaq composite [...]
Apple’s stock has hit a new high after a four-month swoon, as investors are looking ahead to the release of a new iPhone model, and possibly a smaller iPad. Already the world’s most valuable company, Apple Inc. saw its stock hit $644.13 in morning trading Friday, before retreating to $642. The previous high for [...]
Continue reading …The MacSuperstore is moving from the east side of town to the University Village shopping center this fall. “We feel like we’ll be better able to serve all of Colorado Springs at that location,” said Les Molina, manager at the MacSuperstore currently located at 3646 New Center Point, just off of Powers Boulevard. “And being [...]
Continue reading …The Colorado attorney general, John Suthers, has joined a multi-state lawsuit against publishers and Apple on suspicion that they engaged in price fixing and other anti-competitive practices in the market for electronic books.
Continue reading …The U.S. government has filed an antitrust lawsuit against Apple Inc. and book publishers. It said Wednesday that the publishers conspired with Apple to raise retail electronic-book prices to limit competition. The government also filed papers saying it has reached a settlement with publishers Hachette, HarperCollins and Simon & Schuster. It says it will proceed [...]
Continue reading …iPad sales to reach 100 million this year, pushing desktops toward extinction
March 5, 2012 Comments OffApple iPad sales are expected to exceed 100 million this year and eclipse desktop computer sales within a few years. Analysts believe when Apple debuts its sharp, new, lightning-fast tablet this week, consumers will turn out in droves to purchase them, pushing sales to the milestone. The tablet was introduced in April 2010, and this [...]
Continue reading …Apple is in talks with Wal-Mart Stores about adding retail stores inside Sam’s Club discount warehouses. The news was reported in 9to5 Mac, a magazine for Apple enthusiasts. The move would expand an existing partnership between the two retailers. Sam’s Club already sells Apple’s iPhone, iPad, and iPod. The move would also expand Apple’s reach [...]
Continue reading …Apple Inc. on Thursday launched its attempt to make the iPad a replacement for a satchel full of textbooks by starting to sell electronic versions of a handful of standard high-school books. The electronic textbooks, which include “Biology” and “Environmental Science” from Pearson and “Algebra 1″ and “Chemistry” from McGraw-Hill, contain videos and other interactive [...]
Continue reading …Apple Inc. unveiled a new iPhone on Tuesday that is faster and more powerful but stops short of a more radical upgrade. It said Sprint customers will now be able to use one. The new iPhone 4S has an improved camera with a higher-resolution sensor. The processor is faster, which helps run smoother, more realistic [...]
Continue reading …Amazon CEO Jeff Bezos on Wednesday showed off the Kindle Fire, a $199 tablet computer , challenging Apple’s iPad by extending its Kindle brand into the world of full-color, multipurpose devices. Bezos also took the opportunity to show off a new line of Kindle e-readers with black-and-white screens and lower prices, further pressuring competitors like [...]
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