As Netflix plans an international expansion spree, it’s worth asking if investors are being too optimistic about its future growth prospects — presumably, the current high valuation of the Netflix stock is predicated on future earnings growth.
But it seems Netflix’s current market capitalization of $40 billion is already quite close to a reasonable limit in terms of sales multiples or next year’s Read more […]
Twitter CEO Richard Costolo is leaving the position of CEO on July 01. Jack Dorsey, a Twitter Co-Founder and CEO of payments company Square Inc. will replace him as interim CEO.
Twitter’s Securities and Exchange Commission (SEC) filing announcing Mr. Costolo’s ‘Employment End Date.’
Twitter’ SEC filing announcing Read more […]
This is the week of the Worldwide Developers Conference(WWDC) for Apple Inc. (NASDAQ:AAPL). And Apple is planning changes to its decade-long pricing ratio for digital media and purchases from the Apple App Store.
The Financial Times of London reports that Apple is discussing new rates with media companies. This would apply to new Apple platforms such as its anticipated Apple TV update as well as Read more […]
Apple Inc. (NASDAQ:AAPL) is taking its smartwatches to more countries even as demand outstrips supply so far — the Apple Watch will start becoming available in Apple Retail stores only about two weeks from now.
The Apple Watch will be launching in seven more countries on June 26 and above all they will be launching in Switzerland, the home of legendary, luxury timepieces that are passed on from Read more […]
In an unusual move, Apple Inc. (NASDAQ:AAPL) issued a voluntary recall of its Beats branded speakers.
The recall applies to Beats Pill XL speakers and is on account of the battery overheating in rare cases which may pose a fire safety risk.
Apple has asked customers to stop using the Beats Pill XL speakers. This affects more than 200,000 speakers sold in the U.S. and more than 10,000 speakers Read more […]
Apple Inc. (NASDAQ:AAPL) may or may not building HDTVs and may or may not build electric cars with autonomous driving capability in the future.
That would appear to be the sensible thing to bet on when it comes to the overactive Apple rumor mill.
Apple Electric Vehicles (EVs)
Electric vehicles have become sexy these days, largely thanks to Tesla’s Model S sedans that appeal to a certain affluent Read more […]