As General Electric Company (NYSE:GE) continues to go back to its industrial manufacturing roots by shedding its GE Capital assets, it reported a 1Q2014 loss of $13.6 billion or $1.35 per share. Excluding the GE Capital sales, the company’s net income was $3.1 billion.
GE reported 1Q2015 revenue of $29.4 billion, down 12% from 1Q2014. GE’s oil & gas business revenue declined as did its Aviation Read more […]
For the search giant Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL), the search is on — and it’s for the Next Big Thing. While it remains the undisputed leader in web search, it has reached a plateau of growth and competitors are beginning to eat away at Google’s sources of profit.
Google Search Competition
Microsoft Bing (and Yahoo Search which is powered by Bing) have significant marketshare in the Read more […]
Not for the first time that there are rumors of Twitter Inc (NYSE:TWTR) getting acquired and they surfaced again today leading to the stock rising nearly 4%.
The supposed Twitter suitors are the usual suspects — Google and Facebook. This a day after Twitter finally released its version of the MT feature available in TweetDeck for long whereby you can add a comment while retweeting a tweet in Read more […]
Hollywood is the master of the movie franchise format and Netflix, Inc. (NASDAQ:NFLX) is learning from the masters when it extended House of Cards to Season 4. The award-winning show about the political ambitions and scheming of Frank Underwood was a complicated enough thriller with enough complexity to not get bogged down even though throwing characters under the subway train may be asking too Read more […]
Apple Inc. (NASDAQ:AAPL)’s iPad 2 And Microsoft Corporation (NASDAQ:MSFT)’s Surface 3 offer interesting alternatives to people looking for a powerful tablet. Where Microsoft Surface may win is with its Intel Atom processor, full Windows operating system and more memory than the iPad 2.
With the Surface 3, Microsoft has ditched ARM processors and gone for quad core Atom X7 CPUs with a fanless Read more […]
Apple Inc. (NASDAQ:AAPL) will return good numbers for the January — March quarter (2Q2015 for Apple) on the backs of continued demand for its latest iPhone 6 and iPhone 6 Plus, according to Citi analysts Asiya Merchant and Jim Suva. And when Apple comes out with good numbers, they tend to be extraordinary and unprecedented. Apple CEO Tim Cook had described demand for iPhones as “staggering, shattering Read more […]