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Tag: investors

Icahn's AAPL buyback advice could benefit Apple quickly, significantly

An analysis by Deutsche Bank's Chris Whitmore shows a potential US$50 billion stock buyback would boost Apple's earnings per share by as much as $4.25 in 2014, AppleInsider reports. This comes in the wake of a meeting last week between Tim Cook and investor Carl Icahn where the possibility of...

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Paper for iPad developer receives $15 million in funding

What do you do when your one and only iPad app is a runaway success? If you're FiftyThree, the development firm behind the beautiful journal / art app Paper (free, many in-app purchases available), you get funding for expansion into new areas. FiftyThree announced today that it received US$15...

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Pebble receives $15 mil in funding, releases SDK and Sports API

The company behind the Pebble smartwatch, which not only looks awesome but connects up to your iPhone, has picked up US$15 million in funding from venture capitalists, and has released yet another version of its SDK. The funding is obviously a solid chunk of change, and should help Pebble not...

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Fortune: Apple may see first quarter of negative income growth since 2003

Apple investors may want to brace themselves for an onslaught of negative headlines when Apple reports its Q2 2013 earnings in the coming month. According to Philip Elmer-DeWitt of Fortune's Apple 2.0 blog, Apple is expected to report its first year-over-year decline in income in 10 years. Much...

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Apple investors 'return to senses' with big rally today

A massive sell-off in Apple shares that's been going on for about eight weeks now appears to have been nipped in the bud with a rally from Friday's close of US$527.68 to a high around $560. While the news out of Washington, DC about possible action on the upcoming "fiscal cliff" appears to be...

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New TechCrunch app combines the best of TechCrunch and CrunchBase

TechCrunch took its popular iPad app, shrunk it down and ported it to the iPhone. The essential research app for tech entrepreneurs shares the same features as the iPad version, but has a UI that's optimized for the iPhone's smaller screen. You can read breaking news stories, follow what top...

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Discovery Bay Games raises $15M for iOS "Appcessories"

Seattle-based Discovery Bay Games, a board game company turned iOS accessory maker, announced today it has raised $15 million in Series B funding, according to a report in TechCrunch. Big name investors include accessory maker Logitech and Trilogy Equity Partners, an investment firm led by...

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Chinese customers investing in Apple's suppliers

It's a gold rush in China as investors line up to cash in on Apple's success by buying up shares in Apple's Asian suppliers, says a report in Reuters. Chinese law prevents investors from buying Apple directly, so many are turning to firms Apple mentioned on its recent supplier list. Even...

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Peel iOS remote raises $16 million in funding

We've posted about the Peel universal IR remote before. It's an interesting setup using a third-party unit that looks almost like a pear, designed to fit right into your living room wirelessly. It connects to an iOS app and turns your iDevice into a universal remote for any other units you...

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Two years after Fred Wilson dumped AAPL...

We all make predictions that don't turn out as planned. For example, this morning I said I'd have a few beers, enjoy a barbeque in the sun with friends and perhaps go to the cinema tonight. Turns out I have two daughters under the age of 3, so there went my day. But at least I'm not kicking...

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Y Combinator is seeking iPad app developers

Y Combinator is a relatively famous tech startup firm, a company that invests in startup companies on a regular basis, both to encourage innovation and of course to pick up a tiny share of the equity. Their latest RFS (or Request For Startups) has them asking specifically for companies interested in...

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Shazam picking up investors, boasts 50 million users

Shazam is one of the first apps I actually used in context on the iPhone, and while we haven't heard much about the app since it debuted way back in the early days of the App Store, apparently the company itself has been blowing up, thanks to the free app. They've picked up a nice round of...

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Jobs reassures Apple investors

With Apple's stock plummeting from just shy of $200 to $130.01, as of closing today; AppleInsider is claiming to have gotten a copy of Steve Jobs' letter to investors that he issued last week. In the letter, Jobs urged investors to "Hang in there." "Wow... what a remarkable last few days," Jobs...

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Why did Apple drop the price?

I think there's no question by now what the biggest announcement yesterday was. The iPod Touch is cool, and the new CoverFlow interface will definitely make some music listeners happy this holiday, but since the end of the announcement, the biggest splash has come from the iPhone's price drop. Why...

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