Technology


Apple's quarterly sales fall, but forecast calls for gains

Apple's shares were down 2.1 percent at $115.75 in after-hours trading on Tuesday. App Store revenue is still growing, Cook stated, and Music revenue went up by 22%. "We remain very confident about the future of our services business given the unmatched level of engagement, satisfaction and loyalty of our growing installed base", CEO Tim Cook said in a conference call transcribed by Seeking Alpha .


Apple Delays AirPods, October Launch No Longer Happening

Apple Delays AirPods, October Launch No Longer Happening

Apple is apparently delaying the AirPods release because the product is not ready yet, so it's taking more time to smooth things over before bringing the headphones to market. The spokesperson did not share more details about the AirPods , so it isn't clear if the delay is due to hardware problems or software bugs. It's absolutely unclear at this point what the root cause of the delay is.



AT&T says new streaming service will cost $35 a month

Originally scheduled for release on October 25, the third-quarter results were also announced on October 22, just after the Time Warner deal was revealed. With the rise of online and mobile video streaming services, the promise of sending different ads to different viewers appears attainable, starting a race among established media brands.


Watch List: Microsoft Corporation (NASDAQ:MSFT)

Watch List: Microsoft Corporation (NASDAQ:MSFT)

The highest achievable sales estimated by the analysts are $23,731.00M while lowest reachable sales target of $22,350.00M calculated by analysts. The stock of Microsoft Corporation (NASDAQ:MSFT) earned "Underperform" rating by Jefferies on Friday, January 29.


Verizon Communications Inc. (NYSE:VZ) revenue drops as subscriber additions disappoint

Verizon Communications Inc. (NYSE:VZ) revenue drops as subscriber additions disappoint

More notable recent Verizon Communications Inc . Aside from the company's lower-than-expected revenue, VZ stock shareholders were also not pleased with its subscriber growth. This represents a $0.05 dividend on an annualized basis and a dividend yield of 0.10%. In related news, EVP Craig L. Silliman sold 672 shares of the business's stock in a transaction dated Wednesday, July 27th.


Rouhani: Iran backs efforts aimed at stabilizing oil market

Rouhani: Iran backs efforts aimed at stabilizing oil market

He went on to comment the United States "claims it has had democracy for more than 200 years", but the present situation indicate that "the morality has no place" there. President Rouhani told the crowd in the western Iran city. He faces an uphill battle against conservatives who dislike his overtures to the West and say the nuclear deal has failed to bring significant economic benefits to Iran.