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Stock Market & Financial Investment News

News For GOOG;AAPL From The Last 14 Days
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June 30, 2015
05:59 EDTAAPLGartner: Worldwide IT spending on pace to decline 5.5% in 2015
Worldwide IT spending is on pace to total $3.5T in 2015, a 5.5% decline from 2014, according to the latest forecast by Gartner, Inc. Analysts attribute the decline to the rising U.S. dollar. In constant-currency terms, the market is projected to grow 2.5%. In Gartner's previous forecast in April, it had forecast IT spending to decline 1.3% in U.S. dollars and grow 3.1% in constant currency. "We want to stress that this is not a market crash. Such are the illusions that large swings in the value of the U.S. dollar versus other currencies can create," said John-David Lovelock, research vice president at Gartner. "However, there are secondary effects to the rising U.S. dollar. Vendors do have to raise prices to protect costs and margins of their products, and enterprises and consumers will have to make new purchase decisions in light of the new prices." Communications services will continue to be the largest IT spending segment in 2015 with spending at nearly $1.5T. However, this segment is also experiencing the strongest decline among the five IT sectors. In the device market, mobile phones continue to be the leading segment, with growth in Apple phones, especially in China, keeping overall phone spending consistent. However, overall smartphone unit growth will start to flatten. The PC and tablet market continues to weaken. The expected 10 percent increase in average PC pricing in currency-impacted countries is going ahead, delaying purchases even more than expected. Excessive PC inventory levels, especially in Western Europe, need to be cleared, which will delay Windows 10 inventory in the second half of the year. Within the data center systems segment, storage and network markets are both expected to see weaker growth in U.S. dollar terms as a result of the appreciation of the U.S. dollar. Reference Link
05:32 EDTGOOG, AAPLNovartis launches first Apple Watch app for visually impaired people
Novartis Pharmaceuticals (NVS) announced the release of new features for its ViaOpta applications, and the extension for use with smart watches. The discreet, hands-free nature of using ViaOpta app with wearable devices, such as Apple Watch (AAPL) and Android Wear (GOOG), provides users with an experience that seamlessly fits into their existing routines allowing those with visual impairments to navigate daily life with even greater ease.
June 29, 2015
19:49 EDTAAPLSamsung looking to supply NAND to Apple for iPhone, AppleInsider says
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18:05 EDTAAPLApple MacBook's single USB port will prolong life of battery, Mac Observer says
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16:00 EDTAAPLOptions Update; June 29, 2015
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11:59 EDTGOOGGoogle deadline to answer EU antitrust claim extended, WSJ says
U.S. search giant Google was granted more time to respond to European Union regulators' claims that the company skews search results in favor of its own comparison-shopping service, says the Wall Street Journal. The new deadline is August 17, added the Wall Street Journal. Reference Link
11:03 EDTAAPLAnalyst says sell Qualcomm ahead of predicted price cuts
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10:54 EDTGOOGGoogle denied appeal by U.S. Supreme Court in Oracle copyright case
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09:35 EDTAAPLActive equity options trading on open
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09:14 EDTAAPLApple Music to be accompanied by iOS 8.4, Beats 1 at launch
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08:42 EDTAAPLApple estimates raised at RBC Capital
RBC Capital raised its June quarter estimates for Apple after the firm's survey and supply checks indicated better than expected iPhone demand. The firm thinks that the company's gross margins will probably stabilize in the low 40% range, which it says is well ahead of investor expectations. The firm keeps a $150 price target and Outperform rating on the stock.
07:22 EDTAAPLApple June quarter iPhone estimate raised above conensus at Citi
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07:13 EDTGOOGGoogle, Facebook competing heavily in video market, NY Post says
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06:24 EDTGOOGResearch shows Google hurts users by skewing search results, WSJ reports
New research by two U.S. academics shows that Google is harming internet users and violating competition laws by skewing search results to favor its own products and services, the Wall Street Journal reports. The study may present a “significant twist” in the European Union’s antitrust investigation into Google’s supposed anticompetitive practices, the report says. The research shows that users were 45% more likely to click on results that were ranked purely by relevance as opposed to the way Google ranks them currently, the Wall Street Journal says.Reference Link
06:19 EDTAAPLApple Music will come to Sonos speakers by end of the year, Re/code reports
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06:05 EDTAAPLNotebook demand expected to be weaker than expected in 2H15, DigiTimes reports
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June 28, 2015
19:58 EDTAAPLApple starts production of next iPhone, Bloomberg says
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19:46 EDTAAPLApple acquires fingerprint-scan patents, could be eyeing startup, CNN says
Fingerprint-scan startup Privaris has transferred 26 of its 31 patents to Apple, CNN reported Friday. The report notes that one of the patents allows the use of a touchscreen and fingerprint reader simultaneously. The move could signal that Apple is looking to acquire the company, CNN speculates. Reference Link
14:24 EDTAAPLApple Music 'unlikely to move earnings needle,' Barron's says
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12:47 EDTGOOGTech sector earnings 'melt away' when accounting for stock comp, Barron's says
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