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apple Archives - Invest Smart https://invest-smart.org/tag/apple/ Asset Protection and Investment News Wed, 08 May 2013 19:48:46 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.4 Wall Street Notches Fifth Consecutive Day of Gains https://invest-smart.org/wall-street-notches-fifth-consecutive-day-of-gains/ Wed, 08 May 2013 19:47:57 +0000 http://invest-smart.org/?p=654 JPMorgan Chase & Co (JPM.N), Whole Foods Market Inc (WFM.O), and several others notched impressive gains at the close of the market yesterday, underscoring the fifth straight day of gains for Wall Street. Technology stocks also fared well, with Apple (AAPL.O) gaining nearly a full point by close of day.

Bruce Zaro, chief technical strategist at Delta Global Asset Management in Boston stated that now that the earnings season has passed, the market may slow down a bit in response.

“Now that earnings are over and done … there’s no real fundamental reason to buy stocks,” he said.

After results from more than 440 companies streamed in yesterday, the earnings reports were a bit healthier than had been previously predicted. Most companies actually outdid analytical estimates for their earnings reports this quarter.

The Dow Jones industrial average .DJI was up 19.96 points, or 0.13 percent, at 15,076.16. The Standard & Poor’s 500 Index .SPX was up 3.49 points, or 0.21 percent, at 1,629.45. The Nasdaq Composite Index .IXIC was up 9.61 points, or 0.28 percent, at 3,406.24.

One of the biggest winners of the day was Google Inc (GOOG.O), which gained 1.5 percent by close of day, leveling out at $870 per share.

Walt Disney Co (DIS.N) reported earnings that impressed investors, with revenue that had increased 10 percent this season. In spite of those gains, the shares dipped slightly, and were down 0.8 percent by close of day at $65.52.

“It was a great quarter for the parks, it really was,” Chief Executive Robert Iger said in a conference call with investors. “In an economy that is seeing slight improvement, this bodes very well for our future.”

Disney has gained more than 50 percent over the past six months, mostly fueled by its interest in ESPN, and its media buyers from its major outlet found in ABC. Operating income from its major vested cable network, ESPN, increased by $224 million to $1.7 billion. Income from ABC was up 5 percent at $5 billion.

“There’s more certainty as it pertains to ESPN than just about any of our other businesses, which is a good thing,” Iger added. “ESPN is in great shape, and even better as new distribution deals kick in. We think ESPN’s future in terms of its growth trajectory is quite good.”

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Could the Next-Gen iPhones Have Been Previously Designed by Steve Jobs? https://invest-smart.org/could-the-next-gen-iphones-have-been-previously-designed-by-steve-jobs/ Wed, 03 Apr 2013 19:09:50 +0000 http://invest-smart.org/?p=553 Everyone knows that there is the iPhone 5, and the forthcoming iPhone 5s, as per Apple’s two model production line standards for this popular smartphone series. However, what is little known is that Steve Jobs actually designed the iPhone 4 and 5 models, and their features and functionalities, long before his passing.

The least likely of sources is to thank for revealing this revelation. San Francisco District Attorney George Gascon claims to have obtained this information when conducting research with various makers of cell phones in Silicon Valley, according to a recent article that was posted by the San Francisco Chronicle.

“I am disheartened by what I saw as a lack of commitment toward hardware solutions to the problem, such as ‘kill switch’ for the stolen devices,” he explained in the article.

According to a spokesperson for Apple, they stated that these fail safes were not able to be added to the next two models. The reason being: the current models iPhone already been created, tested and developed by Steve Jobs himself.

Apple’s government liaison, Michael Foulkes, confirmed the information.

So does this mean that users will still have to rely upon an added downloadable application to put a kill switch on their iPhone, simply because the current two models have already been developed by Jobs?

Seemingly, this is a rather silly notion. Phone makers add and remove features all of the time to their models, before, after and even during production cycles. Is Apple simply holding out on a key feature that users really want, just so they can tout in the iPhone 6 model line?

According to the technology rumor mill, the iPhone 5s (its assumed name) is set to be unveiled at a June event, and is slated to go on sale some time during July.

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