Tech stocks fired up on Nasdaq after Apple posts 22 per cent revenue jump October 27, 2015 Tech stocks dominated the top ten most active on Nasdaq in after hours trading, with Apple leading the way. After the group revealed that revenue had risen 22 per cent to $51.5bn (£33.7bn), shares in the tech giant rose by three per cent, before dropping back down. Microsoft was down by 0.15 per cent, while [...]
Apple Watch sales break-down remained elusive in Apple’s full year results October 27, 2015 Apple may have announced record revenues thanks in part to a 22 per cent increase in iPhone sales, but the much-vaunted Apple Watch did not get a mention in the results as many had hoped it would. The last quarter results over the summer were supposed to be the first chance to see how the [...]
Apple share price rises thanks to record revenues but iPhone sales are less impressive October 27, 2015 Apple shares closed down 0.63 per cent but rose 2.88 per cent in after hours trading thanks to record results that beat expectations. The figures Apple reported revenue for the last three months rose 22 per cent, to $51.5bn, from $42.1bn this period last year, while net profits hit $11.1bn, up from $8.5bn. Earnings per share were $1.96, up from [...]
London Irish v Saracens to be played in New York as Aviva Premiership Rugby lands in America October 27, 2015 London Irish and Saracens will play each other in New York in the Aviva Premiership's first ever overseas fixture. The two London clubs will swap the Big Smoke for the Big Apple on Saturday 12 March, with the Exiles' home fixture set to be staged at the 25,000 capacity Red Bull Arena, home of the New York [...]
Apple weighs on Wall Street before results – New York Report October 26, 2015 Energy shares dropped with oil prices yesterday and Apple retreated a day before its quarterly results as the Dow and the S&P 500 edged lower. The Dow Jones industrial average fell 23.65 points, or 0.13 per cent, to 17,623.05, the S&P 500 lost 3.97 points, or 0.19 per cent, to 2,071.18 – but the Nasdaq [...]
US GDP data likely to push back Fed hike – eToro Tips & Picks October 26, 2015 Global markets and investors will be focusing on the US this week, as we could get further clarity on when the first rate hike will come from the Fed. This week’s US GDP reading is expected to show that the US economy grew less than predicted, and this will more or less cement the [...]
Fed minutes and Apple’s figures in focus – New York Report October 25, 2015 Another busy week beckons,with the Federal Reserve holding a policy meeting, a plethora of big-name companies posting quarterly financial results, and a number of key economic reports are released. Investors will be paying close attention as the Federal Open Market Committee reveals its latest policy statement on Wednesday. Wall Street does not view it as [...]
RationalFX and Xendpay founder Rajesh Agrawal on Apple Pay, Masai warriors and the future of banks October 25, 2015 When I get the Tube, I always pay using my Apple Watch,” says Rajesh Agrawal. The Indian-born entrepreneur and philanthropist doesn’t exactly need to take the Jubilee Line to work – in The Sunday Times Rich List 2012, he was estimated to be worth around £90m. But making money has never been the aim: “look [...]
Post-iPhone 6s and 6s Plus launch: What to expect from Apple’s fourth quarter – earnings could send Nasdaq 100 to new high October 25, 2015 Apple is expected to get a nice earnings boost in the fourth quarter from the debut of the iPhone 6s and 6s Plus in September. Here's what to expect on Tuesday. The figures Earnings per share for the three months to the end of September are expected to come in at around the $1.87/$1.88 mark, up on [...]
Facebook shares have tipped over $100 a share for the first time ever October 23, 2015 Facebook shares have edged over the $100 per share mark for the first time ever today. Shares were trading 1.03 per cent up at $100.70 per share in mid-morning trading in New York. Earlier in the day Facebook's stock rose 2.5 per cent to $102.15 per share. Facebook's IPO price was $38 a share. Read more: Facebook's iOS app is [...]