Business lessons from Formula 1: Have you overloaded on talent? September 14, 2014 Paolo Aversa explains what Formula 1 can teach business about the perils of having too many star performers. You pack your team full of high-fliers and wait for profits to take-off. But instead of hitting new heights, the team spirals into a nosedive. The reason? You overloaded on talent. It sounds counterintuitive (surely recruiting [...]
Apple CEO Tim Cook explains Beats Electronics purchase in wide-ranging interview September 14, 2014 Apple chief executive officer Tim Cook has said it was the strength of Beats Electronics' subscription service that persuaded him to sign off on the $3bn (£1.8bn) purchase of the company earlier this year. In a wide-ranging interview with Charlie Rose on American network PBS last week, Cook touched on a number of topics ranging [...]
Apple reports record demand for iPhone 6 as share price levels September 13, 2014 After what must have seemed an interminable wait for the Apple fangirls and boys, the pre-order drama was over in hours. Apple says that pre-orders of the largest of its two new handsets, the iPhone 6 plus, broke records; selling out quickly and crashing websites. With iPhones roaring off the shelves, it would perhaps seem [...]
New York Report: Energy prices stop big falls September 11, 2014 US STOCKS recovered from early losses yesterday, with the S&P 500 managing a slight gain as energy prices and oil stocks turned higher and financials lent support. The Dow Jones industrial average fell 19.71 points, or 0.12 per cent, to 17,049, the S&P 500 gained 1.76 points, or 0.09 per cent, to 1,997.45 and the [...]
iPhone 6 and iPhone 6 Plus UK release date and prices: Pre-orders begin at Apple, EE, O2, Three and Vodafone September 11, 2014 Apple fans eager to get their hands on the shiny new iPhones revealed on Tuesday won’t have long to wait. Both devices are available for pre-order from today in the UK ahead of their release on 19 September. The devices can be ordered directly from Apple online as well as from the major mobile networks [...]
Apple-teaser: Are Watch, Pay and iPhone 6 enough to reinvigorate Apple? September 11, 2014 Apple Watch What’s new? Everything. The Apple Watch is Apple’s first brand new product launch since the death of Steve Jobs. It’s also the company’s first entry into the much-hyped wearable tech sector. Three different versions – Apple Watch, Watch Sport and the 18c gold Apple Watch Edition – will be available, with six additional [...]
Electronic Arts eyes Apple Watch for new games September 11, 2014 It might sound like a fiddly proposition, but games giant Electronic Arts (EA) has its eye on the Apple Watch as a potential new platform for its games. Frank Gibeau, head of EA’s mobile games division, said the company is “pretty excited” about Apple’s new product and the gaming possibilities that come with it. [...]
London Report: Flat FTSE pulled back by Scots vote and ARM September 10, 2014 BRITAIN’s top equity index made little progress yesterday as a fall in the shares of chipmaker ARM and uncertainty over Scotland’s independence vote next week pegged back the market. The blue-chip FTSE 100 index, which had fallen in the last three sessions, closed up by 1.11 points – flat in percentage terms – at 6,830.11 [...]
New York Report: Apple reverses trend sending Wall St higher September 10, 2014 A REBOUND in Apple shares yesterday helped push US stocks higher, breaking the market’s two-day string of losses. The ionone and Iand maker’s shares jumped 3.1 per cent to $101, the most actively traded on the Nasdaq, after several brokerages raised their price targets on the company. Its shares had ended down slightly on Tuesday. [...]
Wearable tech: Is it set to take over the City? September 10, 2014 Imagine the end of desks, and watches that log your billing time APPLE’S move into wearable tech this week may have disappointed investors (its shares ended the day 0.4 per cent down after the grand unveiling of its unabashedly rectangular Apple Watch), but the hype surrounding the wider wearables market has hardly dampened. NPD Group [...]