Apple has just alerted the media that it plans to discuss what the company will do with its $100 billion in cash tomorrow at 9:00 AM ET. The most logical assumption is Apple >>
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A visualization of Apple’s market cap and cash [infographic]
Apple reported a monster first quarter last Tuesday that sent the company’s stock skyrocketing over the past week. Apple’s holiday quarter was the most profitable quarter ever reported by a technology company, and >>
Apple may become the first $1 trillion company [video]
Giddy over Apple’s consistent staggering growth — and seemingly giddier over the iPad — Formula Capital managing partner James Altucher believes that Apple is poised to become the first $1 trillion company. In >>
Samsung divests its hard-drive unit, sells to Seagate
Reuters is reporting that Samsung Electronics has agreed to sell its hard drive business to Seagate Technology for $1.4 billion in cash and stock. The move is seen as two pronged: first, it >>
WSJ: AT&T, T-Mobile, Verizon working on mobile payment system
The Wall Street Journal is reporting that U.S. wireless providers AT&T, T-Mobile, and Verizon Wireless are working on a joint project that aims to bring a mobile-phone payment system Stateside. Purportedly, the effort is being >>
Clearwire to cut 15% of workforce in attempt to raise ‘short-term funding’
Today, during their Q3 2010 earnings call, WiMAX network operator Clearwire announced that it would be slashing 15% of its workforce and instituting several “cash conservation measures” in an attempt to raise “short-term >>
Palm's Hail Mary to be a Sprint 4G handset?
Speculation is running rampant about the future of Palm after it lowered its guidance last week with analysts, pundits and bloggers alike offering up advice to the struggling company. One of the more >>
RadioShack goes green, launches cash for gadgets program
Back in June we told you about the updated electronics recycling program Best Buy was piloting (above and beyond their efforts already in place) and we’re happy to see other big retailers jumping >>
