Business

Why Apple Is Winning: Innovation, Opportunity and Execution

LISONG / IMAGINECHINA / AP

Thanks to a combination of anticipation and luck, Apple — which nearly went bankrupt before the last tech boom — is poised for even greater heights if it can continue to out-think, out-innovate and out-execute its competitors. Here are three major forces buoying Apple’s growth and pushing the company forward.

Netflix Horror Show: The Real Reason Shares Plunged 17%

As a purely financial matter, Netflix’s quarterly report should not have precipitated the absolute shellacking that the company’s stock suffered after-hours Monday, wiping out about $1 billion in shareholder equity.

Apple Profit Soars 94%, Stock Up 7%

So much for those Apple jitters. The Cupertino, Calif. cash machine blew past Wall Street estimates Tuesday, reporting yet another monster quarter of financial results.

Facebook Reveals New Financial Data, Spends $550M for Patent Arsenal

With its planned initial public offering just weeks away, social networking juggernaut Facebook reported that its first-quarter profit fell 12% thanks to a dramatic increase in the company’s expenses as it continues its torrid growth.

A Brief, Inaccurate History of the Mythical ‘iPhone Nano,’ 2007-Present

Steve Jobs introduces iPhone 3G

Everybody keeps expecting Apple to release a smaller, cheaper iPhone — and everybody keeps being utterly wrong.

Coming Soon to Tumblr: Ads

Tumblr

Speaking at Ad Age’s Digital Conference yesterday, Tumblr’s founder and CEO David Karp announced that the site will start featuring sponsored “Radar” posts on users’ dashboards.

I Bought Something from a Best Buy Vending Machine, and It Didn’t Go So Well

Best Buy Express

When I bought an iPhone battery from a Best Buy Express, I ended up pining for a blue shirt to rescue me.

Another Way to Save Best Buy: Make It More like Costco

President Obama at Best Buy

Maybe it’s time for the company to give up on the whole notion of a big selection and savvy customer service.

Twitter’s Promise: Unexpected Sanity in the Patent Mess

Loren Brichter Patent

Twitter says that it’s not going to use the patents it owns as weapons — at least not unless the inventors who are responsible for them grant permission.

Why Apple Stock Has Been Taking a Beating

Apple has taken a beating over the last five trading sessions, losing nearly 9% of its value – the worst performance since the fall. Profit-taking is the reason most people mention. But you have to ask: Why now?

Google Founders Exert Control Via Stock Plan as Profit Soars 61%

In a maneuver designed to cement their control, Google’s founders announced an unusual stock plan that will maintain their grip on the search giant well into the future. Wall Street greeted the proposal — company shares rose 2.4% in after-hours trading — but the plan could spook shareholder-rights advocates.