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All Posts Term: Technology
187 post(s) found
Technology

Apple Not Displeased With Apple Watch Sales Numbers

AppleWatch

CEO Tim Cook is comfortable with the numbers for Apple Watch

Apple is well-known not to reveal their sales figures for each product. This has left market experts wondering if the Apple Watch is a hit or a miss. The IDC has reported that they are under what the company expected. Apple's CEO, Tim Cook says that they are "just fine".

The market for wearable technology is small. There are only 4 companies. The most popular competitor is FitBit. While we don't know the sales numbers, we do know that Apple has shipped over 70% fewer units in the last year.

Technology

Cirrus Logic's High Tech Ear buds

CirrusLogic1

Current shares of stock in Cirrus Logic have seen recent surges as high as 7.5 percent, which has exceeded expectations after the company's newly released fancy ear buds have grown in popularity. This type of digital technology is expected to be paired more and more with future releases of Apple devices, and this supplier is also on track to keep supplying more audio chips to the tech giant.

Throughout 2016, the stock value of Cirrus Logic has grown by 94 percent; the trend is so far projected to continue into 2017. Among all the other companies in the Philadelphia Semiconductor Index, Cirrus is the third best performer on Wall Street so far.

With Apple's discontinuation of the standard headphone jack in the iPhone 7, the Cirrus audio chips are now standard in each set of headphones shipped with these new devices. Future releases of headphones from Apple will have even more sophisticated versions of this digital technology.

Technology

Alibaba Displays Positive Outlook At Shareholders Meeting

The Alibaba group held their annual shareholder's group last Thursday. Every year at the meeting the executive chairman, Jack Ma, issues a letter to the members of the company. This year the letter was filled with confidence and hope for the future.

The funding group aims to serve 20% of the world's population over the next two decades. The company is aimed at funding and aiding profitable companies all over the world. Ma's goal is to create 100 million jobs worldwide over the next 20 years.

These lofty goals aren't exactly out of character for the executive director. Ma had very humble beginnings in China s a teacher. He then developed his online commerce company into a worldwide leader. The company has a value of almost $250 million today.

Technology

Semiconductor Stocks Are Wild On The Market Due To IPhone And Intel News

Cirrus

Funds following semiconductor firms have had their best week in months, but it should be noted that stocks are behaving wildly with all of the technology news coming out now. VanEck and PHLX both saw gains over 4 percent in the past week, but Skyworks and Cirrus Logic might be the real winners in all of this. (I am holding a December Call option of CRUS) Skyworks is closely connected with Intel, who has recently enjoyed a large volume of trading as the company increased its revenue expectations for the quarter.

Apple's value appreciated by over 11 percent over the week, which is probably due to the large number of pre-orders of the iPhone 7. That could help to explain the 13 percent growth that Cirrus Logic enjoyed as well as the almost 14 percent gains seen by shareholders of Skyworks.

Technology

IPhone Estimates Expected To Rise During Apple's September Affair

iphone7

Apple's annual September IPhone event will begin a bit earlier than usual this year. This gives them a chance to book IPhone 7 sales before the fiscal year ends. Apple (AAPL) does not expect to have a strong fourth quarter, so this affair may help them prepare for the regression.

According to analyst reports, the IPhone is still tremendously desired among smartphone users. Due to the demand, there may be IPhone estimate hikes that surpass the current estimates put forth by experts. Not only will this benefit Apple, it will also create a good situation for major chip manufacturers such as Cirrus Logic, NXP, and Broadcom.

Many invitations went out for this highly-anticipated event on Monday. The affair will begin on Wednesday September 7 at 1pm in San Francisco. Apple will introduce three new products on this day -- a 4.7-inch IPhone 7, a 5.5-inch iPhone 7-plus, and a new compatible Apple Watch model.

Technology

New $100 Million Investment Fund By Kobe Bryant

Investment Fund By Kobe Bryant

Kobe Bryant is going the route of investing his millions after the close of his long-term basketball career.

Wall Street Journal reported that Kobe got together with Jeff Stibel (brain scientist, entrepreneur and venture capitalist) has launched a massive $100 million fund for tech companies. The two have merged and called their union the "Bryant Stibel" union. They had previously worked with about 15 companies since they started doing business together in 2013. The new firm will have a Los Angeles-based headquarters.

Both Bryant and Stibel used their own funds to invest in this venture. No one else funded the Kobe Bryant investment fund. Kobe and Jeff expect this venture to be quite profitable and last at least a few years.

Bryant believes that his decision will be fruitful, and he based that opinion on his success with social media tools and sites. He said that he felt he had a knack for identifying fruitful entrepreneurs.

Technology

What is Next For The Verizon-Yahoo Deal?

Verizon

Despite all of the unpredictability and uncertainty inherent in today's ad tech world, it's still possible for the optimum outcome to manifest. Verizon's acquisition of Yahoo's core assets is such an example.

Although the future will not necessarily be 100% rosy, it is surely the best current outcome for consumers, marketers and the industry as a whole. Verizon will certainly need to heed the lessons of poor previous mergers such as AOL - Time Warner.

Fortunately, there are many positives to focus on, such as both companies having impressive sales and industry knowledge expertise. In addition, there is the benefit of owning both production and distribution aspects of the system.

Technology

New Brazilian Startup CargoX Soars In Revenue

CargoX

CargoX is a fantastic Brazilian trucking startup company that Goldman Sachs funded with a $10 million dollar investment.

Some people are referring to CargoX as if it is a type of Uber for the trucking industry. The startup announced that it reached its $10 million goal almost effortlessly.

It is not a surprise that people refer to CargoX as being similar to Uber. Uber's founder, Oscar Salazary, had a lot to do with the startup. He was delighted to support the venture and says that he sees a great deal of potential in it because of the flawed trucking market in Brazil.

Salazar made nothing but positive statements about the start up. He said that it seemed to be a billion dollar opportunity. Information asymmetry is what he attributed to the company's potential.

Frederico Vega, the CEO of the company, said that the startup probably has a closer likeness to Airbnb than it does to Uber. Nevertheless, one of the company's main goals is to reduce costs for people who own freight. What it does is bridge the gap between truckers and businesses who need to move product. It finds truckers who have no freight in them and puts them together with the businesses that need them. This results in having two happy parties and less trucks traveling on the highways empty.

Technology

How Technology Is Transforming Wealth Management

WealthManagement

These days it only take a simple touch of a screen or button to fulfill a whole bunch of everyday functions. This might be for simple leisure-related pursuits such as dinner reservations or buying tickets to a sporting event or gig. However, more complex tasks such as wealth management and investing are also becoming fully integrated into this brave new technology digital world.

Whereas once upon a time wealth management was a highly complex activity trusted to experts, the evolution of cutting-edge software has allowed it to become much more accessible, affordable and generally consumer-friendly. This can apply to investors at the introductory stages of accumulating personal wealth as well as those at a more advanced stage.

One of the best things abut automaton is that it also includes a human advice aspect. Software can be used to guide real-life human advisors in creating guidance for consumers. This is much deeper than jut using algorithms. Indeed, so-called goals-based engagement is sophisticated and allows for individually desired investment outcomes and goal values. There is a personal touch that helps a wealth advisor to take heed of infinite market outcomes and life scenarios. Basically, technology combined with human advice means that wealth management is more holistic than ever.

Technology

Twitter Disappoints With Quarterly Earnings Report

Jack_Dorsey_2014

CEO Jack Dorsey is attempting to turn around Twitter but the latest quarter result, released Tuesday night, is no indication that will happen anytime soon. First quarter 2016 advertising revenue came in softer than anticipated. Analyst were hoping for $608 million in revenue but the company only produced $595 million. Shares tumbled after hours last night and opened up down 16% were they stayed all day (closing at $14.86), even as the overall market climbed in the afternoon.

Twitter added 5 million new users during the quarter, although Twitter is famous for having more fake accounts created than real accounts. The company also stated that 310 million users are active each month. The is an improvement over user sign-ups and activity from prior quarters. The popular social media site ranks second in media attention behind only Facebook.

FaceBook

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