Berkshire Hathaway bought an additional 75m shares of Apple in the first quarter, while dumping its remaining stake in IBM, chairman Warren Buffett said in a CNBC interview. The Apple purchase, which would have
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With communications regulator Icasa set to hold public hearings into the subscription television market in South Africa, DStv parent MultiChoice has said a lack of new competition in the direct-to-home satellite
I’ve long been a critic of Apple, but today I give up: it’s the perfect technology company for this day and age, an example to the rest of Silicon Valley. After Apple’s latest results announcement, one could knock it yet again
Apple’s results confirmed that, while the days of double-digit smartphone industry growth are over, CEO Tim Cook has a plan to withstand the slowdown. The shares gained in late trading on Tuesday after
Apple is now exactly the company that investors slowly started to accept in recent months. Whether that is good or bad news is entirely in the eye of the beholder. What’s clear is that Apple is having trouble
Apple reported revenue and profit that beat analysts’ estimates and projected continued sales momentum, calming concern about demand for the iPhone, its most important product. The Cupertino, California-based
Apple earnings this week will confirm what most investors have finally accepted: the iPhone X didn’t live up to the hype. The results should also provide clues on the company’s next strategy for its most
Investors hunting for clues to the iPhone X’s reception can take a deeper look at its main manufacturing partners. And the latest doesn’t look good. Apple’s five largest device assemblers reported a sharp slowdown
Alphabet’s first quarter results came with a clear message to Wall Street: the company is embarking on a new spending binge to chase its biggest rivals. Google’s parent posted the strongest sales growth in almost
It was chip makers’ turn behind the tech woodshed last week as investors punished shares of the leading producers of computer hardware. Semiconductor stocks sank a third day on Friday, with losses spilling over to Apple