Corporate Raider Carl Icahn wants Apple to increase
its share buyback program but Bill Gross insists Icahn should do something more
for the people and not just himself. The two are now duking it out on Twitter
Monday, 28 October 2013
I-Cahn Cook up a Gross Mexican Standoff
Friday, 4 October 2013
Is There any Season for BlackBerry?
After
selling itself out, will BlackBerry be limited to enterprise services only?
BlackBerry Limited (BBRY) has been
in shambles for some time now. The reason: they jumped too late on the
consumer-oriented smartphone bandwagon. The smartphone revolution was started
by the iPhone, and it was successful precisely because it was easier to use,
and was not focused towards corporate professionals only.
Amusingly, when the first iPhone was
launched in 2007, Jim Balsillie, the CEO of BlackBerry back then, commented
that the iPhone is “kind of one more entrant into an already very busy space
with lots of choice for consumers … But in terms of a sort of a sea-change for
BlackBerry, I would think that’s overstating it.”1 If only Balsillie
knew that the iPhone would soon be hailed as revolutionary, and that BlackBerry
would suffer financial losses, leading to an eventual buyout at a depressed
valuation. BlackBerry’s stock price trend shows how the company, once renowned
for its smartphones, has slipped almost into oblivion. From a peak of $144.45
on 18th July 2008, the company is currently trading below $10. Read more
Amusingly, when the first iPhone was
launched in 2007, Jim Balsillie, the CEO of BlackBerry back then, commented
that the iPhone is “kind of one more entrant into an already very busy space
with lots of choice for consumers … But in terms of a sort of a sea-change for
BlackBerry, I would think that’s overstating it.”1 If only Balsillie
knew that the iPhone would soon be hailed as revolutionary, and that BlackBerry
would suffer financial losses, leading to an eventual buyout at a depressed
valuation. BlackBerry’s stock price trend shows how the company, once renowned
for its smartphones, has slipped almost into oblivion. From a peak of $144.45
on 18th July 2008, the company is currently trading below $10. Read more
The Smartphone Industry – Is it Getting Any Smarter?
The Smartphone Industry
Cellphones, once
considered a luxury, are now a necessity for almost everyone. They have evolved
from big, bulky, basic phones to highly sophisticated communication and
entertainment devices. They are now capable of helping users make sophisticated
decisions with the help of the cutting-edge technology embedded in them.
Apple
Inc. (AAPL), more specifically the late Steve Jobs, is heralded as the
pioneer of smartphones. Apple’s iPhone was introduced in 2007, and it
revolutionized the cell phone industry and the world. The iPhone, with its
completely touch- and gesture-based user interface, transformed the entire
smartphone ecosystem. Read more
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