Gizmodo Australia » stocks

It’s Not A Good Day To Be A GPS Manufacturer

Adam Frucci — Wed, 28 Oct 2009 17:09:07 +0000

Google’s free GPS feature on Android 2.0 is great news! Unless you’re the fine folks at Garmin and TomTom, in which case, oh shit. [Engadget]

Apple Stock Hits All-Time High, Flaunts Recession

Dan Nosowitz — Thu, 22 Oct 2009 03:58:00 +0000

Apple’s stock has hit a personal high for the company at $US205.04 per share, up from its previous high of $US202.96 back in 2007. The company’s overall value is rated at $US183 billion (Microsoft is $US236 billion, in comparison). [BusinessWeek]

Chart Of The Day: Google’s Massive Cash Flow In Context II

The Business Insider — Fri, 16 Oct 2009 22:46:38 +0000

Google turned in another solid quarter yesterday, with free cash flow coming in at $US2.5 billion. Think about it: that’s a $US10 billion run rate for a company that didn’t exist 10 years ago.

How does that stack up to other companies? It’s still not close to Microsoft, but it’s pulling away from Time Warner. Here’s an update from our April chart.

Note: We’ve used analyst estimates for Q3 for Microsoft and Time Warner.

Puma Index Application Strips Girls As Stocks Go Down

Jesus Diaz — Tue, 22 Sep 2009 21:20:00 +0000

Your Apple stock has taken a dive because His Steveness got a cold? Is Motorola’s crashing once again? Fret not, because the Puma Index iPhone application is here to cheer you up, with plenty of naughty bits. For free.

The economic crisis never was so nice and hard at the same time. [iTunes Store]

SEC All Up In Apple’s Business For Possible Illegal Insider Stock Trading

Matt Buchanan — Mon, 31 Aug 2009 22:08:05 +0000

The SEC is all up in Apple’s business again, this time over suspicions that some illegal trading may have gone down using insider information in regards to “three particular Apple-related developments”. HuffPo’s Dan Dorfman points at someone getting an “illegal lead” on iPod sales, true knowledge of Steve Jobs’ health, and when Apple was gonna release info about those two things. Hmm. [HuffPo]

Even More Head-Scratching Apple Analysis From CNBC

Jack Loftus — Sun, 21 Jun 2009 20:00:00 +0000

Additional Apple-related shenanigans from CNBC as they report on Apple stock “tanking” in January following Steve Jobs’ poor health:

Apple’s stock had tanked in January, falling as low as $US78.20, when Jobs said he had a hormone imbalance and the company announced that its founder would be taking a six-month medical leave. It has since made a choppy comeback as concerns about his health persist.

Thing is, as John Gruber accurately notes with a simple Google Finance chart, that isn’t entirely true.

To say this kind of odd Apple reporting from CNBC is “something new” would also be, of course, not entirely true. [CNBC via Daring Fireball via BBG]

Jon Stewart vs Jim Cramer on Manipulating Apple Stock

Brian Lam — Fri, 13 Mar 2009 05:02:23 +0000

It’s been interesting watching the CNBC’s bad habits come under fire by the mighty Jon Stewart. Gawker’s got a clip of Cramer as he appears on The Daily Show tonight, where Jim Cramer is quoted talking about manipulating Apple stock.

Cramer listens, and doesn’t defend himself too much, which is admirable. Watching this is especially interesting for me because a few weeks ago, we took some shots (counterpunches, really) against CNBC Silicon Valley Bureau chief Jim Goldman’s reporting. Maybe it’s not them. But maybe it’s the network and TV news in general. [Gawker, Jon Stewart is My Hero]

Microsoft Songsmith Cheerily Documents the Collapse of the World Economy

Gizmodo US Edition — Sat, 31 Jan 2009 23:00:00 +0000

Microsoft’s inherently-ironic Songsmith software is such a goldmine. Here, some jokester has turned those stock market frowns upside-down by setting them to Songsmith’s relentlessly upbeat Casiotone beats.

If this doesn’t put a smile on your face, you’re probably not closing your eyes hard enough. [YouTube, thanks Hendrik!]

Palm Stock Jumps 34.85% On Palm Pre News

Jesus Diaz — Thu, 08 Jan 2009 23:00:00 +0000

Despite the stupid Pre name, Palm has jumped up $US1.15 to $US4.45. Doesn’t look like a lot, but that’s 34.85%, which is like a 1,548% in the Investors Confidence Index, and 543% in dog years.

Microsoft Stock Hits 10-Year Low

Mark Wilson — Tue, 18 Nov 2008 12:15:00 +0000

After a Jefferies Group analyst cut Microsoft’s 2009 revenue forecasts, Microsoft’s stock fell to its lowest levels since 1998.

The projections were reduced due to “downward pressure on PC unit sales”, not Vista or lawsuits. And indeed, when you study Microsoft’s decline the past few months that’s right in line with the S&P 500, it’s tough to blame anything but the generally crappy economy. [Seattle PI and Yahoo]