Poornima's Feed
Sep 23, 2013
Sep 23, 2013

Sales of new iPhones top forecast, Apple polishes forecast

By Poornima Gupta and Jennifer Saba

(Reuters) – Apple Inc sold a higher-than-expected 9 million iPhone 5s and iPhone 5c models in the first three days following their Friday launch, prompting the company to issue a more optimistic financial forecast.

Apple shares rose 4.5 percent to $488.64 in early trading on Monday following the news.

Sep 20, 2013
Sep 20, 2013
Sep 20, 2013
Sep 20, 2013

Throngs greet Apple’s newest iPhones, gold color sells out

By Poornima Gupta and Neha Alawadhi

(Reuters) – Thousands of iPhone enthusiasts queued up at Apple Inc stores around the world on Friday as two new models of the smartphone went on sale, but Apple’s shares ended slightly lower as investors wait for initial sales figures, due as early as next week.

Long lines formed outside stores in Sydney, Tokyo, New York, San Francisco and other cities as Apple broke with tradition and launched two iPhone models – the new top-of-the-line 5S and the less-expensive 5C – on the same day.

Sep 20, 2013
Sep 19, 2013
Sep 12, 2013
Sep 12, 2013

Michael Dell, Silver Lake win shareholder OK for $25 bln buyout

AUSTIN, Texas, Sept 12 (Reuters) – Michael Dell clinched
shareholder approval on Thursday for his $25 billion offer to
buy and take Dell Inc private, ending months of
conflict with the company’s largest investors and removing the
uncertainty surrounding the world’s No. 3 PC maker.

Shareholders cast their votes at a special meeting on
Thursday morning in Austin, Texas. Based on preliminary results,
the buyout won their go-ahead and the deal is expected to close
before the end of Dell’s fiscal third quarter.

    • About Poornima

      "Poornima Gupta writes about technology out of San Francisco, covering consumer and enterprise device makers Apple, HP and Dell. She previously spent five years in Detroit covering the crisis-ridden U.S. automotive sector that resulted in two of the biggest bankruptcy filings in the industrial world. She won a SABEW award for reporting on the failed merger between GM and Chrysler, and their negotiations with the federal government."
    • More from Poornima

    • Contact Poornima

    • Follow Poornima