Archive | March 6th, 2013

Citigroup lowers Apple’s Q2 forecast citing weakening iPad and iPhone demand

6. March 2013

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The bad news keeps poring in for Apple. Sure, the company continues to post record breaking profits seemingly every quarter, but the buzz on Wall Street is that Apple may have peaked, thanks in part to the increased success of Samsung’s lineup of Galaxy smartphones. Earlier today, Citigroup issued a lukewarm reports regarding Apple’s sales […]

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Swatch CEO Nick Hayek doesn’t believe Apple’s iWatch will usher in a revolution

6. March 2013

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The latest info from the rumor mill suggests that Apple’s iWatch is very real and is on target to launch sometime in 2013. Recently, Citibank analyst Oliver Chen explained how the global watch market may ultimately prove to be much more lucrative for Apple than the HDTV market because of the healthy margins associated with […]

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