Apple & China: Still growing strong

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After the market closed last Wednesday, Apple Inc. (NASDAQ: AAPL) reported its 2nd quarter earnings to much delight. Apple addressed a number of issues in its earnings report, including: (1)   Revenue and net income (“earnings”) per share as well as earnings forecasts for next quarter (2)   The status of its share repurchase program (3)   The […]

The Facebook IPO

Posted on Leave a commentPosted in Financial Blog

Ken Fisher calls the market “The Great Humiliator,” as it moves in ways that will humiliate the most people possible. After last week’s Facebook (NASDAQ: FB) initial public offering, his description appears to be spot-on. While pre-IPO demand for FB pushed the public offering price (POP) up to $38, shares of the company are now […]