'Goldman Sachs'

Apple’s next iPhone launch could be most important in smartphone history

By: |Apr 18th, 2012 at 01:10PM
Filed Under: Business, Mobile
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Apple’s iPhone 4S marked the biggest device launch in the company’s history. A number of industry watchers and news sites were expecting a completely redesigned handset, but despite the new model’s striking resemblance to the iPhone 4, it sold more than 4 million units in its debut weekend alone. According to Goldman Sachs analyst Bill Shope, Apple’s next smartphone launch will be even bigger. Read on for more. (more…)

Live: Apple CEO Tim Cook speaks at Goldman Sachs tech conference

By: |Feb 14th, 2012 at 03:25PM
Filed Under: Business
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Apple chief executive Tim cook is scheduled to speak at Goldman Sachs’s annual Technology and Internet Conference on Tuesday, and Apple is streaming the CEO’s presentation live on its site. Cook has spoken at the conference numerous times in the past and while more exciting announcements are scheduled to take place a few weeks from now, the executive will likely cover a number of interesting topics while discussing his company — the most valuable company in the world — and the state of technol...

Breaking

Facebook reportedly plans IPO filing for Wednesday

By: |Jan 27th, 2012 at 01:35PM
Filed Under: Breaking, Business
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Facebook plans to file for its initial public offering as soon as Wednesday next week according to multiple reports from Dow Jones Newswires. Morgan Stanley is expected to win the deal to lead the highly anticipated IPO, and Goldman Sachs is also reportedly expected to play a role. According to Dow Jones Newswires, Facebook is currently looking at a valuation between $75 billion and $100 billion. Following next week’s anticipated filing, it will still be several months until the company goes public. The...

Amazon to sell 6 million Kindle Fire tablets, 8 million eReaders in Q4

By: |Dec 13th, 2011 at 03:35PM
Filed Under: Business, Tablets
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Amazon’s Kindle Fire is a smash hit, with fourth-quarter sales that may exceed even the most lofty estimates reported ahead of the tablet’s recent launch. In just over six weeks of availability this quarter, analysts at Goldman Sachs estimate that Amazon will sell as many as 6 million Kindle Fire tablets. Add to that another 8 million Kindle-branded eBook readers the firm sees Amazon selling between October and the end of this year, and the retailer looks to be in store for a huge holiday quarter....

iPad demand said to be fading as competition heats up

By: |Nov 15th, 2011 at 11:15AM
Filed Under: Business, Tablets
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Demand for Apple’s iPad tablet is said to be in decline as competition finally heats up thanks to the $199 Kindle Fire from Amazon, and investors could be in for a disappointing fourth quarter as a result. In a recent research note, Goldman Sachs analyst Bill Shope suggested Apple’s firm grip on the global tablet market may finally loosen unless the Cupertino, California-based company lowers its pricing. Read on for more. (more…)

Microsoft to make $444 million annually from Android royalties, Goldman estimates

By: |Sep 29th, 2011 at 05:45PM
Filed Under: Business, Mobile
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Microsoft mobile revenue continues to grow, though for the time being it seems as though the bulk of it is coming from Android. Goldman Sachs analysts on Thursday estimated that the software company will pull in approximately $444 million in fiscal 2012 from licensing deals made with various Android vendors such as HTC and Samsung, based on royalties of $3-$6 per Android device sold. Asymco’s Horace Dediu estimated in August that Microsoft took in approximately $21 million in revenue from Windows Phone...

Apple iPad 2 order cuts in Q4 reportedly confirmed

By: |Sep 27th, 2011 at 04:30PM
Filed Under: Business, Tablets
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Claims that surfaced on Monday suggesting Apple had cut iPad 2 orders for the fourth quarter have reportedly been confirmed. JP Morgan analysts Mark Moskowitz and Gokul Hariharan wrote in a note to investors on Monday that Apple had reduced its fourth-quarter iPad 2 orders from 17 million to 13 million units, suggesting that demand for Apple’s market-leading iPad might finally be waning. Some speculated that a portion of iPad production may have moved to Foxconn’s new factory in Brazil while o...

Verizon iPhone sales are already slowing down, analyst says

By: |Jun 30th, 2011 at 03:40PM
Filed Under: Business, Mobile
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According to a Goldman Sachs analyst, Verizon Wireless is expected to announce that second-quarter sales of the iPhone 4 dropped from the first quarter of this year. “iPhone sales will likely be a touch below the 2.2 million” units that the carrier moved during the first quarter, Goldman Sachs analyst Jason Armstrong told Bloomberg. Verizon Wireless started selling the iPhone 4 a full month after the first quarter started — one might expect with more time to move the phone during the second quar...

Amid SEC inquiry, Facebook gets $50 billion valuation after $500 million private investment

By: |Jan 3rd, 2011 at 03:07PM
Filed Under: General
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Social networking giant Facebook may be looking to conquer another market, Wall Street. After news spread of a $500 million investment — $450 million from Goldman Sachs and $50 million from Russia’s Sky Technologies — Facebook was given a valuation of $50 billion by market analysts and firms. The eleven figure price tag was placed upon the privately held company even as the government’s Securities and Exchange Commission has, purportedly, launched a formal inquiry into Facebook’...

Report: Palm is actively hunting for a buyer

By: |Apr 12th, 2010 at 06:23AM
Filed Under: News
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Despite putting on its bravest face, it seems Palm has finally resigned itself to reality. According to a report filed by Bloomberg, the struggling company headed by Jon Rubinstein has directed Goldman Sachs and Qatalyst Partners to find it a buyer as early as this week. Potential suitors are said to include HTC and Lenovo. Dell, which recently had its name lumped in the the previous two companies as showing an interest in acquiring the Sunnyvale-based company, has apparently declined to enter a bid. At the ...

Google facing slowdowns with its online-only model for handset sales?

By: |Mar 12th, 2010 at 06:01AM
Filed Under: News
114

Bad news today for Google and the Nexus One as investment firm Goldman Sachs has slashed its estimate for Nexus One sales by a third. Predicting a bright and rosy future for the Nexus One, Goldman Sachs originally estimated that Google will sell 3.5 million Nexus Ones in FY2010. After a disappointing first month in which Google only sold a rumored 80,000 handsets, Goldman Sachs has lowered its 2010 estimate to a mere one million handsets which will be sold across multiple carriers including T-Mobile, Verizon ...