Prices are zooming in the Bay Area as startups hire and new techies flock to town.
FORTUNE -- Whether we're living through another tech bubble remains hotly contested, but there's no denying its impact on one market: rental apartments in San Francisco. With Twitter, Zynga, and numerous other local startups hiring in droves, all those newbies need somewhere to live.
In the trendy SoMa and South Beach neighborhoods, says Paul MORE
JP Mangalindan, Writer-Reporter - Jun 27, 2011 5:00 AM ET
If you ask about sales in the quarter that just ended, you get three very different answers
Sources: Apple 2.0 poll, Thomson Financial, Apple Inc.
Apple's (AAPL) third fiscal quarter of 2011 ended Saturday at midnight. How did it go? That depends whom you ask.
In April, Apple CFO Peter Oppenheimer told analysts he expected Apple to earn $5.03 per share on sales of $23 billion. But given how Apple tends to MORE
Philip Elmer-DeWitt - Jun 26, 2011 11:34 AM ET
More fallout from the botched update of the Mac's professional video editing software
Source: Team Coco
Four days after Apple (AAPL) released Final Cut Pro X, the latest version of its top-of-the-line video editing software, the repercussions are still rippling through Hollywood and the tech press.
David Pogue, who gave it a positive review in Thursday's New York Times, was forced to revisit his assessment that afternoon. "In 10 years of writing MORE
Philip Elmer-DeWitt - Jun 25, 2011 11:44 AM ET
In 52 weeks, Apple shares closed within $1 of the so-called Max Pain range 39 times
Max Pain. Click to enlarge. Source: Travis Lewis
To ordinary investors, the trading in Apple (AAPL) shares last week must have looked a little crazy. On Monday, when the Dow was up, the stock fell, only to shoot up $9.98 (3.17%) the next day. On Thursday, when the Dow was down, the stock was up MORE
Philip Elmer-DeWitt - Jun 25, 2011 8:12 AM ET
Confirms the demise of three online services. Offers instructions for saving your work
Source: Apple Inc.
Steve Jobs' iCloud keynote speech on June 6 left a lot of unanswered questions, many of which Apple (AAPL) answered in an FAQ posted Friday. The highlights:
iWeb, Apple's web hosting service, is indeed disappearing on June 30, 2012. Instructions for moving to a new host are available here.
Photos and movies stored on a MobileMe Gallery MORE
Image via Wikipedia
A change in sales strategy is behind a drop-off in revenues, but Mark Hurd says it's all in service of more profit down the line.
FORTUNE -- Mark Hurd may have an impressive track record selling hardware for his former employer, Hewlett-Packard (HPQ). But that hasn't translated to immediate success at Oracle Corporation (ORCL), where Hurd now serves as president. The Redwood Shores, Calif.-based company's hardware business fell short of MORE
Michal Lev-Ram, writer - Jun 24, 2011 12:27 PM ET
By Peter Lauria, contributor
The big banks are back to help the Valley's tech pirates turn into titans, but this time there's a chill in the air.
Lloyd Blankfein and Mark Zuckerberg
FORTUNE -- They're back.
After all but abandoning Silicon Valley in the wake of the first dotcom implosion, Wall Street bankers have returned to the tech Mecca en masse, in search of -- what else? -- riches to be made taking MORE
Jun 24, 2011 11:47 AM ET
Free for those who couldn't make it to San Francisco or didn't sign up before they sold out
Source: Apple Inc.
The 5,200 developers who rushed to register before the $1,599 tickets sold out, flew to San Francisco to be there in person, and stood in lines that snaked around three city blocks say that the conversations that took place in the hallways between sessions were half the reason to attend MORE
Philip Elmer-DeWitt - Jun 24, 2011 11:44 AM ET
By Ben Elowitz, contributor
Facebook is the social king today, but Google doesn't have to give up on the Internet's future.
Google CEO Larry Page
FORTUNE -- Google is confronting a series of rugged (and, perhaps, ultimately insurmountable) challenges. And make no mistake: these challenges loom large, because Google's dominance of the Internet landscape is increasingly being threatened by Facebook's rise.
If Google (GOOG) is going to maintain its leadership, still-new CEO Larry MORE
Jun 24, 2011 10:56 AM ET
What do the reports of a pending deal with the world's largest carrier really mean?
Cook (in blue blazer) at China Mobile HQ. Source: M.I.C. Gadget
Brian White, Ticonderoga Securities' chief Apple (AAPL) analyst, has a boilerplate sentence stored on his computer that goes like this:
"We believe the ramp of the mobile Internet in China will be one of the great wonders of the tech world over the next decade and the MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.30 | -0.00 | -0.02% |
| Ford Motor Co | 12.28 | -0.46 | -3.62% |
| Frontier Communicati... | 4.29 | -0.18 | -4.03% |
| Juniper Networks Inc... | 21.71 | -0.66 | -2.95% |
| Cisco Systems Inc | 19.60 | -0.23 | -1.16% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,681.23 | -53.40 | -0.42% |
| Nasdaq | 2,817.47 | 12.19 | 0.43% |
| S&P 500 | 1,318.27 | -0.16 | -0.01% |
| Treasuries | 1.90 | -0.03 | -1.71% |
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