Can Apple regain its status as a Wall Street darling?
So far 2008 has not been kind to the technology trendsetter. With U.S. iPod sales slowing and iPhone hype fading, investors have been seized by worries that the crew in Cupertino isn't much of a growth story anymore. The stock has fallen 40 percent from its recent highs, losing some $50 billion in market value --and it isn't clear what MOREJon Fortt - Feb 26, 2008 8:00 AM ET
Shoppers headed online in droves on Cyber Monday, according to the latest stats: 32.5 million visitors entered virtual stores, up 10 percent from a year ago.Jon Fortt - Nov 28, 2007 9:50 AM ET
Facebook's unique audience grew by 1.5 million people in October, according to a report released this week by Nielsen Online. That's five times the rate of larger rival MySpace, which grew by about 300,000.Jon Fortt - Nov 15, 2007 12:08 PM ET
InterActiveCorp (IACI), a multi-billion-dollar company that manages online brands including Ask.com, Evite and LendingTree, scored its strongest traffic growth this summer from a site that helps people manage their timeshare vacations.
The company reported earnings today. Profit for the quarter that ended Sept. 30 fell to $71.8 million, or 24 cents per share, from $74.9 million, or 24 cents, last year. The 4.2 percent drop was attributed to troubles in the MOREJon Fortt - Oct 31, 2007 11:52 AM ET
Microsoft (MSFT) mostly saw modest increases in traffic to its online properties in the third quarter, with gaming, technology, real estate and search leading the company's growth.Jon Fortt - Oct 25, 2007 12:54 PM ET
If its online traffic is any guide, Apple (AAPL) had a pretty decent quarter.
The maker of iPods, iPhones and Macs grew its online traffic 18 percent compared to a year earlier, from a monthly average of 36.6 million unique visitors to 43 million, according to Nielsen Online. Total minutes at the site grew 22 percent, from 7 billion in calendar Q3 2006 to 8.6 billion in calendar Q3 2007.
Nielsen MOREJon Fortt - Oct 22, 2007 1:26 PM ET
Apple's cost to build the iPod classic is 11 percent lower than the previous verison, iSuppli estimates. Photo: Apple
Apple's (AAPL) redesign of the iPod classic has allowed the company to make better profits while also offering more storage, an analysis from researcher iSuppli has found.
The iSuppli numbers (below) help shed light on how Apple continues to make money off of its iPod line even as certain versions mature. iSuppli estimates MOREJon Fortt - Oct 21, 2007 3:19 PM ET
Microsoft's (MSFT) search business maintained strong growth in September, gaining on second-place Yahoo (YHOO). But Google (GOOG) remained the search leader, handling 54 percent of U.S. queries, according to Nielsen Online.
Looking at the September numbers alone, it appears that Microsoft accomplished a coup with its 71.5 percent year-over-year gain in search volume, capturing 12 percent of the market. But Microsoft's growth hasn't been steady. In July it handled nearly 14 MOREJon Fortt - Oct 19, 2007 9:52 PM ET
News Corp.'s (NWS) MySpace is still king of the hill in social networking, but rival Facebook was climbing fast in September, according to the latest numbers released today from Nielsen Online. MySpace registered 58.6 million unique visitors in September, up a respectable 24 percent from a year before. But Facebook turned on the turbo jets: it registered 18 million unique visitors, up 133 percent.Jon Fortt - Oct 19, 2007 2:16 PM ET
Master Chief image: Microsoft
Leave it to Master Chief to save the day. U.S. video game console sales more than doubled in September compared to the year before, and it had everything to do with Halo 3, the game in which he's the star.
According to data from NPD Group, Americans purchased 1.37 million game consoles last month, up from 613,500 a year ago. The most popular machine, selling 527,800 units, was MOREJon Fortt - Oct 18, 2007 9:15 PM ET
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