Apple, Stocks | featured news

In its quarterly earning released on Monday, IBM reported revenues of $26.7 billion – up 12% from the same period last year. With IBM reporting its 4th consecutive quarter of double digit revenue growth, its shares have marched higher since its announcement. The stock is up nearly 50% in the last year surpassing Microsoft as the second largest technology company by market cap behind Apple. IBM’s primary competitors include HP, Dell and Oracle.

Blockbuster sales of the iPhone and strong Asian business again helped Apple Inc crush Wall Street's expectations, driving its shares up more than 7 percent to a record high and boosting Asian stocks.

Apple Inc's quarterly results again smashed Wall Street's expectations, fueled by record iPhone and Mac sales, offsetting lower-than-expected sales of its iPad tablet computer.

Nasdaq's late-night rebalancing of its benchmark Nasdaq-100 Index spurred volatility in Apple shares as its weighting is slashed, and surprised U.S. fund managers who questioned the timing of the announcement.

Apple receives vote of confidence as analysts raise their price target for the company's shares a day after it unveils record profits and revenues.

Apple Inc's shares cruised past $300 for the first time on Wednesday, as investors anticipated another strong earnings report from the iPhone maker next week.

Santa arrived early for Apple Inc. shareholders: The stock surged $6.94, or 3.4%, on Thursday to close at a record high of $209.04. That topped the previous closing high of $207 on Nov. 17.

The buzz continues to build about the company's widely anticipated -- albeit unconfirmed -- tablet computer. The Financial Times reported that Apple has rented a stage at the Yerba Buena Center for the Arts in San Francisco in late January, most likely for a product announcement.

Apple shares fall by more than 4% after chief Steve Jobs says he is taking medical leave until the end of June.