Tuesday, January 24, 2017

Intel Corporation (INTC) Stock Could Dominate With New Compute Card

Intel stock has always been a good choice, now it's even better

Intel Corporation (NASDAQ:INTC) has been around for a very long time and it has been a mainstay in the technology industry, as well as one of the most recognized household names in consumer electronics since the late 1970s. INTC didn’t invent the computer, but it did develop a superior processor that was designed to be functional in almost any computer, regardless of who manufactured it.

With that, over nearly four decades, Intel has grown into a $173 billion company, giving early INTC stock investors returns in excess of 30,000%.

The company went on to manufacture a growing number of microprocessors and other types of computer chips, which today are found in countless pieces of electronic hardware.

It would seem that Intel stock has dusted off the old playbook, unveiling the Compute Card two weeks ago at CES 2017. The Compute Card, according to an INTC Newsroom press release, is intended to “transform the way compute and connectivity can be integrated and used in future devices.”

If things turn out as planned for Intel, the Compute Card has the potential to become another virtually universal component that can be integrated into a gigantic — and constantly expanding — selection of consumer electronics.

Wednesday, January 18, 2017

Apple Inc. (AAPL) Will Hike App Store Prices … Because Brexit?

The depreciating pound sterling has forced Apple's hand

According to an email to developers, Apple Inc. (NASDAQ:AAPL) is making plans to raise prices in its U.K. App Store by approximately 25%. The price hike is, apparently, in response to the weakening pound sterling exchange rate, which has been steadily dropping since June’s Brexit vote.

The price changes are expected to roll out to the App Store over the next week. Per The Guardian:
“Similar price increases are expected to hit other Apple Stores, including the iTunes Store for music and video and the iBooks Store.”
This announcement comes on the heels of October’s unilateral 20% price jump for AAPL hardware, including the company’s newest MacBooks, Mac Pro, and the iMac.