Sectors
Apple Watch: Setting the tone for smartwatch market
The much awaited launch of Apple Watch is believed to be a success despite the absence of official data pertaining to its sales. According to research firm Strategy Analytics, Apple Watch has secured 75% market share in the global smart watch segment as the estimated shipment was at four million units during the second quarter of 2015.
Amazon reports strong Q2 gains, overtakes Wal-Mart in market value
Amazon.com Inc. has surpassed Wal-Mart Stores Inc. in market value. This comes after the online retailer reported revenues and profits exceeding Wall Street expectations for the second quarter ending June 30.
AT&T meets earnings estimates, clocks $33B revenues in Q2
AT&T recorded 1.4% growth in revenues taking to $33 billion during the second quarter of 2015 and increased the number of wireless customers by 2.1million during the period. The market analysts projected that revenues would be $33.07billion. Earnings per share (EPS) of the company grew 61% to 69 cents.
LeBron James' SpringHill Entertainment teams up with Warner Bros. to produce TV, film and digital content
NBA superstar LeBron James announced on Wednesday he is teaming up with Warner Bros. through his entertainment company, Springhill Entertainment, to produce and co-own TV programs, movies and digital contents.