cityguide

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cityguide
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  • Apple Pay now accepted by 36% of US merchants, is most common mobile payment platform

    cityguidecityguide
    eightzero said:
    AppleInsider said:

    U.S. merchant adoption has been of the biggest obstacles for Apple Pay. Though a number of major chains are onboard, many still aren't, likely owing to the cost of upgrading to sale terminals with compatible NFC.
    It would seem logical for Apple to pick up the tab.
    I fail to see the logic in that statement.
    watto_cobraStrangeDays

  • Analysts raise Apple targets, see shares going as high as $156 after best-quarter ever

    cityguidecityguide
    lkrupp said:
    wood1208 said:
    Now you know why legend Warren Buffet bought Apple stock when dipped around $92 and when the smartest analysts on wall-street and rest of world was convinced Apple is doomed. Now Warren is smiling and rest who believed others crying.
    Yep. Read an article stating that Warren has made $350 million so far on his AAPL acquisition. The Oracle of Omaha knows what he is doing.
    In the interest of transparency, Warren didn't buy Apple and was not particularly interested in tech stocks, other than IBM. He hired on two former hedge fund managers for Berkshire Hathaway and gave them wide latitude in managing the portfolio. They made an independent decision (http://on.wsj.com/2kiyqxE) to purchase Apple stock, which comprises 1.1 percent of the total BK holdings (USD $129.7B).

    Nonetheless, BK did not attain the stock valuation it has because its management was ill-advised. TheStreet.com rates the funds as only a B-, but it may take fingers of only one hand to count the number of companies with better intangible stock value.

    radarthekat