Apple on Tuesday posted third-quarter financials that came in slightly ahead of Wall Street analysts' lowered expectations, sending its stock soaring more than $15, or more than 3.6%, in after-hours trading immediately after the earnings release.
Samsung Electronics and, to some extent, Jay-Z learned a painful lesson over the past several weeks as fans, reviewers and consumer advocacy groups objected to the app, created to give away 1 million copies of the rapper’s latest album, 'Magna Carta . . . Holy Grail.'
Jimmy Iovine and Dr. Dre's upcoming streaming service known as Daisy, reportedly launching later this year as a spinoff of their Beats Electronics company, has moved into a more practical phase of its pre-launch planning: finding a carrier that will bundle its service.