Try as they might, financial analysts attending Apple’s (AAPL) Q2 earnings call yesterday were unable to goad company execs into giving up a launch date for the 3G iPhone. Peter Oppenheimer, Apple’s CFO, and Tim Cook, the company’s COO, refused to confirm rumors that the company plans to announce the device this summer, though they [...]
Read More »
Microsoft (MSFT) may have no choice but to raise its “generous” $31-per-share hostile bid for Yahoo (YHOO) if it hopes to acquire the company without a messy proxy fight. This according to Citigroup (C) analyst Mark Mahaney, who in a research note to clients today said Microsoft is unlikely to walk away from the [...]
Read More »
A popular misconception has it that Yahoo is an acronym for “You Always Have Other Options.” (According to Yahoo’s corporate history, it’s an acronym for “Yet Another Hierarchical Officious Oracle.”)
Well, not this time.
Because it appears to be the beginning of the endgame for Yahoo. Word on the street has it that the company’s board of [...]
Read More »