General Motors Seeks to Raise $13 Billion in IPO

After much anticipation, General Motors finally revealed details of its public offering of stock, which is expected later this month. The automaker plans to raise $13 billion.
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Apple’s China Revenue May Triple Over Two Years, Analysts Say

Apple (AAPL) may see its revenue from China triple over two years as the company expands its sales network demand from consumers rise, Morgan Stanley (MS) said.

Apple’s sales in China may be worth more than $9 billion in the year ending September 2012, Morgan Stanley analysts said in a report. In the last fiscal year, Chinese sales were worth $2.9 billion.

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The analysts forecast that…

Continue reading Apple’s China Revenue May Triple Over Two Years, Analysts Say

Apple’s China Revenue May Triple Over Two Years, Analysts Say originally appeared on DailyFinance on Tue, 02 Nov 2010 07:10:00.

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Microsoft After Ray Ozzie May Be a Little Less Magical

The chief software architect was the perfect visionary foil to strategy-obsessed CEO Ballmer. His entrepreneurial mind pushed the stodgy software giant to innovate in cloud computing and more. That’s a role Microsoft will sorel…