Lockheed Martin Corp.’s (LMT) new F-35 fighter jet could be delayed by as long as three years, with development costs soaring by as much as $5 billion, Reuters reported.
The Pentagon has estimated the cost of the F-35 program could top $380 billion,…
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.
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.
Filed Under: Company News, Technology, Earnings, Morgan Stanley , Apple, Stock Picks, Market News
International Business Machines on Monday said its new Federal Community Cloud will provide cloud-computing services to the U.S. government. IBM is already working with 15 federal departments and is now aiming for state and loc…
Corning’s (GLW) third-quarter profit rose 22% from a year earlier, as higher sales of the company’s automotive and diesel-emission products more than offset the falling glass prices for flat-panel TVs.
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Microsoft motion controller for its Xbox videogame console, which launches this week, will outsell Sony’s new PlayStation controller during the holiday season, according to a forecast report released Monday.
Co…