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Showing posts from December, 2018

Top 5 Apple fails in 2018 which have affected its stock prices

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Apple is one of the hugest and most expensive high-technology companies around the world. Even so, the current year was really hard for IT giant. Was the company able to live up to the expectations of users? GMOTraider will try to find an answer and tell you about top 5 Apple fails in 2018 which have affected its stock prices. Apple has increased prices So, Apple products have never been cheap, especially for emerging developing markets. But the brand has increased prices for most of the products on average by $50 for iPhone, by $70 for basic Apple Watch. Also, the iPad Pro price tag has added $150, Mac Book Air has risen by $200 and Mac Mini has increased by $300. Boring September`s announces The sad fact is that Apple didn`t show us any unexpected announces. Most of the information about novelties had been leaked by anonymous insiders before the event and we didn`t see, as Jobs said, “one more thing”. Also, the company seems forgot about its wireless charge. iPhone XS

Cisco is going to buy chipmaker Luxtera by $660 m

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One of the biggest network hardware supplier Cisco announced an intention to acquire chipmaker Luxtera by $660 m. It may be added that Cisco cooperates with huge organizations and telecommunications companies. The deal will be completed in 2019 if regulatory authorities approve it. The main reason for the investment is the ability to produce a new next-generation network. So, what is the Luxtera? “Luxtera, Inc, a semiconductor company based in Carlsbad, Calif. that uses silicon photonics to build integrated optics capabilities for webscale and enterprise data centers, service provider market segments, and other customers. Cisco plans to incorporate Luxtera's technology across its intent-based networking portfolio, spanning enterprise, data center and service provider markets,” write the company on the official site. Cisco is planning to integrate Luxtera`s technologies in its network technologies portfolio which covers enterprises, data centers, and service providers. Al

Mark Zuckerberg has lost the biggest sum of money among billionaires

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Head of Facebook Mark Zuckerberg has spent a current year at maximum difficulty level. The businessman had had approximately $75 bn earlier in the year, then his fortune decreased to $56 bn in mid-December. In other words, Mark has lost the biggest sum of money among billionaires. But what is the main reason for such a situation?  GMOTrading  will explain you the grounds for Facebook founder`s problems. Zuckerberg is the owner of 13% Facebook stocks and, as we know, the company has been facing many difficulties during this year. The most famous crisis was related to Cambridge Analytica scandal. Also, Mark was accused of bad management, problems with shareholders and inappropriate content. In view of the above, Facebook shares have dropped by 20% on July 25 after the company had demonstrated its income report for the second quarter to investors. As a result, Zuckerberg`s capital was rapidly decreased. And one more problem, the civil rights group wants Mark Zuckerberg to

Pinterest is planning an IPO in 2019

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American social network Pinterest is planning an IPO in 2019, according to the close of The Wall Street Journal source. As a result, the platform could get capitalization amount to 12 $bn. These assessments will have changed by the time the company puts a price for IPO.   As said by the interlocutor of the journal, Pinterest was conducting with banks regarding a line of credit in the amount of $500m. But GMOTrading noted that it was a typical decision before an IPO.  If Pinterest launches the IPO in early 2019, the social network will be in the companies list which is planning to become public for the first time in the first half of the next year, like Uber or Lyft.   "Social media is about sharing what you are doing with other people," Evan Sharp, Pinterest's co-founder and chief product officer said in an interview with Daily Mail earlier this year.  “Pinterest isn't about sharing. It's mostly about yourself, your dreams, your ideas for what you wan

Top 5 highly paid writers in 2018

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The most highly paid writers have earned together approximately $283m in 2018 and sold near 24,5 m copies of their books just in the USA. Fifth place Jeffrey Kinney is American game creator, cartoonist and children`s books author. “Diary of a Wimpy kid” is the most famous his book which has a few sequels. There is a film based on the book which released in 2010, it got two sequels. Kinney is a founder of children`s website called Poptropica. The man has earned $18,5 m. Fourth place John Ray Grisham is from the USA like the previous author in our list. The novelist is famous because of his legal thrillers, and what is important that his books have been translated into 42 languages around the world. His first work, the book called “A time to kill”, was published in 1988 and his second book “The Firm” became a bestseller. Grisham`s income is $21 m in the current year. Third place Stephen King is American author who works with different literary genres including thr

Johnson&Johnson stocks have dropped by $40 bn due to an asbestos scandal

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American company Johnson&Johnson has lost approximately $40 billion of capitalization due to asbestos in its baby powder, according to the CNBC publication. The main reason for the fall is Reuter’s research. The periodical claims that leaders and lawyers of J&J knew about asbestos in baby powder since 1971. At the same time, company representatives commented this information as false and misleading. “The Reuters article is one-sided, false and inflammatory,” the company wrote on the official blog. “Johnson & Johnson’s baby powder is safe and asbestos-free. Studies of more than 100,000 men and women show that talc does not cause cancer or asbestos-related disease. Thousands of independent tests by regulators and the world’s leading labs prove our baby powder has never contained asbestos.” As a result, December 14 was “black Friday” for Johnson&Johnson. According to the trading report company`s shares decreased by 10% and stopped at $133 point. That`s why t

Apple has removed advertising from Shazam

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Shazam updated for iOS and Android on December 13 and users have noticed the interesting fact, the application had lost any internal advertising. So, the platform has forfeited its major source of income, but that was just as expected. Apple which became an owner of the music platform had promised to do it in September 2018. Also, company`s representatives didn`t say that how Apple was going to monetize the app. But we know they will earn using the app after advertisment was removed. The information above cannot be considered as an investment advice and past results do not indicate future performance. **Investors should have experience and understand the risks of losing all the initial investment

Retail revolution: Amazon has launched the first small cashier-free store

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Worldwide famous IT giant Amazon is continuing to gain retail segment. The company is going to open the such mini Amazon Go stores in offices and hospitals, according to the CNN publication. We note Amazon Go is automatic cashier-free stores which are working without cashboxes or salesmen. There are cameras watching customers and you can put all purchases in your bag at once. The store will let you in if you open a special mobile app and use it for an entry gate. Total space of Amazon Go stores usually is near 185 sq.m., but the new mini shop is much smaller just approximately 41 sq.m. The first tiny Amazon storefront was launched in the company's office which is located in Seattle. According to the company representatives, Amazon is going to promote the mini format in business centers, hospital and also in spaces where are many hungry people hurrying around. But even cashier-free store needs employees for the product placement on the shelf. "People do sti

Don't mess with Musk: Tesla demanded $167 m from the former employee

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The Elon Musk company and Martin Tripp have been litigating since June 2018. Tesla CEO told his staff about the sabotage at the same time. According to his statement, someone of the workers hacked an internal management system and passed the important data to third parties because he hadn`t get the promotion. Telsa told the name of the worker, as a result of a corporate investigation and it turned out Martin Tripp had stolen the data. That`s why the electric car manufacturer brought a case to court against to the ex-employee. Tripp said in August that Tesla used damaged batteries for new electric cars and hid this information from stockholders. Also, the man added that there were many different vehicle parts and other waste around a company's plant. He also has accused Musk of defamation and demanded $1 m from the company. Tripp`s counsels said to CNBC: "Tesla has objected to Mr. Tripp’s desire to take more than ten depositions...In this case, where Mr. Tripp is

Perfect reading matter: top 5 books of 2018 by Bill Gates

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Microsoft co-founder Bill Gates who is one of the richest businessmen in the world has told about his top 5 favorite books of 2018 in his personal blog. Billionaire noted that his list is consisted of different kinds of literature.  GMOTrading  will tell you about Bill`s taste. Educated, by Tara Westover The author of the book has grown in Mormon family and she hadn`t had any education or visited a hospital until 17 years old. In such age she had left her house and received a scientific degree in Cambridge University. “I never thought I’d relate to a story about growing up in a Mormon survivalist household, but she’s such a good writer that she got me to reflect on my own life while reading about her extreme childhood.” Army of None, by Paul Scharre Scharre is a military expert and combat veteran, he has helped USA government to develop rules of autonomous weapons use. He has described in his book pros and cons of using artificial intelligence during a war. “It’s