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Apple impresses, but margin outlook limits rally

Wall Street analysts boosted their price targets on Apple Inc after it posted robust quarterly results, but the company's conservative margin forecast limited gains in the stock on Wednesday.

Lenovo plans Android tablet PC in growth push

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Lenovo Group, the world's No.4 PC brand, said it will roll out its own tablet PC, becoming the latest technology company to jump on the bandwagon for computers styled after Apple Inc's popular iPad.

Asia shares rise on Apple earnings and China

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Asian stocks rose on Wednesday as investors cheered Apple's strong earnings and on optimism that China may roll back policy tightening measures later this year, while the euro firmed ahead of euro zone's bank stress test results late in the week.
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Apple forecast beats Street view

Apple Inc gave an unusually upbeat revenue forecast that trounced Wall Street's expectations and eased fears that the Antennagate controversy around its iPhone 4's reception would hurt sales, boosting its shares 3 percent.
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Starz, Penguin launch TV-book tie-up on iPad

Penguin launched on Tuesday the first electronic book with a video tie-in, as the embattled book publishing industry bets on multimedia ebooks to revive flagging growth and boost readership.
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Sharp says to enter e-reader market

Japan's Sharp Corp said on Tuesday it would enter the electronic reader and book markets, hoping to grab a slice of the hot but increasingly crowded sector popularized by Apple Inc and Amazon.com.
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Apple expands iPad sales to 9 more countries

Apple Inc plans to start selling the iPad tablet PC, its latest hit product, in nine new international markets on Friday, making the device available in a total of 19 countries.
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iPhone recall seen unlikely at Apple event

Apple Inc is likely to announce a fix for the iPhone 4's reception problems, rather than a recall, at a surprise press conference on the device on Friday, analysts said.
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Still plenty of demand for iPad: survey

Apple Inc has already sold more than three million of its iPad tablet computers in just over three months, but there is still more demand out there, a new survey showed on Thursday.
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Apple shares slide as iPhone 4 concerns grow

Shares of Apple Inc slid more than 4 percent on Tuesday after a poor review for its iPhone 4 from an influential consumer guide underpinned mounting complaints about the hot-selling device's reception and spurred speculation about a product recall.
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Microsoft CEO touts new Windows tablets vs iPad

Microsoft Corp Chief Executive Steve Ballmer touted new tablet-style devices running the Windows 7 operating system from about 20 manufacturers at a conference on Monday, underlining the giant software company's eagerness to counter the explosion of interest in Apple Inc's iPad.
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Borders sees new e-bookstore taking share

Borders Group Inc's electronic bookstore went live on Wednesday, and the company set an ambitious target to secure 17 percent of the digital book market in one year, sending its shares up more than 9percent.
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Borders new e-bookstore goes live

Borders electronic bookstore went live on Wednesday, and the head of the company's bookselling business predicted that it would quickly win a sizable piece of the fast-growing sector.
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Borders launches e-bookstore and new smartphone apps

Borders Group Inc launched its long awaited electronic bookstore on Wednesday, along with applications for the store on several leading smartphones in a bid to catch up to rival booksellers and generate sales in the fast growing e-book segment.
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Borders launches e-bookstore

Borders Group Inc's electronic bookstore went live on Wednesday and the head of its bookselling business predicted that it would quickly catch up with rivals and win a piece of the fast growing e-books sector.
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Amazon updates Kindle DX e-reader

Amazon.com Inc is launching an updated version of its high-end Kindle electronic reader and cutting the price in a move to address the threat from Apple Inc's iPad tablet computer.
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Amazon launches cheaper Kindle

Amazon.com Inc is launching an improved Kindle electronic reader and cutting the price, in a move to address the threat from Apple Inc's iPad tablet computer.

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