Apple

Market Bouncing Up or Down – Sophos, Greggs, Apple and Fundsmith

After a dire market performance before Xmas, we seem to be back to the good times in the last 3 days. Is it time to get back into the market for those who moved into cash as the market fell down and down and down in the autumn? Rather early to generalise I suggest although I have been picking up some shares recently. One which I purchased a small holding in was Softcat (SCT). Yesterday it issued a trading update simply saying ...

Imagination Technologies – And Why You Should Avoid Such Companies

Imagination Technologies Group (IMG) announced yesterday that Apple, it's largest customer, had notified it that they plan to stop using IMG's technology in future products. Apple represents more than 50% of IMG's revenue and the share price promptly fell by 62%. IMG provides Graphic Processing Units (GPUs) to Apple who have apparently been developing alternative solutions, possibly with the assistance of former IMG employees. IMG suggested that Apple would likely be infringing its patents or other intellectual property so that suggests that ...