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Techquity: Sign of another Apple product, more mobile gains

Thursday, August 01, 2013 - 02:35

August 1 - Apple reportedly updating one of its iPads. Plus, mobile gains for Yelp and Trulia.

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Looks like another apple product is coming say this time it's the iPad mini. The Wall Street Journal that apple is working with suppliers like Samsung and developing many tablet with a high resolution retina screen. The device would be mass -- starting in the fourth quarter and would likely be the same size as the current model. The companies involved in making the iPad mini declined to comment. Earlier this week we got another sign of a -- hot iPhone being made. It can't report on apple employees interviewed about labor conditions at a factory in China. Shares of apple up fractionally today near 455. Dollars. Last week based -- busted the door open I'm all about ad revenues in its second quarter results. Other companies like Yelp Trulia and zillow are showing they can do it too. -- second quarter earnings were pumped up -- more about revenues the company users that almost 60% -- start on mobile's. Yelp also had more local businesses joint and companies are doing more advertising online which all means -- I'll ad revenues. Truly had the online real estate company is also think users shift to mobile's. Monthly -- about unique visitors doubled from the same quarter a year ago sells -- profit topped expectations. -- petroleum rising sharply along and actually competitors zillow which reports results next week. All three hitting new 52 week high. Continue down this mow about half move Auburn mr. couch potato you're losing out to the digital fat. New research firm from. TV this year. The average out all the spent over five hours a day online compared to four and a half hours watching TV. And at this time is shifting towards more wild with Internet use on Smartphones and tablets and wade from computers. Now soaring today is Stamps.Com. Online postage company reporting a better than expected quarter and raising its full year forecast sure is up 13%. Sputtering is -- beyond the technology services company -- small and medium businesses. Its quarterly revenue missed forecasts and it lowered its guidance shares down 12%. That's tech -- this Thursday you can follow us on Twitter at -- as tech but he. I just were not that big -- Reuters.

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Techquity: Sign of another Apple product, more mobile gains

Thursday, August 01, 2013 - 02:35