Rachel Weber for Gamesindustry.biz: Zynga has raised $1 billion in its much anticipated IPO today, after offering its 100 million shares at $10 each. Zynga is the casual game developer behind Facebook hits like Farmville and Cityville. The company has … Continued
Wall Street
∞ Asymco: Apple investors bet on products, not innovation
Asymco’s Horace Dediu concludes that most Wall Street analysts don’t put any value whatsoever into a company’s ability to innovate.
∞ Analyst misses the boat on bearish iPad forecast
Fortune: Apple (AAPL) shares fell sharply in early trading Monday following a widely reported note to clients from J.P. Morgan’s Gokul Hariharan to the effect that multiple supply chain vendors in Asia have registered a 25% cut in fourth-quarter iPad … Continued
∞ The stupid iPad article from the Wall Street Journal
If I were to give a stupid award, today’s would easily go to the Wall Street Journal’s Brett Arends for his latest iPad article.
∞ Apple Q1 2011 earnings preview
On Tuesday afternoon Apple will announce the results of their first quarter fiscal year 2011, which ended on December 31, 2010. Fortune has rounded up the prognostications of Apple analysts on Wall Street and elsewhere in one big spreadsheet so … Continued