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Apple’s quarterly profit shot up by 78% due to sales of its iPad and latest version of the iPhone 4. This was in $1 billion more in revenue than Wall Street had predicted, and Apple’s 4th quarter revenue is projected to be $18 billion.

The 3rd quarter increase in sales is in spite of consumer and media reports and media which have both announced a problem in reception with the iPhone4. Steve Jobs’ reaction was to sell free cases for the phones.
It is also in stark contrast to other technology stocks, such as Intel, Hewlett Packard, Cisco Systems, and Yahoo all dropped in the 3rd quarter.

Of these three, Microsoft is the leader in profit, with $4.25 billion compared with Apple’s $3.25 billion and Google’s $1.8 billion. Profit dollars come from the release of Windows 7 (with 175 million copies sold), Bing, and Office 2010. Microsoft has announced that it will later release a smartphone and the Kinect.

Public announcements of stock sales is an excellent time to invest in binary options, as we will discuss in a later post.

In an unprecedented move, China announced that they would ease the peg of the Chinese yuan, or Renminbi (RMB) to the dollar and allow the currency to move more freely.

This move will increase the value of China’s currency, making exports more expensive. In the past, the lower value of the yuan and the cost of foreign workers low, making it an excellent place for American companies such as Walmart and Target to have overseas factories. Now these companies will take a hit with rising prices of production, whereas companies exporting to China, such as General Electric and Caterpillar, will see a rise in sales as their products become cheaper in the Chinese market.

Now, Western products will become more attractive as a cheaper Chinese alternative becomes unavailable. In addition, foreign worker strikes, unthinkable in the past, are occurring in various Chinese factories of American companies such as Toyota and Honda. If workers succeed in increasing worker pay, it will cause an additional rise in the cost of Chinese products.

China is continuing to monitor its currency to allow the rise to happen gradually and dissuade traders from buying currency and easily profiting.

The Chinese market is likely to rally in response to the change. It could be a good time to watch this market or options affected by it, either indirectly or directly, and come to our site and invest.

Spotlight stock- Apple

Apple Inc. is probably known first and foremost for its Macintosh personal computer and most lately, for the iPhone and ipad.

The iPhone became the top-selling US handset in the third quarter of 2008. It is estimated that iPad pre-orders were able to generate over $75 million in revenue from the first day.

Just today Apple announced that due to a greater than expected US demand for the iPad, it is delaying its launch abroad.

All of this makes the Apple stock an exciting trade for investors. Place a trade on the Apple stock on our trading platform.

The Tel Aviv 25 Index is a capitalization-weighted index of 25 stocks traded on the Tel Aviv Stock Exchange (TASE). The Index was developed with a base value of 100 as of December 31, 1991. TA-25 is a total return index, and its current value is around 1224 points.

In the shadow of a global recession, the Israeli economy was one of the firsts to resume growth, as also reflected by the Tel-Aviv Stock Exchange performance. Since the second half of 2008, The Tel Aviv 25 Index has been increasing steadily, and it is now approaching its historic record of 1,237 points, set at October 2007.

So the question at hand is – will TA-25 cross its historic record and continue to climb, or will this trend subside, failing to cross the 1,237 point-barrier?

Have an estimation? Come make a profit using our trading platform!

Google, a company started by Dr. Larry Page and Sergey Brin in 1998, provides website indexing, online content, Internet search solutions, and targeted advertising for those in the industry as well as the general population.

Its stock has been rising fairly steadily since it went public in 2004 (see chart below), although at certain times it has dropped or risen sharply. These points of sharp increase or decrease can be a great opportunity for binary options investors.

Google stock is a valuable asset, and current negotiations are taking place by Google founders over who will get majority control of company stocks.

There is no question that Google stock will remain valuable in the future.