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FreePennyAlerts.com Alerts Today’s possible engines and shakers: Apple Inc., Citigroup Inc., General Electric Company and Microsoft Corp.
Although consumers pay between two and three times as much for an iPad as they do for an iPhone, on average Apple collects more revenue for each iPhone sold than for the larger tablet. On Tuesday’s conference call with analysts, COO Tim Cook said Apple’s average revenue per iPhone was around $ 625, while the average iPad revenue was over. close to $ 600. Citigroup Inc. has appointed Steven Lo as head of the Hong Kong Global Market for its private banking branch, according to an emailed statement today. General Electric Co.’s third consecutive quarterly gain would cap a year in which the company outperformed the Standard & Poor’s 500 index for the first time since 2004 and increased its dividend twice. Industry analyst SearchIngnite reported that Google’s market share in the search market increased in 2010 to 82.6 percent while its closest competitor, the joint venture of Yahoo Inc. and Microsoft Corp . slipped to 17.4 percent.
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