Apple Crushes Blackberry

Apple have always set themselves apart from their competitors and have always stood out in the exponentially increasing tech market because of their innovative abilities. As always Apple has outdone themselves again by announcing two different IPhone concepts at the same time.
The 5C has been introduced to customers as a more affordable option and starts from $599 while the 5S starts at $719. Even though the 5S has way more internal advantages, the 5C’s cheaper and more colourful options appeal to more buyers.

Blackberry is regarded as a financial basket case now days due to its lack of innovation and inability to compete in today’s digital economy. However Fairfax Holdings Limited is willing to bale Blackberry out in a $4.7 million deal. Apple made nearly double in its opening week for its new iPhones. Once a powerhouse in the tech market, Blackberry is barely making ends meet. Apple is generating more revenue in one weekend than what all of blackberry will sell for.

Sources:
http://allthingsd.com/20131007/these-iphone-5c-price-cuts-are-coming-dangerously-close-to-a-trend/
http://www.businessinsider.com/apple-iphone-revenue-versus-blackberry-sale-price-2013-9
http://www.macrumors.com/2013/10/07/iphone-5s-tops-sales-charts-at-major-u-s-carriers-as-iphone-5c-and-galaxy-s4-battle-for-second/
http://www.forbes.com/sites/adamthierer/2012/04/01/bye-bye-blackberry-how-long-will-apple-last/

Twitter To Go Public

After filing for it’s long anticipated IPO, twitter is looking to raise $1 billion in this initial offering. Twitter have not set a fixed date as of yet, nor have they fixed a price for their shares. But after recent valuation of the shares at $20.62, it will turn some of their shareholders and founders into millionaires and billionaires when it debuts on the market.
Twitter will be offering up 472,613,753 shares of stock it’s initial release. It currently has 218.3 million monthly active users and the same users have created over 300 billion tweets. 200 billion tweets per day was the amount stated by twitter and 75% of those users access it from their mobile phones. An interesting contrast is that Facebook had no mobile revenues at all when it filed for IPO.
Although twitters’ IPO is not valued as highly as Facebook’s was but it has been a hotly anticipated event for some months now.
Sources
http://techcrunch.com/2013/10/03/twitter-files-for-1-billion-ipo-will-list-as-twtr/
http://www.bloomberg.com/video/twitter-ipo-falls-between-zynga-facebook-thompson-gLC4mELpTCSz3l9ZPTdb1w.html

The Most Valuable Soccer Team In The World

This year Manchester United were finally removed from the throne as the “most valuable” team in the world by Real Madrid.
Manchester United have topped the list for as long as i can remember but they have finally fallen behind the Spanish club whose current value of $3.3 billion is the most of any sports team.
.Just in the past year Real Madrid have made a record revenue of $650 million. The Spanish side have reduced their debt by 27.4% and increased net profit by approximately $13 million.
Soccer fans all around the world have the same questions regarding Real Madrid, and that is how they manage to continue buying the world’s most expensive players and still remain one of the most valuable teams in the world. Real Madrid president, Florentino Perez believes that the big named stars will eventually pay their own way in merchandising sales. One example is that of Cristiano Ronaldo who was previously the most expensive player in the world and was bought for $130 million.But after signing Ronaldo, they made $145 million just in shirt sales. Perez has been proved right time and time again.

Sources:
http://www.independent.co.uk/sport/football/news-and-comment/real-madrid-overtake-manchester-united-to-top-the-forbes-most-valuable-sports-teams-list-8709822.html
http://www.forbes.com/teams/real-madrid/