After a week of disappointing results from the technology sector, market analysts and industry watchers are preparing for a devastating quarterly report from Apple on Tuesday. In a quarter that saw the continued decline of the PC industry, a surge in the popularity of competing mobile devices, and a lack of major new products, Apple is expected to reveal flat sales and up to a 22 percent drop in profit for its third fiscal quarter. Such a result would be
Netflix Adds 4-Stream Family Plan But May Lose Content in 2013
Video service Netflix posted positive results Monday for its first calendar quarter of 2013 and the company is now moving to expand its appeal to an even broader customer base. As expected, Netflix announced a new family plan to accommodate heavier users of its streaming service. As part of the company’s $7.99 streaming-only package, users are limited to two simultaneous video streams. As online streaming becomes more popular each year, and as the Netflix video library grows, more subscribers are