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Posts Tagged ‘shares’

Lamborghini has long been known as one of the most flamboyant of all supercar makers.

But a post on design site PSFK showed us that the Lamborghinis on the road today are mundane compared to the imagination of one design student.

Mark Hostler, a student at Staffordshire University, created this concept. He is calling it the Ferruccio, which means it shares a name with Lamborghini’s founder.

The ‘concept’ has a 5.0 liter turbocharged V12 and has a number of design elements from Lamborghinis past and present. It also looks a bit like something Batman would love.

Expect it to never hit the streets.

Take a look around the rendering below:

Now check out some Lambos with issues >

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• Maryland’s Lamborghini Driving Batman Entertains Sick Children In His Spare Time

iFixit flew a reporter 17 hours to Australia to get a new iPad and rip it apart before anyone else.

Well done!

Here’s the video:

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• Roger McNamee Thinks Google Should Build A Chrome Phone, And Twitter Is Being Run Into The Ground
• THE APPLE INVESTOR: Corporations Buying Tablets Looking Nearly Exclusively At iPad
• Apple Shares Hit $600.01 In Pre-Market

It’s another day ending in “-day” so another analyst has cranked up their price target on Apple.

This time it’s Maynard Um at UBS, putting a price target of $675 on the stock. That’s up from the previous target of $550 billion.

The reasons?

• They expect the iPhone 5 to launch in October, and that it will accelerate the number of carrier partners it sells through, making it the “biggest launch ever.”
• New billing practices by carriers that allow customers to buy data packages that work across multiple devices will encourage customers to buy higher-end iPads.
• Improved iPhone expectations are causing a hike in 2013 EPS expectations to $50.43.
• The multiple will expand due to big product launches and possible return of cash to shareholders.

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See Also:

• Apple Blasts To A New High, Closes In On $600
• CHART OF THE DAY: How Apple’s Shares Blast To $1,000
• What Is An Embargo? Read This Before You Read Any iPad Reviews

Google chairman and former CEO Eric Schmidt just filed a plan to sell almost $1.5 billion worth of Google stock.

In a filing with the SEC, Schmidt laid out a plan to sell up to 2.4 million shares of Class A stock (he also has Class B stock which carries special voting rights).

At today’s closing price of $605 per share, that equals $1.452 billion.

Assuming he goes through with the transaction, when he’s done he’ll own 2.1% of Google’s stock (down from 2.8%) and have 7.3% voting power (down from 9.7%). 

The trading plan was adopted in November and kicks off this month.

Last year, Schmidt filed to sell about $335 million worth of Google stock.

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See Also:

• Here’s Where All That Talent Microsoft Can’t Hold On To Ends Up
• The $600 Million Social Life Of Foursquare Founder Dennis Crowley
• IN PICTURES: The Life And Awesomeness Of Dennis Crowley, Founder Of $600 Million Foursquare

In 2004 when Facebook was just starting out, Mark Zuckerberg turned to his father Edward for initial working capital

Edward, a dentist in Dobbs Ferry New York, loaned his son the money. In return, he was granted 2,000,000 shares of Facebook.

The options were arranged to expire after one year, but Facebook’s board decided that wasn’t fair.  It didn’t match the original intent of Edward’s grant. In late 2009, they issued Edward’s company 2,000,000 Class B shares of Facebook.

Today those shares, reflected in Facebook’s S-1, are worth about $60,000,000.

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• Facebook’s IPO Will Not Affect Zuck’s Newark Pledge
• 17 Facts About The People Who Waste Time On Facebook
• Facebook Just Cloned A Google+ Feature And Then Stuck Ads Inside Of It