Larry Dignan (ZDNet) submits:
Apple (AAPL) is investing in its partner network, direct sales and support in an effort to take advantage of enterprise and small business interest in the iPad and iPhone.
This week, Apple’s iPod and Apple TV products dominated the headlines, but there are also a lot of emerging signs that Steve Jobs & Co. are showing enterprise gains.
Zacks.com submits:
Apple Inc. (AAPL) refreshed its iPod line, introducing new features to the iPod Touch, iPod Nano and iPod Shuffle at its event held in San Francisco yesterday.
Apple also introduced iTunes 10 with Ping (quite unexpectedly), a social networking feature that enables users to follow, comment and recommend songs and albums. Most importantly, Apple launched a new version of Apple TV.
Trefis submits:
The people have spoken, and Research in Motion’s ballyhooed BlackBerry Torch smartphone is officially…not an instant hit. RIM (RIMM) only sold 150,000 Torches during the first weekend after the phone’s August 12 launch. By contrast, Apple (AAPL) moved 1.7 million iPhone 4 units during the first three days after its launch in late June.
RIM competes mainly with Apple, Motorola (MOT) and Nokia (NOK) in the mobile phone market. The company had high hopes for the Torch, which is the first BlackBerry equipped with both a physical keyboard and a touch screen interface, and the first smartphone to run BlackBerry’s new OS6 operating system.
Dutch Trader submits:
The smartphone market is growing at an annual clip of 50%, according to IDC, and is expected to continue robust growth for many years to come. A whopping 118.3 million smartphones shipped in the first six months of 2010, reflecting a 54% increase from the 76.8 million units that were sold in the first half of last year. Analysts at ABI Research project smartphone sales to double from about 200 million units this year to more than 400 million units in 2014, which indicates forecasted compound annual growth of 20% for the next four years.
ABI’s forecast of growth in the smartphone market is probably on the low side. Consider that industry specialists at Frost & Sullivan expect that close to 500 million smartphones will be sold in Asia-Pacific alone in the year 2015. That would easily put worldwide annual sales in the ballpark of 700 – 800 million.
TechCrunch submits:
By Devin Coldewey
TechCrunch submits:
By Devin Coldewey
TechCrunch submits:
By MG Siegler
Last month, Google CEO Eric Schmidt noted that Google was activating 200,000 Android devices a day. Obviously, that’s a massive number. Today during the Apple (AAPL) event in San Francisco, Steve Jobs took the chance to one up him — then take a shot at Google.
Trefis submits:
Apple (AAPL) may be negotiating a deal with CBS (CBS), Disney (DIS) and News Corp (NWS) to stream TV shows through iTunes for 99 cents an episode, according to a recent Bloomberg report.
This deal could help Apple challenge established streaming video players like Netflix (NFLX) and Hulu. Even if the negotiations succeed, however, we don’t foresee any immediate impact on the $337 Trefis price estimate for Apple’s stock. Our analysis follows below.
Zacks.com submits:
Struggling mobile phone manufacturer Motorola Inc. (MOT) intends to invest $3.5 billion into its mobile-phone and set-top box units that will be spun off in the first quarter of fiscal 2011.
The money will be used to manage and build the business and make acquisitions. The Motorola Mobility unit is applying for a separate listing on the New York Stock Exchange.
Jason Schwarz submits:
If you really want to know the pulse of the market look no further than Apple. In Goldman Sachs’ recently released hedge fund trend monitor it revealed that 75 hedge funds own Apple as a top 10 holding. To put this in perspective the next tech company on Goldman’s list, Microsoft, is a top 10 holding of only 34 hedge funds. There is no better indicator of big money intentions than Apple stock action.
Many have suggested that Apple stock is out of favor now that it has surpassed Microsoft in market cap; nothing could be further from the truth. Year to date performance shows Apple is up 15% while the Dow is down 4%. This stock is still a great place to put money as a long term investment. At economictiming.com we’ve learned that if you want to make money in this market, you better have a sophisticated understanding of Apple’s fundamentals and be in tune to its trading patterns. If Apple can’t run, the market won’t sustain a rally. If Apple doesn’t drop, the market won’t sustain a selloff.
Sign up below and whenever we get our hands on a Hot Stock Pick, you can be the first to know.
