Here are your apple rumors and AAPL stock news items for Friday:
Morgan Stanley Says iPhone 5 is Both 3G and 4G: Morgan Stanley analyst Katy Huberty said in a Friday note to investors that Apple‘s (NASDAQ:AAPL) next smartphone should leave most consumers happy. Based on information gathered on a recent trip to Asia, the Huberty said it’s likely the iPhone 5 will include a quad-mode chip manufactured by Qualcomm (NASDAQ:QCOM) that will allow the phone to function on 3G networks, as well as LTE networks, like the 4G networks used by Verizon (NYSE:VZ) and AT&T (NYSE:T). The new iPhone also will be slimmer than the iPhone 4S that was released in October. Investors worried that this quarter might see a dip in iPhone sales ahead of the release of a new phone, similar to the one during 2011′s third quarter, should be assured by Huberty’s belief that Apple will be able to maintain heavy shipments after the holiday period.
Apple Teams With Fair Labor Association: Apple’s bright and friendly image is a difficult thing to maintain, especially given the frequency with which deaths occur at the Foxconn Technology Group manufacturing plants that make the company’s iPhone and iPad. At least 15 workers have died at the Chinese manufacturer, 12 of which were suicides, and reports of worker mistreatment at Foxconn’s plants have plagued Apple since 2006. A Bloomberg report on Apple’s new partnership with the Fair Labor Association, a watchdog group that monitors workplace conditions around the world, said the company is working to ensure its products are made under humane conditions. Apple’s suppliers now will submit to audits conducted by the FLA and will enforce United Nations-approved conduct codes.
OnLive Windows Desktop for iPad Released: That was quick! Streaming media company OnLive announced a new service on Tuesday that will let iPad owners stream a fully functioning Microsoft (NASDAQ:MSFT) Windows desktop to their tablet, including access to Microsoft’s popular Office tools. The app was made available to the public on Friday morning. While the current version of the app is free and gives users 2GB of free cloud storage for documents, the company plans to launch a premium version for $10 per month that will give 50GB of storage and improved Web browsing.
As of this writing, Anthony John Agnello did not hold a position in any of the aforementioned stocks. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook. For more from the company, check out our previous Apple Rumors stories.