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Apple Inc. Rumors and AAPL Stock News – Apple TV Expansion, iPad OS Upgrade and More
Here's the latest Apple Inc. rumors and news on AAPL stock as of Wednesday, June 30. We'll cover everything from the Verizon iPhone plans to a cheap iPad vendor in Heathrow Airport to Hulu apps for Apple Inc. gadgets:
Cisco Offers Up Tablet, Won’t Fight Apple iPad (CSCO, AAPL, RIMM, HPQ, DELL)
Cisco Systems Inc. (CSCO) has introduced a new Cius tablet computer that the company says will ship in late 2010. Cisco immediately pointed out that the device is aimed at a business audience and is complementary to the iPad from Apple Inc. (AAPL), which targets the consumer market or the Research in Motion (RIM) BlackBerry Tablet Hewlett-Packard (HP) slate or Dell tablet computer.
Amazon Kindle v. Apple Inc iPad – eReader War Heats Up (AAPL, AMZN, TGT, BKS)
Amazon (AMZN) just struck a deal to sell Kindle eReaders in stores at airports to compete with the Apple Inc. (AAPL) ipad. At the beginning of the month, Amazon started selling the Kindle at Target (TGT) retail chains. Then just weeks later, Amazon dropped the price of the Kindle from $259 to $189, a price dropped matched by Barnes & Noble's (BKS) Nook eReader the same day.
Apple Rumors and AAPL Stock News – iPhone Sales Projection, Steve Jobs on WiFi and More
Here's the latest Apple rumors and news on AAPL stock as of Friday June 25. We'll cover everything from Steve Jobs and WiFi sync to iPhone sales to Apple Inc. taking another stab at OS X branding.
Apple Mac and iPad Demand Surging in Corporate Market
Planned corporate Mac buying has hit a new all time high, with 12% saying their company will be buying Mac laptops and 7% desktops in the 3rd quarter. What’s driving the upbeat corporate outlook for the Cupertino, California manufacturer?
Take-Two Hopes New Titles Fight off Electronic Arts, Activision
Take-Two Interactive (TTWO) shareholders have been enjoying a very healthy 2010. The video game studio behind Rockstar-developed western Red Dead Redemption has done incredibly well for the publisher. Take Two video game Red Dead sold over 5 million units sold as of early June. That has caused competitors Activision (ATVI) and Electronic Arts (ERTS) to take notice.
Will Oracle Beat Earnings Expectations? (ORCL, IBM, HPQ, SAP)
Software, and now hardware, maker Oracle Inc. (NASDAQ: ORCL) releases fiscal fourth quarter earnings after markets close today. Analysts' earnings estimates for Oracle are that the company will report EPS of $0.54 on revenue of $9.5 billion. That's a nice boost from the year ago EPS of $0.46 for Oracle and revenues of $6.9 billion.
Adobe Earnings Up, ADBE Stock Down
Adobe Systems Inc. (NASDAQ: ADBE) announced earnings last night after the markets closed and reported EPS of $0.44, excluding items, on revenues of $943 million. Analysts had been looking for EPS of $0.43 and $906 million in revenues.
Nintendo Wii Outplays Microsoft Xbox and Sony PlayStation
Nintendo (NTDOY) president Reggie Fils-Aime claimed today that despite an apparent slowdown in sales of the company's Nintendo Wii video game console, the stock is still on track to outpace competitors Sony (SNE) and Microsoft (MSFT). Nintendo is projecting 18 million in Wii sales for the fiscal year ending March 2011, a decrease from the previous year's 20.5 million for the video game console.
Verizon Likely Will Kill Unlimited Data Plan Too (VZ, T, S, DT)
Just off the news of AT and T (T) eliminating unlimited data plans for its wired service and initiating a tiered payment system, Verizon (VZ) is hinting it's considering a similar business model, causing speculation that unlimited data access may soon be a relic of the past.
3 Stocks to Buy From The ‘New Silicon Valley’ in Israel (NVMI, RDWR, BCOM)
One of the hottest investment regions on my radar right now is one you may not think of as a hot global marketplace. While BRIC nations Brazil, Russia, India and China dominate the international investing scene, one nation is quietly becoming the most profitable region for investors right now. Namely, Israel.
Amazon Kindle and Barnes and Noble Nook Drop Prices (AMZN, BKS, AAPL, SNE)
Amazon (AMZN) and Barnes and Noble (BKS) made peculiar moves yesterday. Rather than spark Father's Day sales, they waited until the day after the consumer holiday to drop the prices on their respective eReader devices. Amazon lowered the price of their Kindle to $189 and Barnes and Noble dropped their Nook down to $199. Both devices -- top competitors with Apple (AAPL) iPad -- were previously $259.
Intel to Settle Antitrust Lawsuit (INTC, AMD, HPQ, DELL, IBM)
If you're a top blue chip tech stock like Intel Corp. (NASDAQ: INTC), lawsuits both from competitors and regulators are common. In the past several months, the chip-making behemoth has settled two suits, one a private antitrust suit from competitor Advanced Micro Devices Inc. (NYSE: AMD) for $1.25 billion and a second from the European Union for $1.45 billion.
Stocks to Buy – Tech Investment Kulicke and Soffa (KLIC)
Tech stock investors looking for the best stocks to buy should consider Kulicke and Soffa (KLIC). This technology investment makes chip assembly equipment. My recent recommendation was for buying this stock via July $7.50 call options, and they are definitely clicking so far -- up 38% so far, with more to go.
Motorola’s New Structure Taking Shape Before Spinoff (MOT, APPL, GOOG)
Motorola Inc. (NYSE: MOT) is preparing to split itself in half next year when a spinoff of its smartphones business operating on the Google Andoid OS among others is planned. Some the MOT stock split are finding their way out into public. The two halves, one to be called Motorola Mobility and the other Motorola Solutions, do not get to divvy up MOT stock assets equally before the spinoff and the company splits is smartphones such as the Droid from other operations.
Sprint Plans Wireless Gadget Binge (S, T, WMT, APPL)
Sprint Nextel Inc. (NYSE: S) plans to release a variety of wireless gadgets and smartphones that will compete with the Google Android OS, Droid smartphones, and the Apple iphone. Sprint electronics device plans include tablet computers, e-readers, and video game devices.
Nintendo Stock Booms Thanks to 3D Video Game Console
Nintendo (NTDOY) stock has steadily grown over the past five years, and it's not all because of the success of the Wii. The runaway success of the Nintendo DS handheld video game system pleased Nintendo stockholders to no end following its release in late 2004. The Japanese gaming giant's fortunes only grew upon the 2006 release of the Nintendo DS' first hardware revision, the Nintendo DS Lite, and the sales juggernaut home console, the Nintendo Wii.
Apple and Android Continue to Show Momentum in Corporate Smart Phone Market
ChangeWave’s latest corporate IT spending survey shows demand for the Apple iPhone OS and the Google Android OS is on the rise.
Nokia Stock Tumbles on Dreary Earnings Forecast (NOK, AAPL, RIMM, MOT, GOOG, PALM)
Nokia Corp. (NYSE: NOK) makes and sells more smartphone handsets than any other stock in the world. But Nokia faces two problems: it doesn't compete with high-end smartphones like the Apple Inc. (NASDAQ: AAPL) iPhone, Research in Motion Ltd. (NASDAQ: RIMM) BlackBerry, or even the Motorola Inc. (NYSE: MOT) Droid where prices and margins are high. Second, price competition from low-cost makers is eroding the Nokia's industry-leading market share on smartphone sales.