Following billionaire hedge fund manager Leon Cooperman out of Apple and into Facebook is foolish, yet this is exactly what a number of investors wanted to do Wednesday. It is said a picture is worth a thousand words. The charts of Apple AAPL and Facebook FB tell the story. Please click
Yesterday, Apple CEO Tim Cook, in a fireside chat, tried to convince the world that Apple is still the center of innovation in the technology world. Cook said that about one quarter of Apple employees were working on new products. There were no specifics but presumably new products include iTV. While Cook was
Apple stock faces stiff resistance in the zone of $497 to $514. The reason is that Apple is still over-owned as well as overweight in many portfolios. It is difficult to say what retail investors will do when Apple stock approaches $500, but professionals who are overweight Apple stock are
The first carrier to introduce the BlackBerry Z10 in the U.S. is not Verizon, AT&T, Sprint, or T-Mobile. It is a carrier that you have probably never heard of. Solavei, a relatively new phone carrier, is introducing Z10 for a price of $999. You can buy it on their website with a promise
Yesterday trading in Apple and BlackBerry was a show of contrast. Apple rose about 1% and BlackBerry fell 4.6%. Of interest is that money flow was negative in Apple while the stock was going up and money flow in BlackBerry was positive while the stock was going down. Apple had lots of
Both the New York Times and theWall Street Journal are reporting that Apple is working on a watch-like device. iWatch has been in the rumor mill for a long time, but now the rumor has gained more credibility being spread by these august outlets. Pebble, a smart watch that shows emails or text messages easily
Thursday morning, the news broke that David Einhorn’s Greenlight Capital had filed a law suit against Apple demanding that it give a bigger portion of its $137 billion cash to investors by issuing preferred shares. Much has been written in the media about the details of the lawsuit. Not much
In the negative hoopla surrounding Apple these days, it is a common lament that Apple is no longer innovating. A newly approved patent suggests otherwise. A solar powered iPhone from Apple may be in your future. Battery technology has become a limitation in advancement of phones. The new generation phones have faster
This post was published on ZYX Buy Change Alert. AAPL has just issued a news release that it will make judicious use of its cash in response to David Einhorn’s call to issue preferred stock. The stock is beginning to run. Only aggressive investors may consider initiating or adding to the
This post was just published on ZYX Short Change Alert. There are reports that AAPL iOS6 contains building blocks of a potential competitor to P. If AAPL were to introduce a Pandora like service, our target for P is $3-4. CAUTION: P HAS HIGH SHORT INTEREST, THEREFORE ONLY A VERY SMALL