Apple application 20130044215, filed with the U. S. Patent and Trademark Office (USPTO), is the best evidence so far as to how iWatch may look and work. It appears Apple is abandoning the traditional style watch in favor of a bracelet. The bracelet may have two parts, a touch sensitive flexible
Goldman Sachs, according to Reuters, says AIG has replaced Apple as the favorite pick of hedge funds. Apple’s arch enemy Google is now also favored over Apple by hedge funds. Apple has not been abandoned by hedge funds; it is now in third place. According to Goldman’s data, hedge fund’s top holdings were reported to
The Federal Open Market Committee (FOMC) meeting minutes from January 29 -30 were released yesterday afternoon. Within the Federal Reserve System, the FOMC is responsible for making key decisions about money supply and interest rates. One paragraph in the minutes spooked gold and silver bulls, as well as stock and
Apple’s public posture about OLED displays and its private actions seem to be at odds. The whole world has been moving towards OLED displays. As an example, the screen of Samsung Galaxy SIII is AMOLED. The new generation 4K televisions are OLED based. Apple is the only major consumer electronics company that has not
In last week’s State of the Union address, President Obama mentioned Apple and 3D printing. Apple CEO Tim Cook was given a prominent spot in the first lady’s box. Obama looked at Cook and said, “This year, Apple will start making Macs in America again.” Cameras focused on Cook and he smiled. The morning after
It is true that you can buy an iPhone running Android and not iOS. The phone comes unlocked and can be bought for about $300. The phone features a 700MHz processor, a 5 megapixel rear camera, a 0.3 megapixel front camera, dual SIM support, and a 3.7 inch display. Of
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