October was not a kind month to Apple. There has been a big management shakeup, the Street does not like the price of the iPad mini, iPhone 5 is experiencing supply issues, and earnings–as well as projections–were below expectations. As if Apple needed it, the Israeli-U.S. start-up, Boxee, is now bringing
In the middle of the news surrounding hurricane Sandy, the big news from Google (GOOG) seems to have been lost. With the introduction of Nexus 4, Google has pulled off a big price coup. An unlocked version of Nexus 4 is priced at $299, a remarkably low price for a phone of
The ouster of Scott Forstall, senior vice president of iPhone Software at Apple, and the former heir apparent to the top job, indicates that problems at Apple run deeper than generally understood. Forstall was often compared to Steve Jobs, both for his brilliance and his abrasiveness. On the surface Forstall’s ouster is related
The Walt Disney Co. is buying Lucasfilm for about $4.05 billion in stock and cash. Lucasfilm is best known for its lucrative Star Wars franchise. Disney will makeStar Wars: Episode VII for release in 2015. With this purchase, Disney is expanding in the tent-pole feature film business. In recent years, Disney has expanded
Despite disappointing quarterly earnings from Apple, my long-term Apple (AAPL) stock target of $1,000 remains intact. Apple ‘s earnings report was bad on almost all metrics, but future guidance was downright shocking. For Q1 Apple now sees EPS of $11.75 vs. consensus of $15.53. For Q1 Apple now sees revenues of
Apple reported bad earnings. The company missed estimates on almost all metrics as shown below. Earnings came in at $8.67 vs. published consensus of $8.75 and whisper numbers around $9.10. iPad sales came at 14 million vs. published consensus of 17 million and whisper numbers around 18 million. Mac sales
This post was just published on ZYX Buy Change Consider taking partial profits on a 15% tranche on AAPL right here around $610. Please take liberty with the price. Also suspending buy zones on AAPL. Earnings are a lot lower than expected.
This post was just published on ZYX Short Sell Change AAPL has announced that it will start a new radio service in early 2013. This is a direct challenge to Pandora (P). Short zone is $8.75 to $10. Please build a position carefully based on your risk tolerance as short interest
Administrative Law Judge Thomas B. Pender, of the United States International Trade Commission (ITC) has found that Steve Jobs’ invention covered by patent number 7,479,949 was violated by Samsung. Here is the abstract of the patent: A computer-implemented method for use in conjunction with a computing device with a touch screen display comprises: detecting one
On Tuesday, Apple (AAPL) made a number of product announcements including one for the iPad Mini, the fourth-generation iPad, a 13-inch MacBook Pro with Retina display and updated Mac Minis. To me it was striking from yesterday’s event that Tim Cook appears to be abandoning Steve Jobs’ strategies that made Apple so successful. Steve Jobs’