T-Mobile (TMUS) got the ball rolling with no contract plans and much cheaper plans than AT&T, something it publicized in the Tim Tebow Super Bowl commercial Sunday evening. Today AT&T fired a big bazooka, not so much at T-Mobile but at Verizon. It makes sense because the name of the
The incredible multi-year iPhone run across the globe has ended. Apple’s earnings report and conference call make the conclusion unmistakable. My conviction was so strong that I did not hesitate from penning a column explaining the fundamentals behind the conclusion. It is true that Apple AAPL makes many products other than iPhones. However, from
Apple (AAPL) reported earnings after the market close. The Apple stock ended the regular session at $550.50. In the after-hours it has touched $501, down about 8%. As I listened to the conference call, just like I have listened to every conference call since before the launch of iPhone, I could
Back in November of 2013, I explained in detail the rationale for a sapphire screen on Apple (AAPL) iPhone 6 in my column on Forbes titled Sapphire Screen For iPhone 6 Could Be A Real Gem. Since then, media has picked up on the story. Now there is a new twist that
Apple will report earnings after the market close on Monday January 27. My battle plan has changed after Samsung just provided weak guidance. Fourth quarter results for Samsung were mostly in line. Earnings came at 8.3 trillion won and revenues came at 59.7 trillion won. In Seoul South Korea, Samsung
On Wednesday after the close, eBay disclosed that Carl Icahn has proposed a spin-off of PayPal from eBay. The initial reaction of the stock market was euphoric, with eBay stock jumping to $61.30 in after-hours trading from its closing price of $54.41. Not so fast, even though in my view Icahn is
As new-year pension money pours in, the stock market is screaming higher today. The true test will be when the very short-term oversold condition is relieved. In spite of today’s rally, the first three days have a major significance that investors should pay attention to. On the first day of
Wednesday was supposed to be the glory day for Apple. After seven years of negotiations, China Mobile was supposed to announce an agreement to carry Apple’s iPhone. So far, there is no announcement, but the announcement may come later. The real reason Apple is falling is not China Mobile, but
It is time to take partial profits, especially on short-term trades on Apple AAPL and its supplier Avago. In the case of Apple, China Mobile CHL is likely to officially announce tomorrow that it will carry iPhone. In the case of Avago, it just almost doubled its size by acquiring LSI (LSI). Professionals often surround their long-term
On December 12, the Patently Apple AAPL website was first to report that Apple had filed for a restaurant-related patent. The stock market smelled what was cooking. The stock of Open Table, which specializes in restaurant reservations, fell from a high of $80.20 to a low of $74.65 before staging a mild recovery. In social