Over the last several months, I have been arguing the case that the long-term risks in Apple stock are rising. I have advanced two main arguments. First, competitors have caught up with Apple for all practical purposes. Second, Apple is failing to innovate at the rate it was innovating in the past.
On Wednesday, Apple (AAPL) stock fell $37.05 or 6.43%. In after-hours the stock continued to fall and it was down as low as $518 this morning. Yesterday Apple suffered its largest one-day loss in four years. There are a variety of explanations for the tumble offered by talking heads, ranging from a
FreedomPop is a new start-up that plans to challenge AT&T (T) and Verizon (VZ) by providing free mobile data–500 MB per month. Both AT&T and Verizon have huge margins on mobile data because of the lack of competition. AT&T and Verizon use these big margins to subsidize Apple‘s iPhone, Google‘s Android and other devices. The big carriers provide
From an investment perspective, here are the good, the bad and the ugly of Wednesday’s iPhone 5 launch. The good Apple CEO Tim Cook said that the iPhone 5 is the most beautiful product that Apple (AAPL) has ever launched. The iPhone 5 is said to be finely crafted, like
Apple fans cannot wait to get their hands on iPhone 5 in September. This is remarkable in view of the fact that it is not known with any certainty what the name of the new device will be and when it will be available. It is widely believed that the phone
It is no surprise that Apple will launch iPhone 5 soon. The debut is widely expected on September 12, 2012. The surprise is that Nokia (NOK) and Microsoft (MSFT) are planning to beat the iPhone to the punch. Microsoft and Nokia have sent out a notice of a press event in New York on September 5, 2012. As
BGR reports that AT&T has ordered retail staff to sell “anything but” Apple‘s iPhone. BGR backs up the report by claiming that it has confirmed the directive by three independent sources. According to BGR, regional managers have been telling store managers to steer consumers away from iPhones. I have attempted but not been able to confirm
AT&T helped raise Apple‘s iPhone from its infancy to becoming the most popular phone in the world. How can AT&T now take its love away from iPhone and shower it on the new baby fromNokia, Lumia 900, running Microsoft Windows? Sherlock Holmes would have replied, ‘It is elementary, my dear Watson.’ AT&T had an
Speculation of Yahoo (YHOO) buying Netflix (NFLX) is rampant in the trading circles. The trigger for this speculation is appointment of Scott Thompson as the new CEO Yahoo.Thompson has been President of PayPal, which is a crown jewel of eBay (EBAY). Thompson has significant background in technology, mobile, and international.
This article includess information on these symbols: Google (GOOG), Microsoft (MSFT), Apple (AAPL), Netflix (NFLX), Comcast (CMCSA, CMCSK), Time Warner Cable (TWC), Verizon (VZ), and AT&T (T). Yesterday, Microsoft launched an all-new Xbox 360 experience including the first group of new custom applications from world leading TV and entertainment content