Apple (AAPL) is working on a cheaper iPhone that could launch later this year, the WSJ reports. One source says the device could resemble the regular iPhone, but "with a different, less-expensive body." The cheapest iPhone currently sold (the 8GB iPhone 4) goes for $450 unlocked, putting it out of the reach of many emerging markets buyers, as well as some prepaid buyers in developed markets. The fact low-end Android phones sell for much less (sometimes less than $150 unlocked) has done wonders for Android's international share. [View news story]
Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
Stock price being pushed down so that buyers can enter AAPL at a lower price anticipating a great earnings report which will push the stock up.
Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
Trying to beat the price down for buyers anticipating a blow out quarterly earnings--
Apple (AAPL) is working on a cheaper iPhone that could launch later this year, the WSJ reports. One source says the device could resemble the regular iPhone, but "with a different, less-expensive body." The cheapest iPhone currently sold (the 8GB iPhone 4) goes for $450 unlocked, putting it out of the reach of many emerging markets buyers, as well as some prepaid buyers in developed markets. The fact low-end Android phones sell for much less (sometimes less than $150 unlocked) has done wonders for Android's international share. [View news story]
The Young And Restless Portfolio: Apple [View article]
This is an excellent summary on the strengths of Apple.
Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]
Deutsche's U.S. team follows up on an overnight note from the firm's Japanese unit about iPhone production cuts by declaring Apple's (AAPL -2%) stock "has digested this supply chain issue and likely has lower unit production already priced in." Notable Calls is encouraged by this due to the track record of the analyst in question (presumably Chris Whitmore). Apple has bounced a little off its session lows. Cirrus Logic (CRUS -3.8%) and Skyworks (SWKS -2.9%) are faring worse. [View news story]