07.11.07 - 09:40am
Apple stock has seen another surge on news that a nano iPhone could possibly be hitting stores in time for Christmas, trading as high as $134.50 Tuesday afternoon surpassing the $133.34 high set last Friday.
Alas though the rumors are in the process of being squelched - not completely by any means - but squelched nonetheless.
Kevin Chang who made the bold claims works for JP Morgan. Well, it would appear JP Morgan while not discounting the possibility is definitely not in the cheering section behind Chang.
Senior analyst Bill Shope went on the record saying, “We believe a near-term launch would be unusual and highly risky. It took Apple over two years to launch its first low-end iPod (the iPod mini),” he explained. “Not all consumers want a combined phone and music player, so Apple is likely to keep the iPhone and iPod as distinct business segments for as long as this makes economic sense.”
Category: apple, iPhone | Tags: apple_stock, iPhone, ipod_nano, jp_morgan, patent | Be the First to Comment »
07.10.07 - 01:24pm
Apple never seems to be one to let the press die down for a minute, thus just days after the super successful launch of the most hyped device ever, word is leaking about about the possibilities of a new iPhone - this time a Nano-like iPhone.
JP Morgan’s Kevin Change is expecting Apple to launch the NanoPhone in the fourth quarter of 2007 based on a patent filed by Apple.
“Putting all the information together, we believe there’s a strong sign that Apple will come out with a second phone that will replace iPod Nano,” Chang wrote in a client note. “IPod Nano will be converted into a phone because it’s probably the only way for Apple to launch a lower end phone without severely cannibalizing iPod Nano.”
The patent shows figures demonstrating how to dial a phone number with a scroll wheel. Chang expects it to have limited functions keeping it aimed at younger customers.
Category: apple, iPhone | Tags: apple, iPhone, ipod_nano, jp_morgan, nano-iphone, patent, scroll_wheel | Be the First to Comment »
06.04.07 - 10:53am
26 days and counting, till the much fabled release of the iPhone. This according to three new ads posted on the Apple website, new TV commercials and Tom Neumayr, an Apple spokesman.
Therefore it is official. Friday, June 29th will be the day of the iPhone. All the iPhone questions will then be answered - mainly the big one - can it live up to the hype?
Apple has promised that software upgrades will be available for the iPhone after it has been purchased, in order to stem off any potential disappointment in the phone. Executives in the company have said that the ability to upgrade the iPhone, already out in the field, will give it a significant advantage over other cellphones. Basically instead of buying a new phone you can simply add new software to make it better.
Category: apple, iPhone | Tags: apple-stock, apple_website, iPhone, jp_morgan, june_29th, launch | Be the First to Comment »
