Archive | August 9th, 2010
Analyst raises stock target for Apple stock to $375
Bullish Apple analyst Charlie Wolf is blown away by Apple’s fundamentals – so much so that he recently upped his stock target on the stock from $280 to $375. Here’s why: Explosive iPad sales.“We forecast that iPad sales would reach 20 million in 2019, the final year in our valuation exercise. iPad sales are already tracking […]
Continue reading...iOS 4.1 beta reveals more evidence of upcoming email-based Facetime feature
9. August 2010
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Apple last week released iOS 4.1 beta, and it didn’t take long for developers to find evidence that email-based Facetime functionality is on the way. Not too long ago, reports surfaced that the next-gen iPod Touch will come with a front facing video camera along with support for Facetime. While the feature is currently only […]
Continue reading...Report – 7 inch iPad, CDMA iPhone, and new Apple TV on the horizon for early 2011
9. August 2010
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Corroborating earlier reports regarding a slew of new devices from Apple, Digitimes analyst Mingchi Kuo reports that Apple is preparing to launch a 7-inch iPad with the new ARM Cortex A9 based processor during the first quarter of 2011. The smaller device will reportedly sport a resolution of 1024×768 and will include the same IPS […]
Continue reading...Mark Papermaster left Apple due to “cultural incompatibility”
9. August 2010
Late this week, the New York Times reported that Mark Papermaster had been relieved of his duties as the head of hardware engineering for both the iPhone and iPod. It was speculated that Papermaster’s departure was the result of the iPhone 4 antenna fiasco, and the resulting PR disaster. Now comes word via the WSJ […]
Continue reading...Apple places order for millions of CDMA chipsets from Qualcomm, Verizon iPhone on the horizon – Rumor
9. August 2010
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TechCrunch reports: Sources with knowledge of this entire situation have assured me that Apple has submitted orders for millions of units of Qualcomm CDMA chipsets for a Verizon iPhone run due in December. This production run would likely be for a January launch, and I’d bet the phone is nearly 100% consistent with the current […]
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9. August 2010
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