‘Apple fever rocks on’

By on April 25, 2012 at 11:45 AM.

‘Apple fever rocks on’

Despite early-morning jitters on Wall Street, Apple on Tuesday reported yet another blow-out quarter. The Cupertino, California-based company managed the second most profitable quarter in its history, posting a net profit of $11.6 billion on $39.2 billion in sales. Apple sold 35.1 million iPhones into channels last quarter, along with 11.8 million iPads, 7.7 million iPods and 4 million Mac computers. While the firm continues to dominate the technology industry — Apple is currently the most valuable company in the world — several analysts think Apple is just getting started. More →

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iPhone with 4-inch display and ‘new sleek look’ to launch in Q3, Topeka says

By on April 9, 2012 at 11:15 AM.

iPhone with 4-inch display and ‘new sleek look’ to launch in Q3, Topeka says

Likely offsetting an earlier note suggesting Apple’s run may soon slow, a new report on Monday suggests that the Cupertino-based technology giant is reportedly preparing to launch a redesigned iPhone handset in the third quarter this year, featuring a 4-inch display and a sleek new unibody case. While meeting with supply chain players in China, Topeka Capital Markets analyst Brian White received indications that Apple’s next iPhone is going to be a completely new device. “The buzz around the new iPhone 5 is growing in Asia and speculation around the timing of the launch has begun,” White, who raised his price target on Apple stock to $1,001 last week, wrote in a note to investors. Read on for more. More →

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Rivals already eying Google eyewear; Project Glass competitors now in development

By on April 6, 2012 at 10:00 AM.

Rivals already eying Google eyewear; Project Glass competitors now in development

Google unveiled “Project Glass” earlier this week, an undertaking that it hopes will bring eyewear equipped with heads-up display technology to the masses. The new glasses currently in development include an integrated transparent display that projects images and data in the wearer’s field of vision. HUD technology such as this could allow users to pair Google’s glasses with a smartphone and view data while the handset remains tucked away, or they could operate as a standalone product with an integrated chipset and embedded flash memory. The project has stirred up a healthy amount of intrigue within the media and among consumers, and Google’s competition has apparently taken note. More →

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Topeka: ‘Apple fever has more room to run’

By on April 2, 2012 at 12:30 PM.

Topeka: ‘Apple fever has more room to run’

The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition from rivals like Samsung. Topeka Capital Markets, new home to analyst Brian White, on Monday initiated coverage of Apple with a Buy rating and a sky-high $1,001 price target. “Driven by an ever expanding portfolio of innovative products, a growing integrated digital grid, unmatched aesthetics and a brand that is able to touch the soul of consumers of all backgrounds, Apple fever is spreading like a wildfire around the world and we see no end in sight to this trend,” White wrote in a note to investors on Monday. Read on for more. More →

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