Does the CEO of JPMorgan Chase really deserve to make $20 million a year even as his bank has been in the center of multiple financial scandals ranging from its role in the Bernie Madoff scam to its handling of the infamous “London Whale” trade? If you ask him, he absolutely does and he doesn’t …
Rumors surrounding the imminent launch of an Apple-branded HDTV have been swirling for the better part of a year, and while some industry watchers expect the “iTV” to launch as early as this summer, one analyst suggests that we’re still more than a year away from seeing Apple launch an iOS-powered television. JP Morgan analyst Mark Moskowitz …
JP Morgan analyst Mark Moskowitz wrote in a research note Thursday morning that he is adjusting his quarterly sales estimates for both the iPhone and the iPad. Moskowitz expects Apple to sell 28 million iPhones during the fourth quarter, up from his original 25.3 million estimate. He cut his estimate for iPad sales, however, and …
Consumers are clamoring for an affordable tablet with deep Amazon service integration according to one analyst, and the Kindle Fire could see huge numbers this quarter as a result. J.P. Morgan analyst Douglas Anmuth estimates Amazon will sell between 4.5 million and 5 million tablets in the fourth quarter, which will consist of just over six weeks …
JP Morgan executive director Mark Moskowitz is not impressed with Amazon’s first attempt in the tablet market. In a recent note to investors, Moskowitz said the tablet is just “noise,” and that it lacks too many features to be a valid competitor. “We are not impressed with Kindle Fire,” Moskowitz wrote. “In our view, [the …
Apple will release two new iPhone models this fall, the “iPhone 4 Plus” and the iPhone 5, according to a note to investors issued by JP Morgan on Monday. JP Morgan analyst Mark Moskowitz reiterated reports that the iPhone 5 will feature global roaming with support for both CDMA and GSM networks. As various other rumors …
Companies that have introduced consumer tablets to compete with the iPad are dialing back production as demand for their tablets is failing to meet expectations. A new report issued Wednesday by J.P. Morgan Chase paints a sad picture for companies like Samsung, Motorola, RIM and ASUS as they look to make headway in the emerging consumer …
Following RBC Capital Markets General Manager Mike Abramsky’s lead, JP Morgan analyst Mark Moskowitz on Friday raised his revenue and EPS estimates for Apple’s 2011 fiscal second quarter. RBC upped its second-quarter revenue estimate from $23 billion to $24 billion on Tuesday, citing pent up iPad demand and strong sales of the Verizon iPhone 4 and …
If you’re tired of hearing about tablets, we have some bad news for you… they’re not going away any time soon. While repeated failed attempts will undoubtedly trim the number of entrants in the tablet market over the coming months and years, the market itself is poised to explode. JP Morgan said in a note …
Using a bit of guesswork, J.P. Morgan analyst Phil Cusick calculates that Verizon Wireless’ pre-sales of the iPhone 4 may have topped 500,000 units. In a note to investors on Monday, Cusick cited information contained within an earlier press release from Verizon Wireless to take a somewhat educated stab at pre-order totals. According to Verizon, …
