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Netflix Launches Free iPhone and iPad Apps

Netflix logoNetflix (NFLX - option chain) shares are rising today after the company launched a free iPhone and iPod application this morning which allows users to stream movies and TV shows on Apple (AAPL) handheld devices. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on NFLX.

NFLX opened this morning at $125.89. So far today the stock has hit a low of $124.38 and a high of $127.00. As of 12:25, NFLX is trading at $126.53 up $2.28 (1.8%). The chart for NFLX looks bullish.

Continue reading Netflix Launches Free iPhone and iPad Apps

Intuit Wants to Cash-In on the iPhone

Intuit logoLast week, Intuit (INTU) had its biggest one-day gain since 2001, with the stock surging about 15%. The reason was a strong earnings report, in which the company provided a bullish outlook as well as a $2 billion stock buyback. Even with the higher price, the momentum should continue.

After all, Intuit keeps innovating its product line -- and has the luxury of a hefty customer base. Just look at the company's latest offering: a complete credit card system for the iPhone. To pull this off, Intuit has teamed-up with mophie.

Continue reading Intuit Wants to Cash-In on the iPhone

Apple Earnings Soar, Topping Estimates

apple third quarter earningsShares of Apple Inc. (AAPL) traded sharply higher in after-hours trading Tuesday after the company posted strong quarterly results for its third quarter.

Analysts had been expecting to see the company post earnings of $2.84 a share, but Apple easily beat that estimate with a reported $3.51 a share. During the same period last year the company had earnings of $1.35 per share.

Continue reading Apple Earnings Soar, Topping Estimates

Apple Shares Slide Ahead of iPhone 4 Conference

Since hitting a high of $279.01 on June 21, Apple shares have dropped over 7.7% to close Thursday at $251.45. This morning, ahead of its iPhone 4 press conference, Apple shares fell 0.7% by noon trading. The iPhone 4, which was to be yet another smashing success has become a somewhat sore issue. While at first sales of the new phone once again blew past expectations, reports of bad reception and dropped calls immediately tarnished the new must-have gadget.

But "antennagate," as it's been dubbed, just began, especially with Apple's response to consumers: avoid gripping the phone in the lower-left corner. Consumer Reports then said it can't recommend the iPhone 4 after tests by its engineers confirmed that the device does indeed have reception problems. And Bloomberg reported that a a senior antenna engineer named Ruben Caballero personally raised concerns about the design to Jobs.

So Apple then announced it will hold a press conference at 10 AM Pacific time on Friday. That's in two hours. What to expect?

Continue reading Apple Shares Slide Ahead of iPhone 4 Conference

Is Apple Going to Recall the iPhone 4?

There is quite a bit of Internet chatter about Apple's (AAPL) new iPhone 4. Unfortunately for the tech company, a good deal of it is negative. There is a problem with reception for the iPhone, a problem that stems from touching "a spot" on the lower left side of the phone. This problem caused Consumer Reports to say that it "can't recommend the iPhone 4." On July 2, Apple tried to explain that the problem was not the antenna, but that it was a calculation mistake that makes it appear that there were two more bars of reception -- seriously. Apple did offer to fix the problem with a free software update (available in a "few weeks") for the iPhone 4, 3, and 3GS.

Continue reading Is Apple Going to Recall the iPhone 4?

Even Wozniak Has iPhone Antenna Issues

Apple's (AAPL) iPhone 4 must be the biggest tech event ever. And with tomorrow's news conference, the buzz has reached fever pitch.

I would certainly not want to be a senior executive at Apple right now. Steve Jobs is notorious for being extremely tough. Hey, there are stories where he has fired people in elevators, right?

Continue reading Even Wozniak Has iPhone Antenna Issues

iPhone 4 Has Good Opening Weekend

iphone 4 opening salesApple, Inc. (AAPL) launched its fourth generation iPhone this past weekend, and as was the case in the past, iPhone fanatics lined up across the country to get their hands on the new iPhone, leading to large sales volumes for the first three days the new smart phone has been on the market.

Everyone knew that the iPhone 4 would have a good opening weekend, but not even the most optimistic forecasts predicted that the company would sell 1.7 million units.

Continue reading iPhone 4 Has Good Opening Weekend

Amazon and Nook Prices Drop as E-reader Battle Wages On

Good news for those of you who haven't yet hopped on the e-reader bandwagon; now you can climb aboard for cheaper. A pricing battle between Barnes & Noble (BKS) - which makes the Nook -- and Amazon.com, Inc. (AMZN) -- parent of the Kindle -- leaves consumers the winners, as the devices are now priced south of $200.

The WiFi-only Nook is now available for just $149 (the 3G version is priced at $199) and the 3G-enabled Kindle has been marked down to $189 from $259. That's a 27% savings. It's also conveniently $10 less than the comparable Nook.

Continue reading Amazon and Nook Prices Drop as E-reader Battle Wages On

iPhone 4 Pre-Order Sales Trump 3GS

Apple, Inc. (AAPL) needs to send personalized holiday cards to all of its customers to thank them for their unwavering and fierce loyalty. Apple-philes are a special breed of fanatic, and they are always in search of the next innovation. Witness the initial iPad sales, which surpassed even Apple's optimistic expectations. And witness early pre-orders of the iPhone 4, debuting in the U.S. on June 24.

First, anxious shoppers crashed AT&T, Inc.'s (T) shopping server in the wee hours of Wednesday morning. AT&T has now suspended advance orders indefinitely. And still, the number of pre-orders for the iPhone 4 were 10 times higher than orders for the 3GS last year. If you weren't one of the lucky ones to order through Apple or AT&T while they still had existing inventory, you'll be waiting until the next shipment, expected to be before July 2.

Continue reading iPhone 4 Pre-Order Sales Trump 3GS

Isn't It Romantic? Shop Tiffany from Your Phone

diamond ringWell, guys, it's become a little easier for your girlfriend to hint for that engagement ring. On the plus side, it's become easier for you to shop for one. Tiffany & Co. (TIF) has launched a new app for Apple's (AAPL) iPhone, and it may just become a girl's best friend.

The free app, called the "Engagement Ring Finder," allows a would-be groom (or bride) to browse through shapes, settings, metals, designs, and carat sizes (only up to 2.5 carats, so the super generous among you will have to visit a TIF store). It is also possible to view the rings from various angles and look at them "actual size." Users can save their favorite looks to consult with friends and family via text, email, Facebook, and Twitter.

Continue reading Isn't It Romantic? Shop Tiffany from Your Phone

Apple iPhone: Season and Psychology over Substance

iPhone 4The world learned the details about the Apple Inc. (AAPL) iPhone 4G from Steve Jobs yesterday, and while he was presenting the amazing device with 100 new features and 24% slimmer profile, the company stock was sinking. Actually, most stocks were sinking.

The biggest reason for the stocks recent demise: the big cats decided it was time -- and others started to follow. There is nothing wrong with Apple at all and yesterday Jobs pushed out further in the race to produce the best product, stretching a lead he is intent on maintaining. I'm no Apple cheerleader having posted Apple $300 -- Not This Year! last February, when I thought the fanboys were confusing dreams with facts.

Continue reading Apple iPhone: Season and Psychology over Substance

AT&T Makes It Pricier to Escape Its Contract

Apple iPhoneI would bet my last dollar that someone out there has done the following: signed the necessary contract required to get that hot new smartphone with the thoughts that an escape clause will be easy to find. AT&T (T) is trying to make that escape clause much less attractive for fans of Apple's (AAPL) iPhone.

Starting June 1, AT&T customers carrying an iPhone will face a $325 termination fee if they break their two-year contract. That's a jump of roughly 85% from the current $175 fine. Ouch!

Continue reading AT&T Makes It Pricier to Escape Its Contract

Apple Stock Soars to All-Time High Following Strong Earnings Report

apple second quarter earnings reportShares of tech giant Apple Inc. (AAPL) rose to a new all-time high Tuesday afternoon after the company posted a 90% increase in profit for its fiscal second quarter, spurred by strong sales of its popular iPhone.

Heading into the earnings report, analysts had forecast $2.45 per share, but Apple shattered those estimates by posting $3.33 a share for the quarter. During the same period last year, the company reported earnings of $1.79 per share.

Continue reading Apple Stock Soars to All-Time High Following Strong Earnings Report

Apple's iPhone To Get Multitasking

iphone multitaskingThis summer, Apple Inc. (AAPL)'s iPhone and iPad are going to have a feature that iPhone users have been dying to see since the phone hit the market in 2007... the ability to multitask.

The iPhone took the world by storm when it was released, and each time Apple releases a new model of the popular smart phone consumers line up and wait for hours, and in some cases days, to get their hands on the new Apple iPhone. While the phone is one of the most popular phones on the market today, there are a couple of issues with them, and the inability to multitask ranks up at the top of list of features that iPhone users have wanted.

Continue reading Apple's iPhone To Get Multitasking

Last-Minute Gift? There's an App for That

Want your friend to try the "I Am T-Pain" iPhone app but they won't spring for the $2.99? Treat them to it. Apple's (AAPL) iTunes store now allows users to gift specific apps to their friends and family (provided they have iPhones or iTouches, of course). This was a natural step, as iTunes has allowed music fans to give songs and albums for years.

The logistics of the new program work as follows: go into iTunes, navigate to the desired app, click the drop-down button, and select "Gift This App." Once you enter the necessary information, the recipient receives an email notifying them of their gift. This feature is only available through iTunes software currently, but there are likely plans in play to bring it to the iPhone down the road.

Continue reading Last-Minute Gift? There's an App for That

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DJIA+46.3210,387.01
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Last updated: September 09, 2010: 03:20 AM

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