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What Is the Potential Upside If Walmart Gains Ground on iTunes?

Walmart (WMT) logoWal-Mart Stores, Inc (WMT) is the world's largest retailer, competing with companies like Target (TGT), Costco (COST), Amazon (AMZN) and Best Buy (BBY). Our price estimate for Wal-Mart stands at $65.42, which implies a premium to market price.

Continue reading What Is the Potential Upside If Walmart Gains Ground on iTunes?

Apple Finally Starts Selling Beatles Songs Through iTunes

BeatlesThere are definitely a lot of happy Beatles fans out there today, as Apple Inc. (AAPL) announced that it would finally be selling Beatles material through its iTunes store.

Fans have been waiting, not-so-patiently, for this to happen for years now, and today it has finally arrived. Apple wrote on its website that "In 1964, the band that changed everything came to America. Now they're on iTunes."

Continue reading Apple Finally Starts Selling Beatles Songs Through iTunes

Apple's Ping Gets Off to a Rocky Start

Ping logoApple's (AAPL) new iTunes-based social networking service, Ping, has gotten off to a somewhat rocky start. The service allows iTunes users to see what others like and to recommend music.

But within 24 hours of Ping's launch it was inundated with comment spam. While Apple filters Ping for other offensive material, it apparently forgot about such spam, an obvious oversight.

Continue reading Apple's Ping Gets Off to a Rocky Start

Closing Bell: A Good September Start (AAPL, BCSI, BKC, JPM, SLRY, RDC, APOL)

After a weak August, stocks got off to a great start in September. The international markets were already trying to offer a bounce for support this morning, and stocks rose as Treasury prices fell after the ISM manufacturing data showed a surprise gain overall. Several smaller regional reports on manufacturing over the last ten days were offering very cautious data, so it was a welcome and somewhat unexpected surprise.

Here were today's unofficial numbers:

Dow Jones 10,269.70 +254.98 (2.55%)
S&P 500 1,080.27 +30.94 (2.95%)
Nasdaq 2,176.84 +62.81 (2.97%)

Top Analyst Calls

Continue reading Closing Bell: A Good September Start (AAPL, BCSI, BKC, JPM, SLRY, RDC, APOL)

Will New Apple TV Include Netflix Support?

Apple TVApple (AAPL) is going to have a big day Wednesday, which could include announcing a new Apple TV with Netflix (NFLX) support, and the fourth generation of the iPod Touch.

According to a report on Bloomberg, Apple will be announcing the new Apple TV with streaming Netflix videos today at its music-themed press conference.

Continue reading Will New Apple TV Include Netflix Support?

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

iTunes Gets Hacked!

I recently developed an iPhone app and got it approved on Apple's (AAPL) iTunes app store. The process was not easy. I had to provide my corporate papers and other items of identification.

Yet, the fact remains that the system is far from fail-safe. After all, there are over 225,000 apps on iTunes -- and the growth continues at a rapid clip.

Continue reading iTunes Gets Hacked!

Akamai on Fire

Business has been booming for Akamai (AKAM), which provides high-end technologies to deliver large amounts of Internet traffic and video. In the latest quarter, adjusted earnings came to $0.35 per share and revenues were up 14% to $240 million. The company also posted $88 million in cash flows from operations.

On the news, the shares of Akamai are up 16.7% to $38.72 in today's trading. The Street expected earnings of $0.31 per share and revenues of $230 million. However, in light of the spike in the stock price, investors may want to hold off on buying stock right now, and wait until things cool down.

Continue reading Akamai on Fire

Twitter Acquires Tweetie, Loren Brichter

Twitter logoLast year, Twitter said it had two goals for 2010: generate revenue and make acquisitions. At the time, the company was still sitting on a significant portion of its last round of capital, and given the $20 million annual burn rate revealed late last year -- plus the revenue it's generating -- it's unlikely that Twitter has had to deplete its coffers. So, Twitter has cash to put to work, and now we're seeing what that means.

On its blog, Twitter announced Friday that it has entered into an agreement with Atebits (aka Loren Brichter) to acquire Tweetie, which is one of the top Twitter clients for the Apple (AAPL) iPhone. In addition to acquiring the application, Twitter is also picking up talent. Brichter's efforts were good for a 2009 Apple Design Award, and he'll be part of future efforts to get Twitter for the iPad off the ground.

Continue reading Twitter Acquires Tweetie, Loren Brichter

Apple iPad Could Offer TV Episodes for $1

What if Apple's (AAPL) rather underwhelming iPad product was meant to underwhelm and then take niche content categories by storm? The tablet announced by the company back in January received a rather lukewarm reception by the many who wanted a full-fledged computer in their hands -- without the laptop form factor.

Although many instantly nicknamed the iPad a giant iPod touch, its capabilities as an educational tool (think textbook replacement) and web browser (minus flash video) seemed solid. But what about movies and television episodes?

Continue reading Apple iPad Could Offer TV Episodes for $1

Apple $300 -- Not This Year!

Shortly after the introduction of Apple, Inc.'s (AAPL) long anticipated iPad tablet computer I was quite surprised to receive an email from one of our more astute readers boldly stating "Game, set and match. See you at $300"

My immediate reaction was that this overly zealous stock trader and Apple enthusiast had let all reason escape his cranium. For me it reinforced how irrational investors are and how little they understand numbers. Apple stock will not reach $300 this year.

Continue reading Apple $300 -- Not This Year!

Google's YouTube to offer paid TV shows?

Google (GOOG) has been pondering about how to more fully monetize YouTube, and the answer may be one of the most obvious alternatives: sell streaming content instead of giving nearly everything away for free, even with all the different kinds of ads YouTube features now.

This should not come as a surprise. Google is experimenting with as many revenue models as possible to try and tap into the potential war chest of cash waiting to fall down from the world's largest video website property. The first volley? Compete head-to-head with Apple (AAPL) iTunes and offer individual television episodes for $1.99 each.

Continue reading Google's YouTube to offer paid TV shows?

In an car accident? There's an app for that

Leave it to the lawyers to build a better mousetrap with an iPhone. In the United Kingdom, solicitors Bott & Co found a new question to which the answer is: "There's an app for that." The Car Accident Assistant is the firm's latest contribution to humanity and is available for download from Apple's (AAPL) iTunes environment. If you're in a car accident, you can use the application to connect to the law firm's 24-hour accident help system.

As the ol' infomercial guys love to say, "But, wait! There's more!"

The Car Accident Assistant can be used to help the afflicted collect information about the accident, including vehicles and location. And, you can even take pictures of the accident and gather info from witnesses. It's like having a lawyer in your phone!

Continue reading In an car accident? There's an app for that

Android gets a red light district

Tired of the prudes over at Apple (AAPL), who keep a tight leash on filth in iTunes? Well, it seems like the folks at Google (GOOG) are keeping an open mind. Even though its Android Market isn't playing in the adult space, Google isn't preventing adult-only content from getting on its devices, while Apple has made it a point to keep its iPhones and iPods clean from the start.

The latest entrant into the Android experience is a company called MiKandi (say it, "my candy"), which provides mobile access to the hot stuff you can enjoy on a screen of any size. MiKandi has no connection to Google other than the use of its technology.


Continue reading Android gets a red light district

Is Apple closing in on Microsoft?

Even the thought is hard to believe for anyone who's been watching Apple Inc. (AAPL) over the long run. Once upon a time, the company was presumed dead, while Microsoft Corporation (MSFT) continued its march to market dominance. Today, Apple's $180 billion market value is evidence of a new era. Though it's still behind Microsoft's $250 billion, the company's rapid ascent and substantial market presence make at least speculation of catching up to the Redmond giant worth a few minutes of thought.

Microsoft is currently the most valuable technology company in the world, according to a Reuters report. Even Google, Inc (GOOG), with its astounding brand recognition and position as gateway to the internet, is worth "only" $136 billion. Apple, which was once considered a computer company that sold into education and appealed to some graphics geeks, has reasserted itself as a major global presence.

Continue reading Is Apple closing in on Microsoft?

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Last updated: February 11, 2012: 03:17 AM

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