Posts Tagged ‘iPhone’

Palm Drops On Apple Patent

Palm (PALM, $6.50, down $0.87) is down more than 10% this morning after the U.S. Patent Office awarded Apple (AAPL, $90.22, up $0.58) a patent for its intellectual property involving the iPhone. There is a lot of hype with the Palm Pre, a new smartphone from Palm that has iPhone-likeRead more

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Is Apple Ripe or Rotten?

Apple (AAPL, $88.90, down $1.22) is trending lower this morning after a price target cut on its shares. Credit Suisse reduced their target for Apple to $120 from $135 as it sees weakening demand for the PC market. They maintained an “Outperform” rating on the stock. I’m a huge AppleRead more

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Apple Could Surprise

We have a big week of earnings and Apple (AAPL, $97.26, down $0.14) will get things rolling on Tuesday. The stock hit a low of $85 on October 10 and rebounded to $116 a few days later which shows that the volatility can be extreme. There are various opinions onRead more

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RIMM Shares Tank After Earnings Miss

Research in Motion (RIMM, $97.53, up $0.82) reported earnings after the bell and they weren’t pretty. Wall Street was eager to hear the news but punished the stock in after-hours trading when the company missed earnings by a penny. I mentioned on Monday that analysts were looking for revenues ofRead more

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RIMM Hitting New Highs

Research in Motion (RIMM, $141.69, up $8.92) is having a stellar day, hitting an all-time high of $143 earlier in the session. The company unveiled its latest BlackBerry model dubbed, the Bold, which was its first major new model in over a year. The phone is expected to compete directlyRead more

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