Tuesday, August 18, 2009
Dear IPhone Users: Your Apps Are Spying on You
Recently, Palm came under fire when programmer Joey Hess discovered the Pre’s smartphone OS was sending users’ GPS locations back to Palm on a daily basis.
Recently, Palm came under fire when programmer Joey Hess discovered the Pre’s smartphone OS was sending users’ GPS locations back to Palm on a daily basis.
Researchers believe the mobile phone system makes youngsters less thoughtful and more prone to making mistakes elsewhere in life.
Strength in the NAND flash memory chip market, and from Apple’s iPhone in particular, should help SanDisk beat expectations when it reports Q2 earnings when it reports tomorrow, according to a note today from Stifel Nicolaus analyst Patrick Ho.
Two new surveys on cellphone use show that Americans love their handsets, possibly to the detriment of their spouses and social lives.
Motorola shares are getting a boost from Bank of America/Merrill Lynch analyst Tai Liani, who this morning raised his rating on the stock to Buy from Neutral, setting a price target of $9, up from $7.
Is Motorola planning to hold a fire sale?
Oppenheimer analyst Ittai Kidron observes in a research note that the company continues to plan the spin-off of its crumbling handset business sometime next year. But he says checks suggest the company is in the middle of strategic planning process that could lead to other asset sales as well over the next 12 months.
Is Motorola going to dust off its plan to spin off its handset business as a separate public company?
Oppenheimer analyst Ittai Kidron thinks so.
Unable to get the attention of the wireless carriers, Dell has decided to enter the mobile phone market by selling its wares direct through retailers, according to Collins Stewart analyst Ashok Kumar. The analyst writes that the carriers have decided to pass on Dell’s handset, “citing a non-compelling product with a roadmap that lags competition.”
Shopping on cellphones–long a dream among e-commerce companies–is not yet a mass-market phenomenon. But some new tools could help change that picture.
Are things picking up at Nokia?
Maybe… or at least, they seem to be getting worse at a decelerating rate.
RBC Capital’s Mark Sue this morning repeated his Outperform rating on the stock and lifted his price target to $16, from $12, asserting that the company’s operating margins in mobile device many have bottomed. “It’s been the most volatile global handset quarter since we can remember, yet the shock to the system seems to be dissipating,” he writes.
Apple now finds itself where everyone else in the mobile handset business wanted to be 15 years ago. Large companies full of clever people devoted years of planning and expenditure to fail to get here. How did a company with no track record in a notoriously difficult business find itself walking away with the laurels? What can explain this paradox?
Bold call this morning–no pun intended–from ThinkEquity analyst Mike Burton, who launched coverage of Research In Motion with a Sell rating and a $30 price target.
Shares of companies in the mobile phone sector are staging a furious rally today, with many companies up by 10 percent or more, on some hints from the industry that demand might be bottoming. Here are a few factors contributing to the more bullish tone…
Wireless technology company InterDigital shares are heading lower in early trading after the company posted weaker-than-expected Q4 profits. The company’s profits of nine cents a share fell short of the Street’s expectation of 16 cents.
How bad is the market for cellphones? Really bad. Worse than really bad.
RBC Capital’s Mark Sue this morning cut his Q1 forecast for global handset unit demand to 230 million, from 248 million, which would mean a sequential drop of 25 percent. For the full year, Sue now expects handset units to drop 18 percent.
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