Can a Korean Expansion Give Apple a Much-Needed Boost?
Apple is working with Korea’s SK Telecom (NYSE:SKM) to release an LTE-Advanced iPhone in the coming months. The news comes after Apple’s biggest rival, Samsung Electronics (SSNLF.PK) introduced its own LTE-A phone last week.
The telecom company has approached Apple to put its LTE-A technology into the new iPhone 5S. LTE-Advanced (LTE stands for long-term evolution) networks can allow users to download at speeds twice as fast as regular LTE networks. LTE-A carrier aggregation gives users the ability to combine radio channels across different bands and simultaneously download information via two or more LTE radio channels. Regular LTE networks only allow for downloads from one channel at a time.
Will The iWatch Send Apple Higher?
Apple has been one of the most innovative companies of our time. Its products exist in many homes and companies around the world and continue to see significant demand domestically and internationally. With rumored Apple products, such as the iWatch and new iPhone devices, flooding the headlines as well as announced products such as iOS 7, look for Apple to continue to deliver.
Apple stock witnessed an explosive move higher within the last decade. The stock has now pulled back from all-time highs but seems to be forming a base around these prices… (Read more.)
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