Tech Titans on the Move: Apple’s NEW Market, Microsoft Gets Dirty
Apple Inc. (NASDAQ:AAPL): The initial pre-paid U.S. carrier to offer the iPhone will be Cricket Communications, a wholly-owned subsidiary of Leap Wireless (NASDAQ:LEAP). Starting Friday, June 22, Cricket will make available the iPhone 4S and iPhone 4 with its $55/month, all-inclusive unlimited talk, text and data plan.
Don’t Miss: An iPhone Made in the USA? That’s Just Idealism.
Google Inc. (NASDAQ:GOOG): Due to the weakness of the euro, Stifel Nicolaus lowered its Q2 estimates on Google. Its Q2 revenue estimate is currently lower than consensus, and endorses waiting for a more appealing entry prior to purchasing Google shares. Stifel Nicolaus is sticking to a Hold rating on the stock.
Microsoft Corporation (NASDAQ:MSFT): It will take a good deal of work thanks to new UI and CPU architecture, but Microsoft is gunning to make a healthy app ecosystem for Windows 8 tablets, having trained more than 80 design firms to assist with building the apps and promoting app writing among its own employees. Michael Mace recently went public with a significant treatise on why tablet developers ought to not dismiss Windows 8.
Intel Corporation (NASDAQ:INTC) is still going with its rolling Ivy Bridge launch with the announcement of dual-core and low-voltage notebook parts. Intel also reports that there are now 110 ultrabooks that include Intel CPUs in the pipeline, with touchscreens on 30. Ten of those touchscreen models are notebook/tablet combos. In another realm, Intel reports that Lenovo has started selling its K800 phone, which boasts a Medfield app processor, for $520 without contract.
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