3 Tech Titans Making Noise: Apple’s iPhone Rumors, Morgan Stanley Pulls Google, Amazon’s Sunday Special
Apple Inc. (NASDAQ:AAPL): Bloomberg is reporting that Apple is preparing new iPhones in 4.7-inch and 5-inch formats as well as “glass that curves downward at the edges,” all slated for the second half of 2014. Apple is also apparently considering the integration of “sensors that can distinguish heavy or light touches on the screen,” suggesting the introduction of advanced haptic feedback capabilities, the news service reports.
Google Inc. (NASDAQ:GOOG): Google has been yanked from Morgan Stanley’s Best Ideas list — although the search engine giant’s shares are up 44 percent so far this year, its multiples remain subdued compared with those of some peers; Google currently trades at 16 times the 2014 estimated earnings per share after backing out net cash/investments, Seeking Alpha says.
Amazon.com Inc. (NASDAQ:AMZN): Amazon has announced that it will be partnering with the United States Postal Service to introduce Sunday deliveries of Amazon orders in Los Angeles and New York later this month. Once fully underway, Amazon says that a large portion of the U.S. population in 2014 — including Dallas, Houston, New Orleans, and Phoenix — will be covered.