4 Tech Stock Stories To Inspire Investor Chatter
BlackBerry (NASDAQ:BBRY): Current price $16.20
The BlackBerry Z10 seems to be taking off faster than observers had predicted, as two research notes give support to reports of strong demand for the first handset of the type. On Monday, Analysts Pierre Ferragu at Bernstein and Jeff Kvall at Barclays reported details of their own Z10 retail checks, which mostly corroborate the findings of an earlier survey by Jefferies. Ferragu cited early enthusiasm for the devices in the United Kingdom as he elevated his target price on RIM shares from $12 to $22, commenting that “We have grown more confident in the likely success of the BlackBerry 10 launch, supported by low channel inventories, strong operator support and material pent-up demand. Initial feedback we have received from distributors on the first days of sales is particularly positive.” Kvaal found similar results from his own channel checks, surveying several BlackBerry vendors in the U.K. over the weekend and heard that BlackBerry Z10 sales were strong, remarking that “Our recent store checks suggest that initial sales of the BlackBerry Z10 are off to a solid, if not healthy start in the U.K. We believe this is a function of strong sell-through versus limited sell-in.
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Apple (NASDAQ:AAPL): Current price $458.26
Following years of chatter that Apple is developing streaming radio service through which to rival such names as Pandora Media (NYSE:P), a new find in the most recent version of iOS imply that such a service might be poised for an intro, possibly even this year. Details are sketchy and discussion with music labels are said to have been arduous. 9to5Mac searched through the latest version of iOS and found two radio buttons labeled “buy” that could ultimately lead to a portal at which iOS device users can subscribe to Apple’s upcoming streaming radio service.
Nokia Corporation (NYSE:NOK): Current price $3.92
Nokia might carefully move into the tablet market as the next phase beyond its Windows Phone-based Lumia lineup. Chief executive Stephen Elop told reporters in Sydney on Sunday that his firm is “very closely” examining tablets, but has yet to make an official announcement, reports the Australian Financial Review.
Microsoft Corporation (NASDAQ:MSFT): Current price $27.55
The Chinese vendor Huawei Technologies is collaborating with Microsoft so as to bring its Windows Phone smartphone to Africa, while the firms look to add to mobile accessibility and adoption there. In a Tuesday statement, Huawei announced that it is introducing the Huawei 4Afrika handset exclusively for the that region. The product features a customized application store with an array of applications and content which are designed by Africans for their domestic customers.
Don’t Miss: Is BlackBerry’s Z10 Off to a Flying Start?