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Barnes & Noble Finally Wakes Up to the Internet

The past couple years have been brutal for some retail chains because of disruptive changes in technology. For example, this week Blockbuster (BBI) said it may file for bankruptcy. With huge debts and lagging sales, the company continues to lose marketshare to online alternatives like Netflix (NFLX).

There's also the case with H&R Block (HRB). The company is feeling the pressure against rivals like Intuit's (INTU) TurboTax, which continues to grow its online business.

Continue reading Barnes & Noble Finally Wakes Up to the Internet

Why Won't Google Deliver an Apple iPhone Killer?

Even though the consumer electronics industry wants to have some company -- any company deliver an Apple (AAPL) iPhone killer, that company won't be Google (GOOG). Google, on the other hand, has become Apple's Microsoft (MSFT) from the late 1980s. What's that, you say?

Microsoft took the personal computer market by storm by not tightly controlling every piece of hardware and software that was used with its now-ubiquitous Windows operating system. Apple, on the other hard, guaranteed a solid user experience by tying its excellently-designed hardware with only its own operating system software. It's been said that Microsoft, more than any other company, enabled the PC era by not controlling the hardware it's software rode on top of. Google has the same goal in the mobile space, which is where the future of consumer computing is headed.

Continue reading Why Won't Google Deliver an Apple iPhone Killer?

Dell's New Mini 5 Tablet Will Include Amazon Kindle Reader. Will Apple Care?

Dell's (DELL) is about to start thinking that it's newer Mini 5 hybrid device will be an Apple (AAPL) iPad competitor. Each device has not even been released yet, and there are competitive stirrings already afoot. The Dell unit, which looks like a large smartphone but not quite as large as a tablet computer, will bring a ton of Amazon (AMZN) services to bear in order to try and compete with the Apple content ecosystem that will surely blow all others away once the iPad starts shipping next month. Can an Amazon Kindle e-reader application pre-loaded on Dell's device really give an iPad a run for its money?

Continue reading Dell's New Mini 5 Tablet Will Include Amazon Kindle Reader. Will Apple Care?

iPad Hype Gets New Life with Day One Sales Guesstimates

Do crowds really have any wisdom? Well, we're working without confirmation, but members of the AAPL Sanity Board forum, which isn't open to the public, puts the first-day tally for Apple's (AAPL) iPad at 120,000.

The group used the order numbers from their own Apple Store purchases and extrapolated based on time stamps and serial numbers. The data was from 48 orders for 54 of the devices.

Continue reading iPad Hype Gets New Life with Day One Sales Guesstimates

Closing Bell: When Bad Jobs Are Really Great

Today's unemployment data coming in flat at 9.7%, and a lower than expected loss in non-Farm payrolls data, led the markets to treat the data as though there was really an add in jobs outside of weather. Stocks opened strong and stayed that way all day. If you can believe it, late day data from the Fed showed that Americans actually increased consumer credit in January. That is the first credit gain in a year, even if it is not universal.

Here were today's unofficial closing bell levels:

Dow 10,566.20 +122.06 (1.17%)
S&P 500 1,138.69 +15.72 (1.40%)
Nasdaq 2,326.35 +34.04 (1.48%)

Continue reading Closing Bell: When Bad Jobs Are Really Great

Apple Sets Date for iPad Sales

Apple (AAPL - option chain) shares are rising today after the company announced this morning that its iPad tablet computer will be available for sale in the US on April 3, starting at a retail price of $499. Consumers can preorder the device beginning on March 12. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on AAPL.

AAPL opened this morning at $214.94. So far today the stock has hit a low of $214.63 and a high of $218.30. As of 11:40, AAPL is trading at $218.22 up 7.51 (3.6%). The chart for AAPL looks bullish and S&P gives AAPL a positive 4 STARS (out of 5) buy ranking.

Continue reading Apple Sets Date for iPad Sales

Is Apple Too Secretive About Its Products?

Apple (AAPL) has shown that a locked-down, incredibly easy-to-use wireless handset like the iPhone is precisely what customers want. Even with all the limitations the iPhone seemingly has, it "just works" -- and that's what tech-overwhelmed consumers want. Is Apple so fearful of its secrets and products under development that its suppliers are acting Orwellian? Sure.

This Reuters article is as accurate as anything that's turned up recently about how Apple's super secrets are kept until a product is announced on launch day. Suppliers and outsourcers are kept in the dark in many ways, employees are treated like spies and even mild violence can occur sometimes. For all the good press Apple receives, is this the way its suppliers are told to operate -- like clandestine nuclear arms operators? To protect all things Apple, apparently so.

Continue reading Is Apple Too Secretive About Its Products?

Apple Wants to Store All Your Media on the Internet

Apple, Inc. (AAPL) has a vision for where it feeds you your digital video and audio content: the web. Instead of iPods, iPhones and iPads having storage devices like flash memory, hard drives or memory cards, wouldn't it be great to have all that zapped to your Apple device of choice anywhere there would be a wireless WiFi or 3G signal? Sure it would!

Continue reading Apple Wants to Store All Your Media on the Internet

Chasing Value: Berkshire Eating Up Apple -- Can It Continue?

Yes it can. Berkshire Hathaway Inc. (BRK.B) can outperform Apple Inc. (AAPL) in 2010. That was my thesis in December (see Buffett's Berkshire vs Jobs' Apple for 2010?) and I still believe all the Apple hype in the world will still succumb to a solid value proposition in the long run.

While Apple was reaching new all time highs Berkshire was treading water through 2009. However, after a monster run-up Apple is taking a breather.

Continue reading Chasing Value: Berkshire Eating Up Apple -- Can It Continue?

Closing Bell: The Upward Momentum Stuck (AAPL, NYT, AIG, SIRI, IPI, OSIP)

Today was one of those days that started out strong and just stayed strong. Spending in January rose 0.5% but outpaced a 0.1% gain in personal income. This morning's strength came on the heels of an overseas stock market rally and that was enough to keep things rolling all day, even if the manufacturing data was lackluster. Here were today's unofficial closing bell levels:

DJIA: 10,403 (+0.76%)
S&P 500: 2,273 (+1.58%)
NASDAQ: 1,115 (+1.02%)

Top Analyst Upgrades/Downgrades
Top Day Trader Alerts

Continue reading Closing Bell: The Upward Momentum Stuck (AAPL, NYT, AIG, SIRI, IPI, OSIP)

Palm Changes Outlook for Fiscal Year, Cites Slow Sales

Palm (PALM) was the talk of the town back about a year ago when its vaunted Palm Pre smartphone won all kinds of awards and was hailed as the savior of the once-powerful technology company. After the Palm Pre was released last June and was followed up by the Palm Pixi wireless handset, the turnaround started but never really revolutionized the company as many thought would happen.

Continue reading Palm Changes Outlook for Fiscal Year, Cites Slow Sales

Before the Bell: Futures Lower After Data; Ahead of Bernanke

U.S. stock futures fell Thursday morning as investors digested news of a possible downgrade of Greece's sovereign debt and prepared for the second day of testimony from Federal Reserve Chairman Ben Bernanke, as well as the release of several key economic indicators.

Both Moody's and Standar & Poor's said a donwngrade of Greece's sovereign debt is still possible, depending on how it enacts its fiscal reform plans. Of course, a downgrade would increase the country's borrowing costs and exacerbate its problems. This also caused fears of other possible defaults among other eurozone countries. Wold markets retreated in response.

Continue reading Before the Bell: Futures Lower After Data; Ahead of Bernanke

Ngmoco: iPhone Game Developer Scores $25 Million

Capital keeps pouring into the fast-growing iPhone gaming space. And the deals are getting bigger and bigger.

This week, iPhone gaming startup, ngmoco, announced a Series C round of $25 million. The investors included Institutional Venture Partners, Kleiner Perkins, Norwest Venture Parters, and Maples Investments.

ngmoco's outspoken CEO, Neil Young, said that the capital will further crush the competition (in total, the company has raised $40.6 million). And he's not blowing smoke. His company has a enviable track record in developing red-hot games. For example, there are nine million downloads of TouchPets and Eliminate.

Continue reading Ngmoco: iPhone Game Developer Scores $25 Million

Entrepreneur's Journal: Five Cool iPhone Apps for Your Business

Since hitting the market in 2007, Apple's (AAPL) iPhone has seen incredible growth. The design is sleek and the experience is user-friendly. Besides, there are more than 140,000 applications to download.

Interestingly enough, more and more entrepreneurs are using the iPhone to help run their businesses.

Continue reading Entrepreneur's Journal: Five Cool iPhone Apps for Your Business

Mobile Biggies Fend Off Apple's App Store

When Apple (APPL) launched the iPhone three years ago, the big attraction was the sleek design and cool graphics. However, there was something else that was truly innovative: the app store. Basically, Apple allowed third-party developers to create applications for the iPhone, which certainly benefited customers. It has turned into a cash machine, as Apple gets a cut of all the downloads.

Wanting to capitalize on this -- as well as try to slow down Apple -- a group of mobile companies have formed an alliance, called the Wholesale Applications Community. The members include 24 companies, such as AT&T (T), China Mobile (CHL), Verizon (VZ), NTT DoCoMo, Bharti Airtel and Vodafone (VOD).

Continue reading Mobile Biggies Fend Off Apple's App Store

Next Page »

Symbol Lookup
IndexesChangePrice
DJIA-37.1910,741.98
NASDAQ-16.872,374.41
S&P 500-5.921,159.90

Last updated: March 21, 2010: 11:29 PM

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