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Apple Beats Estimates, Most Looking to Second Half of 2014

Date:
April 24, 2014
Source:
TheStreet / Powered by NewsLook.com
Summary:
TheStreet's Stephanie Link and Real Money Contributor Dan Nathan discuss Apple's first quarter results. Link and Nathan expected the tech giant to lower guidance for the current quarter which they felt could send shares lower and present a buying opportunity. Nathan says options are cheap because Apple has been aggressively buying back shares. Video provided by TheStreet


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last updated on 2014-07-24 at 11:52 pm EDT

Why Apple’s Acquisition of Beats Is Important to the Brand

Why Apple’s Acquisition of Beats Is Important to the Brand

TheStreet (June 5, 2014) — Integrating Beats Music and Beats Electronics into the Apple ecosystem could potentially revive the iTunes platform and strengthen brand recognition with the association of Dr. Dre and Jimmy Iovine, Stephanie Link and Jill Malandrino point out. Link and Jim Cramer own shares of Apple in the Action Alerts Plus portfolio, but Link mentions that the stock is up 40% in the last year and would not necessarily buy it up here. That said, second half of the year product cycles will kick in and it may not all be priced into the shares just yet because we really don’t know how much of a game changer the iPhone 6, watch or home products will be. Video provided by TheStreet
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Expect Apple to Debut Smart Home Software and Healthbook at WWDC

Expect Apple to Debut Smart Home Software and Healthbook at WWDC

TheStreet (June 2, 2014) — As Apple kicks off its Worldwide Developers Conference today in San Francisco, correspondent Sergio Quintana offers an on-location preview of what to expect. With Apple's decision to live stream the event sparking many rumors that a big announcement will be made, Quintana reveals what we can expect. He discusses the likelihood that smart home software will be unveiled, the potential of a new iPhone or upgrade to Apple TV and how likely it will be that Dr. Dre and Jimmy Iovine will be present to discuss the recent Beats acquisition. He also reveals what he'll be listening for when chief executive Tim Cook gives the keynote address later today. Video provided by TheStreet
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Apple Files for Sales Ban on Nine Samsung Phone Models

Apple Files for Sales Ban on Nine Samsung Phone Models

TheStreet (May 27, 2014) — It's round two in the battle between Apple and Samsung after Apple filed for a sales ban on nine of Samsung's older models of phones. It's the latest in what has been a long legal battle between the companies. Earlier this month, Apple received only $120 million dollars in a patent lawsuit against Samsung, a fraction of the $2.2 bilion dollars it had originally sought in damages. Now, Apple is seeking a ban, arguing it is more important than any monetary compensation won in protecting the three patents it accuses Samsung of infringing. For its part, Samsung says the claims are overblown and a ploy to muscle out the competition. Apple has asked the court to either order a retrial or to review the compensation awarded by the jury. Video provided by TheStreet
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Tablet Sales Decline for the First Time Since iPad Introduction

Tablet Sales Decline for the First Time Since iPad Introduction

TheStreet (May 29, 2014) — Tablet computers are selling slower for the first time since Apple introduced the iPad four years ago, although to be fair, consumers still love them. Market intelligence firm IDC expects 245 million tablets to fly off the shelves in 2014. But, it was slow going into the first three months of the year. Shipments of new tablets fell 5% to just a little over 56 million units. Apple is the most popular tablet manufacturer in world with about a 20% market share, but Apple's shipments during the first quarter slid more than 16% to 16 million units. Some of the change can be attributed to users holding on to the devices longer, as many don't feel the need to replace what they already have and if they do upgrade, they give the older model to a family member or a friend, which makes them less likely to buy another one. Smartphone screens are also getting bigger and phablets are eating away at tablet's market share. Video provided by TheStreet
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