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August 20, 2012 Posted By:
admin
As Apple's share price approaches $665, are some analysts having second thoughts?
FORTUNE -- After Apple (AAPL)'s third fiscal quarter earnings came in below Wall Street's expectations, several analysts -- including Goldman Sach's Bill Shope, ISI's Brian Marshall and BMO's Keith Bachman -- lowered their 12-month price targets (to $790, $710 and $680, respectively).
At least their targets are still higher than...
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August 19, 2012 Posted By:
admin
On Friday, Google’s Motorola Mobility unit filed a patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. So far, Motorola has only confirmed that this lawsuit has indeed been filed. The details of the lawsuit remain elusive, as the actual documents won’t be available on the ITC’s website until Monday and Motorola hasn’t...
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August 19, 2012 Posted By:
admin
On Friday, Google’s Motorola Mobility unit filed a patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. So far, Motorola has only confirmed that this lawsuit has indeed been filed. The details of the lawsuit remain elusive, as the actual documents won’t be available on the ITC’s website until Monday and Motorola hasn’t...
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August 19, 2012 Posted By:
admin
Mountain View turns the tables on Cupertino at the U.S. International Trade Commission
FORTUNE -- So far, the "thermonuclear war" Steve Jobs promised to wage against Google (GOOG) for allegedly ripping off the iPhone has been fought through proxies -- several dozen lawsuits filed in courts around the world against the manufacturers of Android phones and tablets.
Now, in a move rich...
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August 18, 2012 Posted By:
admin
Earlier this week, a few reports emerged about Apple’s upcoming plans to disrupt the TV market. The first mentioned that Apple was trying to work with cable providers on finding new ways to distribute TV through its hardware, rather than trying to license content itself. The second report gave a few more details about what that hardware...
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August 17, 2012 Posted By:
admin
Company acknowledges "mistake" as planned cutbacks are reversed
Daring Fireball's John Gruber likened it to the most vicious dressing down of a sales staff in American film history -- Alec Baldwin's tirade in Glengarry Glen Ross. The Loop's Jim Dalrymple called it "one of the worst decisions" Apple (AAPL) had made in a decade. "This has the stench," Dalrymple wrote, "of a man...
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August 17, 2012 Posted By:
admin
According to Bloomberg, Google’s Motorola unit just filed a new patent-infringement lawsuit against Apple with the U.S. International Trade Commission (ITC) in Washington. According to this report, Google’s complaint seeks to block Apple from importing the iPhone, iPad, iPod Touch and “various Apple computers.” Today’s lawsuit is only the latest in a long series of recent...
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August 17, 2012 Posted By:
admin
One fund manager says his biggest fear is that he's missed his chance to fully buy in
FORTUNE -- The last time Apple (AAPL) closed above $630 was April 9, 2012. The next day it began into a ragged six-week decline that by May 18 (the sharp dip in the middle of the chart at right) had knocked $115 off the...
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August 17, 2012 Posted By:
admin
One fund manager says his biggest fear is that he's missed his chance to fully buy in
FORTUNE -- The last time Apple (AAPL) closed above $633 was April 9, 2012. The next day it began into a ragged six-week decline that by May 18 (the sharp dip in the middle of the chart at right) had knocked $115 off the...
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August 17, 2012 Posted By:
admin
One fund manager says his biggest fear is that he's missed his chance to fully buy in
FORTUNE -- The last time Apple (AAPL) closed above $630 was April 9, 2012. The next day it hit an intraday high of $644 before hurtling into a ragged six-week decline that by May 18 (the sharp dip in the middle of the chart...
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