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AAPL Up Ahead Of iPad Announcement
Stocks are up in early trading on the mostly benign ADP jobs report. Shares of AAPL are up ahead of today’s event. Investors continue to be focused on the iPad update to be announced TODAY (see below); iPhone adoption and penetration; market share growth of the Mac business; further penetration in China and emerging markets; the evolution and potential re-conception of Apple TV; and platforms such as Siri, iAd, iBooks and Ping. Shares of Apple trade at 10.2x Enterprise Value / Trailing Twelve Months Free Cash Flow (including long-term marketable securities).THE NEXT GENERATION IPAD EVENT IS FINALLY HERE! (Business Insider)
Please join us for LIVE COVERAGE of Apple’s special event taking place today at the Yerba Buena centre for the Arts theatre in San Francisco at 1:00 p.m. ET / 10:00 a.m. PT.
10 Features Likely To Make It Into Apple’s New iPad 3 (Pad Gadget)
rumours have been flying for the last week (year), so at this point, it’s hard to tell what we’re going to see in the new iPad. Here’s a guess:
- Retina display
- Quad-core processor / more RAM
- Improved camera
- Siri integration
- Slightly different form factor
- Similar pricing
- iOS 5.1
- Home button
- March 16th release date
Apple Can Easily Get To $300 Billion In Revenue, Says Barclays (Business Insider)
Barclays analyst Ben Reitz basically suggests Apple could easily get to $1,000 a share in the next four years. Officially, he raised his price target to $710 from $630. How do we get from $710 to $1,000? Reitz says Apple can generate $300 billion in annual revenue and $75 in annual EPS by the end of 2015. And that’s without factoring in an Apple television set, which could kick in a few extra billion in revenue and “well over” $5 in EPS.
Googorola Forced To Hand Over Android Development Secrets To Apple (Various via Scoople)
Google and Motorola have been ordered to hand over Android development information to Apple, with a Chicago judge apparently agreeing with Apple that roadmap details along with acquisition info is vital to Apple’s patent lawsuit. The development is a key one for its impact on drawing Google into the patent fight that has until now mostly seen the company staying in the background of the Android-iOS patent disputes.
Apple May Collect $5-15 On Every Android Handset (Business Insider)
Apple has approached Samsung and Motorola to ask for patent licensing fees of $5 to $15 per handset. Apple is not particularly interested in earning money from Android, it mainly wants to make Android more expensive for resellers. This is exactly how Microsoft has been fighting Android for the last couple of years.
How Apple Could Screw The Wireless Industry (GigaOM)
While there’s no official confirmation that the iPad 3 will be the first iOS device with LTE connectivity, there’s a lot riding on that spec sheet. If the new iPad (and more importantly the next iPhone) doesn’t support LTE, Apple will have struck a huge blow to the wireless industry and impeded mobile broadband’s progress. The simple fact is that LTE is a much more efficient way of delivering mobile data. Operators not only have more capacity to offer their customers but also can, in theory, sell that capacity at a lower price. If not, here’s what we might face:
- Operators would be forced to invest in older, less-efficient technology rather than new technology
- Spectrum would be tied up in older technologies for years to come
- Data pricing could remain static
While LTE chips are costly, there’s a lot more at stake than just Apple’s billable cost of materials.
Survey Finds Over 40% Of iPad Users Want The New One (The Next Web)
According to a new study conducted by PriceGrabber, 42% of current iPad owners are planning to buy the iPad 3. The site conducted the study over 1,829 persons, and not only did they find out that 42% of current iPad owners plan to buy the iPad 3, but also got to hear what the customers would like to see out of the tablet. When the surveyed customers were asked when they plan to purchase the iPad 3, 39% indicated before the end of 2012. Of mobile device users, 30% say they will purchase the iPad 3.
Small Business iPad Usage Surged Last Year (AppleInsider)
According to a national survey by The Business Journals, small business iPad use leapt up from 9% in 2010 to 34% last year. Meanwhile, a total of 75% of small business owners said they were “very or somewhat familiar with the device.” The survey sampled more than 1,400 business owners, CEOs and presidents of companies across the U.S. that had between five and 499 employees. The iPad’s success as part of a larger trend within the industry, “for small business owners, productivity and efficiency, which used to be the central benefits of technology, are now declining in importance compared to accessibility.”
China Mobile Has 15 Million iPhone Subs, Doesn’t Even Have Partnership To Sell The iPhone (The Next Web)
China Mobile has the most subscribers of any any telco in the world (655 million) and yet it still does not have a partnership to sell Apple’s iPhone in China. But that isn’t stopping it dominate the share of iPhone users in China’s one billion plus mobile market. According to Sina Tech, China Mobile announced that it has surpassed 15 million iPhone users in the country. Impressive though that is, it means that the telecom giant has seen 5 million new iPhone activations since October. That’s a rate of more than 35,000 per day.