Tag Archive for Aapl

Apple iWatch, Google Glass First Shots in New Clash of Tech Giants – Money Morning

Coming less than a year after Google unveiled its Google Glass Web-connected eyeglasses, reports that an Apple “iWatch” is in the works emphatically confirm that the battle is now joined for dominance over the next wave of tech – wearable computing.

According to the reports, Apple Inc. (Nasdaq: AAPL) has 100 people working on an iWatch users would wear on their wrists, but that would have many of the same capabilities as an iPhone.

But wearable computers could enable new uses, particularly in the area of healthcare, while perhaps providing the spark to encourage some promising technologies that have yet to catch on, like contactless payments.

Four of the biggest names in tech – Apple, Google Inc. (Nasdaq: GOOG), Sony Corp. (NYSE ADR: SNE) and Microsoft Corp. (Nasdaq: MSFT) – either are selling, have announced, or are known to be working on wearable computing ideas.

And two other big names, Amazon.com (Nasdaq: AMZN) and Facebook Inc. (Nasdaq: FB), are watching for opportunities to benefit from yet another major shift in how people interact with technology.

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Can “Perceptual Computing” Help Intel Get its Groove Back? – Money Morning

When you peruse the tech-dominated headlines these days, a lot of the talk is about how smartphones and tablets are taking over for notebooks and laptops – which had taken over for desktop PCs.

But with the confusing mix of keyboards, track pads, touch-screens, and even voice and gesture commands that are in use today, there are at least as many different ways to interact with all those computing devices as there are different devices themselves.

But Intel Corp. (Nasdaq: INTC) is pioneering a new type of technology the chip-giant says will bring order to this interface confusion.

And it refers to this invention as “perceptual computing.”

No doubt, this is Intel’s latest attempt to regain its relevance in a world that is going mobile at an accelerating rate – a transition that has transformed the once-dominant firm into a veritable also-ran. And most of these earlier attempts amounted to almost nothing at all.

But I believe perceptual computing is different – and, in fact, could have two important results.

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Stock Market Today: Will the Dow Keep Going Above 14,000? – Money Morning

The stock market today (Friday) hit a high not seen in more than five years when the Dow Jones Industrial Average crossed 14,000 for the first time since October 2007.

Less than an hour into trading the Dow spiked 140 points, or 1%, to hit 14,000.97. In mid-afternoon trading, the Dow rallied further, tacking on 150 points. The move leaves the Dow around 200 points, or 2%, from its all-time high of 14,198.10.

Friday’s strong showing came on the heels of the Dow’s strongest January (up 5.8%) since 1994.

The Standard & Poor’s 500 Index, which logged its best January since 1997, added 15 points, or just shy of 1%. The Nasdaq advanced 40.

The robust rally followed a lackluster report on the job market which gave “strength to the argument that the Fed will continue its bond buying program and keep rates low, which is also a positive for the stock market,” Tom Schrader, managing director at Stifel Nicolaus told CNN Money.

That sentiment also gave bonds and precious metals a boost. Gold prices moved up $7 to $1,670. Silver added 37 cents to $31.94

A bevy of reports helped buoy markets Friday.

A Census Bureau report showed construction rose 0.9% in December, well above forecasts. The Institute for Supply Management’s monthly manufacturing index rose to 53.1 in January, ahead of the expected 50.5 read, and the University of Michigan’s sentiment index climbed to 73.8 last month, better than the expected 71.4.

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Why Apple Inc. (Nasdaq: AAPL) is Too Rich For the Dow Jones

Assuming the Dow Jones Industrial Average represents the biggest, most influential companies in America, Apple Inc. (Nasdaq: AAPL) easily qualifies.

With its massive market cap, trend-setting products, and global brand recognition, it is easy to argue Apple belongs as much or more than any of the current tech companies in the index.

In fact, Apple has superseded all of them, particularly Hewlett-Packard Co. (NYSE: HPQ) and Microsoft Corp. (Nasdaq: MSFT).

Yet the Dow Jones has ignored Apple while letting far weaker companies like, Bank of America Corp. (NYSE: BAC)and Alcoa Inc. (NYSE: AA) remain.

So what gives?…

In a nutshell, Apple stock is too rich for the Dow Jones Industrial Average.

Because the Dow Jones is price-weighted, Apple’s current $565 share price would simply overwhelm the index.

If included, Apple stock would account for about 25% of the Dow Jones. That’s more than double the 11.5% of current leader International Business Machines Corp. (NYSE: IBM).

“It wouldn’t be the Dow Jones Industrial Average,” Nicholas Colas, chief market strategist at ConvergEx Group told the Associated Press. “It would be the Apple Plus Some Other Stuff Index.”

In this case, a price move of just 5% in Apple stock could push the DJIA up – or down – about 200 points.

Looking at it another way, had Apple been added to the Dow Jones in 2009 instead of Cisco Systems Inc. (Nasdaq: CSCO), the Dow would now be over 15,000.

That’s well above the Oct. 2007 record of 14,164 and 2,500 points higher than where it stands today.

With that kind of heft, it’s no wonder the Dow has shunned Apple.

How the Dow Jones Industrial Average Works

But it’s not just Apple. Other Dow candidates trade high in the triple digits as well.

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RIM Writedown Risked With $1 Billion Inventory: Corporate Canada – Bloomberg

Research In Motion Ltd. (RIMM)’s stockpiles of BlackBerry smartphones and PlayBook tablets have swollen by two-thirds in the past year because of slumping sales, raising the chances of the company’s third writedown since December. Follow the money. Find the profits!Liquidity is money. Regardless of where in the world that money originates, eventually it flows to…

Apple (Nasdaq: AAPL) Patent War with Samsung A Fight No One Wins

Like two mighty monsters in a 1950s sci-fi B-movie, Apple Inc. (Nasdaq: AAPL) and Samsung Electronics Co. (PINK: SSNLF) have locked horns for over a year in an epic patent war neither can win.

Over the past year, the two tech titans have filed dozens of patent infringement lawsuits against each other in 10 countries. Most seek to block the sale of one or more of the other’s smartphone and tablet products.

The biggest case, filed in San Jose, CA, is scheduled for a July trial, which U.S. District Judge Lucy Koh is desperate to avoid. (She called the case “cruel and unusual punishment” for the jury.)

Earlier this week Koh ordered the CEOs of both Apple and Samsung to meet in mediation sessions, but nothing came of the meetings.

The mutual stubbornness makes sense when you realize what’s at stake.

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