Rumors and trademark filings from Taiwan to Turkey are fueling the Apple rally. It's no secret that the next big thing from Apple (NASDAQ:AAPL) is going to be an iWatch.
Is the iWatch going to be a game changer for Apple? Apple is one of the few technology companies in the world that has both the design and execution skills to bring a first-class smart watch to the market.
With Sir Jonathan (Jony) Ive heading up Apple's design team, the odds for a successful product being born out of Apple are good. Jony Ive is the same brilliant industrial designer who created many of Apple's biggest successes. Tim Cook, Apple's CEO, is coordinating and orchestrating supply chain logistics and marketing, and we're likely to see a first-class product coming out of Apple sooner, rather than later.
One thing Apple does perhaps better than any other company is to brand and develop a cult-like following. This was particularly evident when Steve Jobs, Apple's founder, was still with us. Many iPhone and iPad users will be quick to adopt whatever Apple is offering and with its huge installed base of users and cultists, it is going to be hard to see how this product could fail.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 1st of July.
Apple Files For a iWatch Trademark in Japan!
Shares of Apple jumped almost 4% on news that it had filed for a trademark in Japan. This is the best upside performance for Apple in over a week. Apple inturn is helping the NASDAQ gain for the day as well as helping the other indices.
Apple (NASDAQ:AAPL) says it received between 4,000 and 5,000 requests from U.S. law enforcement for customer data for the six months ended in May.
The company, like some other businesses, had asked the U.S government to be able to share how many requests it received related to national security and how it handled them. Those requests were made as part of Prism, the recently revealed highly classified National Security Agency program that seizes records from Internet companies.
Prism appears to do what its name suggests. Like a triangular piece of glass, Prism takes large beams of data and helps the government find discrete, manageable strands of information.
Prism was revealed this month by The Washington Post and Guardian newspapers, and has touched off the latest round in a decade-long debate over what limits to impose on government eavesdropping, which the Obama administration says is essential to keep the nation safe. Continue reading "Apple details government requests for data"→
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Monday, the 10th of June.
Apple's Big Day
Today, Apple (NASDAQ:AAPL) kicks off its developers conference in San Francisco. This is the day that the Apple-faithful have been patiently waiting for. It is widely speculated that Apple will announce IOS 7, a new operating system, and perhaps some other upgrades. No new disruptive technologies are expected to be announced at this conference, but with Apple you never know. One of the presenters today is Sir Jonathan Paul "Jony" Ive, who is the genius designer for many of Apple's most recent products. In my opinion, Jony was the main creative force behind Steve Jobs. The new operating system is rumored to be cleaner, simpler and “flatter”, moving away from the skeuomorphic design. Apple is also expected to announce a new music service that's going to go head-to-head with the likes of Pandora, Spotify, and other online streaming music platforms. Let's put everything in perspective, Apple has 500 million users, Pandora has less than 70 million. Mathematically, this gives Apple a huge advantage in terms of creating a really successful, new income-producing music service. Initially iRadio, as the name is rumored to be, will be supported by ads, and eventually it will end up becoming a recurring revenue product. I will be covering Apple in today's daily update. Continue reading "Today's Video Update: Apple's Big Day And Waze To Go Google"→
Apple (NASDAQ:AAPL) is expected to reveal a digital radio service and changes to the software behind iPhones and iPads on Monday as the company opens its annual conference for software developers. Apple hasn't said what it will unveil at the Worldwide Developers Conference in San Francisco. But the major announcements are expected during Monday's keynote presentation. Last year, Apple used the conference to announce its own mapping service, better integration with social networks and improvements to virtual assistant Siri. It also announced thinner MacBooks with high-resolution screens. The conference runs through Friday.
This year, Apple is expected to show off a simplified look on iPhones and iPads. If the speculation is correct, it would be the most radical design change since the iPhone made its debut in 2007, showing consumers that phones could do much more than make calls and exchange messages.
This week's event comes at an important time for Apple. The company's stock price has fallen amid concerns that another breakthrough product isn't imminent. Although CEO Tim Cook has said people shouldn't expect new products until the fall, Apple is likely to preview how future products will function in its unveiling of new services and features. Continue reading "Music service, mobile software expected from Apple"→