If anyone has access to Channel Trend's latest report on Apple, I would love to see it (Update: Got it!)
Source: Channel Trend
On Saturday night, this headline flashed across one of the news feeds I use to follow the analysts who track Apple (AAPL):
"On August 20, 2011 Channel Trend Inc. downgraded APPLE INC.from NEUTRAL to UNFAVORABLE."
My first thought was "seriously?" My second was "tell me more."
I've seen some boneheaded advice MORE
Philip Elmer-DeWitt - Aug 21, 2011 7:48 AM ET
"The tablet effect is real," said HP's CEO, as he killed the TouchPad & orphaned his PCs
Steve Jobs at All Things D8
You don't have to look very hard to find the Apple (AAPL) angle in Hewlett-Packard's (HPQ) August surprise: The announcement Thursday that it is pulling the plug on its tablets and smartphones and preparing to abandon the personal computer market altogether.
This is Steve Jobs' post-PC era writ large.
"I'm MORE
Philip Elmer-DeWitt - Aug 19, 2011 6:06 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
* HP (HPQ) dropped a double-whammy yesterday when it announced that it's ceasing production of hardware based on the webOS operating system, including the recently-launched TouchPad tablet, and thinking about spinning off its PC business. (CNNMoney)
* At its first annual developers conference, cloud-based note-taking startup Evernote announced it had acquired Skitch, MORE
JP Mangalindan, Writer-Reporter - Aug 19, 2011 3:30 AM ET
With news that Hewlett-Packard plans to spin off its PC business, the struggling company can finally bid adieu to Compaq, Carly Fiorina, and other bad memories from its past.
By Duff McDonald, contributor
Sorry, Carly.
FORTUNE -- Hewlett-Packard, the world's biggest computer maker, announced that it's planning to spin off its personal computer business and will buy the UK-based software developer Autonomy for about $10 billion. The news allowed HP stock to fight MORE
Aug 18, 2011 3:03 PM ET
It didn't help that Best Buy asked it to take back its tablet which was a dud with consumers. But its core businesses aren't doing well either.
FORTUNE -- A report that Best Buy wants Hewlett-Packard to buy back all the TouchPad tablet computers that the retailer is storing, unsold, couldn't have been timed worse. HP is slated to announce its third-quarter results on Thursday, and while the TouchPad makes up only MORE
Aug 18, 2011 11:18 AM ET
The search giant's $12.5 billion acquisition bid is a bold move that could reshape the mobile business. It's also fraught with potential pitfalls.
By Alex Konrad, contributor
FORTUNE -- Sometimes, plan B is pretty good. When Google missed out on buying Nortel Networks' patent hoard earlier this summer, few could have predicted it would make a stunning $12.5 billion cash bid for Motorola Mobility.
The move is sure to change Google's (GOOG) business, MORE
Aug 18, 2011 10:33 AM ET
The market has had 3 days to chew over the Googorola news. It's not sitting well.
After thousands of news reports, analysts notes, blogs and tweets, the chart at right may tell you all you need to know about Google's (GOOG) plan to fight/emulate Apple (AAPL) by buying Motorola Mobility's (MMI) brand, patents and device manufacturing business for $12.5 billion.
In the three days of trading since the news broke, Google has dropped more than $30 a MORE
Philip Elmer-DeWitt - Aug 18, 2011 7:57 AM ET
Apple reportedly in highest-level talks with the world's largest mobile operator
Source: todaysiphone.com
At a news conference following release of its first-half earnings, China Mobile (CHL) revealed Thursday that it has met several times with Steve Jobs to talk about Apple (AAPL) making an iPhone that would support its proprietary 3G standard, Reuters reports.
Officially, Apple sells iPhones in the world's largest cell phone market only through China Unicom (CHU), the country's MORE
Philip Elmer-DeWitt - Aug 18, 2011 6:28 AM ET
Fortune's curated selection of the day's most newsworthy tech stories from all over the Web. Sign up to get the newsletter delivered to you every day.
* Is Groupon running out of money? Henry Blodget over at Business Insider does the math and concludes -- among other things -- that as of June 30, the leading daily deal site owed $392 million to merchants for sold Groupons, significantly more than the $225 million of MORE
JP Mangalindan, Writer-Reporter - Aug 18, 2011 3:30 AM ET
Its new parent company is having trouble paying the bills. And now a motley cast of characters from around the globe wants the brand's considerable intellectual property.
By Doron Levin, contributor
FORTUNE -- A few years ago, Saab eagerly launched a marketing campaign that referenced the company's distant past, portraying its cars as "born from jets." These days, the Swedish car maker is looking more like an albatross.
Swedish Automobile NV, the Netherlands-based MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.89% |
| Ford Motor Co | 12.28 | -0.46 | -3.61% |
| Frontier Communicati... | 4.20 | -0.27 | -6.04% |
| Juniper Networks Inc... | 21.65 | -0.72 | -3.22% |
| Cisco Systems Inc | 19.58 | -0.25 | -1.26% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,666.14 | -68.49 | -0.54% |
| Nasdaq | 2,813.49 | 8.21 | 0.29% |
| S&P 500 | 1,315.99 | -2.44 | -0.19% |
| Treasuries | 1.91 | -0.02 | -1.19% |