Today, the rumors have been surrounding a thinner iPhone that has a better battery life and GPS support. These rumors aren’t exactly new, and they are being bundled as one “unconfirmed” rumor.
Before talking about this latest rumor, it would be important to cite Kevin Rose’s new claim that the iPhone may have a cheaper counterpart that starts at around $200. This cheaper iPhone would be sold alongside the rest, and the only clear difference would be price. While Kevin Rose is a respected member of the tech world, it would be important to note that he is famous for saying that the iPhone will have a slide out keyboard. Which was clearly well off base.
In the latest rumor report, highlights include a 22 percent thinner iPhone with a base 16 GB model and larger, 32 GB model. The assumption is that they will all have 3G support with GPS capabilities. Also, it’s been suggested that the iPhone will have the same prices (as today) with both of these sizes. The report also corroborated with Rose’s suggestion of a $200 iPhone, by saying that it could benefit from a subsidies deal and bring the prices down.
Below is the short video of Kevin Rose, owner of Digg.com, spelling out his latest knowledge about the upcoming iPhone:
Rumors have been circulating for quite some time now over the possible addition of colors to the line-up of Apple’s iPhones. It wasn’t until quite recently that there appeared to be some credibility to these rumors.
Among the colors that have been most discussed are: black (entire case, i.e. no chrome) and white (entire case with no chrome). While other colors have been rumored, it seems most likely that Apple will follow in its general suit of black and white, and leaves the door open for the possibility of more.
Pictures, which were leaked through iPhoneClub.nl, have been shown on the internet that display the new iPhone casing. The pictures supposedly originated from an unknown source inside a European accessory maker. They aren’t necessarily real, but the blogosphere has been going wild over these pictures.
Yesterday, Apple released a new update for the Leopard operating system. The upgrade, which has been a work in progress for a few months, now brings OS X to 10.5.3 from 10.5.2.
The latest update is intended for all Macs running Leopard 10.5.2 and comes in a 420 MB file for download from Software Update. Along with this, Apple posts the following information about the update:
The 10.5.3 Update is recommended for all users running Mac OS X Leopard and includes general operating system fixes that enhance the stability, compatibility and security of your Mac.
The infamous Goldman Sachs Conviction Buy List is reserved for only the most select companies. The tendency is for the list to be immediate buys to take advantage of catalysts that may be in store for a company in the near future. Apple was just added to the list today, and the reasons are quite clear.
Apple was added to the list in direct preparation for the new release of Apple’s 3G iPhone, which is expected on June 9th, 2008 (Worldwide Developers Conference). The new phone has been expected to grab the attention of the business world by surprise and finally close the business gap between Blackberry products. The Blackberry products have long garnished the support of the business world as the best phone for the on-the-go corporate user. This support may all hang in the balance of the 3G advantage, which will all soon change.
Along with Goldman’s addition of AAPL to the conviction list, the analyst update includes a new price target to $220 per share. This number is about a $40 per share difference from Apple’s closing price of $181.17 per share today. The price target from Goldman Sachs was previously $185 per share for Apple stock, but this new target may have given investors restored confidence in the stock.
As was mentioned before Apple is being added to the conviction buy list to:
…capture the catalyst around the 3G iPhone launch next month and the upside potential from sharply higher projected iPhone sales in back half of the year. (Source)
Today, Apple released an all-new iTunes video featuring Coldplay. The song was Vida la Vida, which is a song off their new album and is individually available for purchase before the album’s release.
On the next start of Microsoft’s AutoUpdate, Office 2008 for Mac has a Critical update waiting to be downloaded. The 180 MB upgrade, which takes users to version 12.1.0, is supposed to have/make:
…several improvements to enhance security, stability, and performance, including fixes for vulnerabilities that an attacker can use to overwrite the contents of your computer’s memory with malicious code.
In the month of April, Mac sales surged another 50 percent year over year. This was a huge leap compared to the broader market growth of about 17 percent year over year. Lehman Bros. forwarded analysis that points to Apple Inc.’s revenue growth at 46 percent. Alongside these staggering numbers was an impressive 15 percent leap in sales of iPod music players.
Shares of Apple (AAPL) closed up more than $2 to 185.90 during market hours. Third quarter earnings are due out July 22nd, 2008. Average estimates point to a $1.08 quarter in earnings.
MacRumors.com is forwarding a variety of news that speculates a MacBook revision to appear in the 3rd Quarter of this year. The news is originating from the Commercial Times, who is citing a research large purchase of flat-panel displays from AU Optronics and Chi Mei Optoelectronics.
MarketMatador.com contains its own opinions, and none of the information contained herein constitutes a recommendation by MarketMatador.com that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You further understand that MarketMatador.com will not advise you personally concerning the nature, potential, value or suitability of any particular security, portfolio of securities, transaction, investment strategy or other matter. To the extent any of the information contained at MarketMatador.com may be deemed to be investment advice, such information is impersonal and not tailored to the investment needs of any specific person. Disclosure: Long Apple Inc. (AAPL)
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Along with Goldman’s addition of AAPL to the conviction list, the analyst update includes a new price target to $220 per share. This number is about a $40 per share difference from Apple’s closing price of $181.17 per share today. The price target from Goldman Sachs was previously $185 per share for Apple stock, but this new target may have given investors restored confidence in the stock.
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