Mac OS Ken: 05.07.2013

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 7 May 2013

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

Barclays Raises Apple Target from $465 to $525; First Target Price Elevation of 2013 Fortune: Apple Widens Lead on Exxon Mobil as Most Valuable Publicly Traded Company Apple Lands Atop Barron’s 500 Apple Takes Sixth Spot on Fortune 500; First Time in Top 10 Bids on Coffee with Cook Back Up to $605,000 EC Investigating Possible Abuse of Standards-Essential by Motorola Against Apple in Germany Taiwanese University Sues Apple Over Video Compression Technology in FaceTime and QuickTime Amazon Opens Appstore to China in Apparent Lead-Up to Kindle Hardware Sales Acer Shelves Plans for Windows RT Tablet Until Next Version of Software at the Earliest Support this weeks' sponsor: Get a free audiobook at http://audiblepodcast.com/macosken

Transcript

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0:00.0	Today's sponsor is Audible.com, a leading provider of spoken audio information and entertainment.
0:06.0	Listen to audio books whenever and wherever you want.
0:09.6	Start today with a free audio book at audible podcast.com slash Mac OS can. This is MacO-S-Kinn.
0:25.0	Wall streets falling in love again.
0:28.6	Wall Street's falling in love again.
0:30.4	Apple scales some pretty big lists lists and international legal news.
0:35.0	Because who doesn't love that?
0:37.0	It's Tuesday, May 7th, 2013, I'm Ken Ray and this is news from Maco Asken.
0:45.0	Brought to you by yours truly and supported by listeners like you,
0:49.0	subscribers to Maco Asken Day 6. More information is available at Maco West Ken Day 6.
0:52.6	More information is available at MacoS Ken.com.
0:57.1	This show is also supported by the Maco West can
0:59.8	podcast app for the iPhone, iPad, and iPod touch, available in the App Store now for $2.99.
1:09.7	I'm about to say something that'll make you think that I misspoke but really you're
1:14.0	about to hear what you're about to hear.
1:16.0	Barclays capital analyst Ben Reitzus has upped his price target on Apple.
1:21.0	When was the last time anybody up their price target on Apple?
1:25.5	According to Fortune it was sometime in 2012. Quoting his note, we believe the near-term
1:31.0	setup is still quite positive.
1:33.0	First, we feel better about gross margins.
1:36.0	We believe that our estimates for the June and September quarters are conservative given potential trends and warranty accruals,
1:42.0	mix, and Apple's pricing plans.
	...

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