Mac OS Ken: 06.29.2012

Mac OS Ken

Ken Ray

Technology

4.7 • 996 Ratings

🗓️ 29 June 2012

⏱️ 18 minutes

🔗️ Recording | iTunes | RSS

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Summary

JP Morgan Analysts Lowers Expectations for All Hardware Companies Including Apple (Though His Apple Target is Still Sky High) Apple Has Posted $2.6 Million Bond Putting Into Effect the Preliminary Injunction Against Samsung Galaxy Tab 10.1 Google Launches Chrome Browser for iOS Google Launches Google Drive for iOS Google Nexus Q: Designed and Made in the USA China Labor Watch: Workers’ Rights Problems Persist in Apple’s Supply Chain Topeka Capital Analyst: Rumored Battery Problems for Next iPhone Are No Cause for Alarm Bob Mansfield - Apple Senior VP of Hardware Engineering - Retiring Apple VP and Corporate Controller Betsy Rafael Retiring in October Virgin Mobile Opens 10 Stores in Chicago Today, Coordinated with Its Pre-Paid iPhone Launch Apple Opening Three New Stores This Weekend ModBook II: ModBook Pro Set for Sale This Fall Bill Gates Says Cheap Laptops Better for Education Than Tablets Strategy Analytics: iPhone Generates $150 Billion in First Five-Years, Says Next Five Will Be Tougher Business Insider Lays Out Some Staggering Stats for the iPhone’s Fifth Birthday

Transcript

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0:00.0	This is Mac OSKIN.
0:05.0	One analyst lowers all hardware plays.
0:10.1	Google goes deeper on iOS, and the Jesus phone turns five. It's Friday, June
0:15.8	29th 2012. I'm Ken Ray and this is news from Mac OS Kenrought to you by yours truly and supported by listeners like you,
0:26.0	subscribers to MacoS Ken Day 6.
0:30.0	More information is available at Mac OS can.com.
0:34.0	This show was also supported by the Mac OS can Podcast
0:37.6	app for the iPhone, iPad, and iPod touch,
0:41.0	available in the App Store now for $2.99.
0:45.0	J.P. Morgan analyst Mark Moskowitz covers 18 hardware companies, according to Barron's,
0:51.0	and yesterday he lowered expectations for all of them, even Apple.
0:56.7	Seeing tougher times ahead for hardware, Moskowitz lowered his price target on Apple shares
1:02.2	the first time he's done that since 2009. What's got
1:05.4	him worried? According to the piece, slowing spending on IT, economic uncertainty
1:10.0	in China and a stronger US dollar are keeping him up at night.
1:14.0	Lest you freak out on the Apple target thing, he is still considerably higher than Apple's current trading price.
1:20.0	He's dropped his target 20 bucks from $715 to $694.
1:25.8	Apple's currently trading around $550.
1:30.1	Things happen more quickly in the Samsung Galaxy Tab 10.1 injunction this week than just about anybody saw.
1:36.4	I told you Thursday that Apple hadn't said whether it would pony up the $2.6 million bond
1:41.6	to make Judge Lucy Coe's preliminary injunction against Samsung's tablet
1:45.6	official, though it's possible they didn't say because they were too busy doing.
	...

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