Tech News: Apple Inc. (AAPL)’s Sales Efforts, Google Inc (GOOG) & Microsoft Corporation (MSFT)’s Lawsuit

Page 1 of 2

Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Microsoft Corporation (NASDAQ:MSFT), AT&T Inc. (NYSE:T), AOL, Inc. (NYSE:AOL)

How Low Will the iPhone’s Price Go? (WSJ)
Come September, there will likely be two new iPhone models battling for attention: the latest version of the high-end smartphone, plus Apple Inc. (NASDAQ:AAPL)‘s +1.07% new offering for the low-cost phone market. But cheap is relative: the price of that new low-cost iPhone could fall well within the middle range, analysts say. With competition nipping at its heels, Apple has been forced to break with tradition, asking assembler Hon Hai Precision Industry Co.2317.TW +0.88% to ship both a low-end and high-end iPhone. Catering to a wider market has worked well for Apple Inc. (NASDAQ:AAPL)’s staunch rival Samsung Electronics Co.005930.SE -1.32%, which has moved to tap fast-growing emerging markets such as China and India. Samsung has introduced a bunch of low-end smartphones with price tags below US$100, helping to offset slowing sales in developed markets. Other major Chinese smartphone brands including Xiaomi and Coolpad have also succeeded in gaining market share in China with sub-US$100 phones.

Microsoft Corporation (NASDAQ:MSFT)

Apple Choses Coexistence To Survive in a Windows World (Forbes)
From the very beginning, Apple AAPL +1.1% and Microsoft Corporation (NASDAQ:MSFT) -1.28% focused their sales efforts on very different markets, establishing paths that have kept them apart every since. Apple looked to the consumer and creative markets for its customers, while Microsoft was all about business. And while Apple’s retail stores have taken various stabs at serving business customers, their efforts has generally been unfocused. Now, Apple may have decided to simply coexist instead of seeking domination, with the help of Parallels virtualization software.

With balloons and fiber, Google experiments in Web access (StabroekNews)
From sending solar-powered balloons into the stratosphere to offering free Wi-Fi in parks, Google Inc (NASDAQ:GOOG) is quietly spending hundreds of millions of dollars on nascent Internet services that may one day challenge the telecom and cable companies. In recent months, Google Inc (NASDAQ:GOOG) has announced plans to bring free wireless Internet access to 7,000 Starbucks cafes across America, eventually displacing AT&T Inc. (NYSE:T); it has asked U.S. regulators for broader access to wireless airwaves; and it has launched 30 solar-powered balloons over the South Pacific ocean, designed to beam the Internet to remote regions.

Apple shares dumped by institutional investors over second quarter (MarketWatch)
Institutional ownership of Apple Inc. (NASDAQ:AAPL) -0.30% shares declined by about 4% in the second quarter, the third such quarterly decline in a row, according to Michael Amenta, research analyst at FactSet. But with a recent rebound in the tech giant’s share price, that trend may not hold. In the second quarter, Apple ownership declined by 3.5% among institutional shareholders, with Fidelity Management & Research — Apple’s largest holder as recently as the third quarter of 2012 — the largest seller during the period. Over one year, Fidelity’s stake in Apple has declined to 3.2% from 4.8%, according to FactSet.

Microsoft, AOL patent conspiracy dismissed (BusinessTech)
A federal judge on Monday dismissed a lawsuit accusing AOL, Inc. (NYSE:AOL) and some of its executives of fraud for repurchasing 14.8 million shares in 2011 without disclosing that the company would sell a $1 billion portfolio of patents to Microsoft Corporation (NASDAQ:MSFT) months later. Plaintiffs in the case said they suffered significant losses when they sold their shares ahead of the patent deal, after which AOL’s stock surged 43 percent in a single day. Knowing the deal with Microsoft was imminent allowed AOL, Inc. (NYSE:AOL), its CEO Tim Armstrong and former CFO Arthur Minson to effectively buy their company’s stock at a discount price, plaintiffs said.

9 Stocks that beat Google’s performance (CNBC)

Page 1 of 2
Comments
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months. Our beta is only 1.2 (don't click this link if beating the market isn't important to you).

Lists

Richest Doctors in the World

The Best Movie Sountracks Ever

The Highest Grossing Musicals on Broadway

The Most Successful Reality TV Stars

Cheapest Cities to Visit in the US

Most Expensive Summer Camps

Most Expensive Animals in the World

Most Expensive Specialty Crops in the World

Movies That Took Ages to Make

The Longest Hollywood Films Ever Made

Most Expensive Concert Stages

The Richest Bands of all Time

10 Most Corrupt Countries 2013 List

10 Countries with the Highest Quality of Life Index

Most Expensive Mattresses in the World

5 Smallest Countries by Land Area

The Ultimate Heartbreak Songs

Richest Teenagers in the World

10 Most Haunted Places in America

10 Best Places to Retire in Florida East Coast

Top 10 Places to See Before You Die

Top 8 Countries in the World Where Justice Prevails

10 Richest States in America

15 Wealthiest Countries in the World

Richest Singers in the World

Most Expensive Tasting Menu in New York City

Most Expensive Baby Items in the World

Most Expensive Hotel Suites in Vegas

Most Expensive Brunch in New York City

Most Expensive Beef Cuts in the World

25 Best Colleges to Get a Job

Top 10 US Supermarkets

The 25 Most Dangerous Cities in the World to Visit

Most Expensive Xbox Games

Top 11 Cities Where Billionaires Live

Top 10 Most Charitable Companies in America

Most Expensive Seafood in the World

The 10 Wildest Conspiracy Theories

The 10 Best Job Markets in the US

Top 10 Accounting Scandals of All Time

The 25 Biggest Cities in the World

Top 10 Best Paying Virtual Jobs

Most Expensive Leather Shoes in the World

Top 6 Things to Buy in March

The 10 Most Stressful Jobs in America – 2014 List

Top 10 Jobs for Introverted People

Top 10 Honeymoon Destinations in the World

Top 10 Highest Paying Jobs in the World

Most Expensive Day-Care in New York City

The 10 Cheapest Places to Retire Abroad

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!