Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Google Inc (NASDAQ:GOOG), Sony Corporation (ADR) (NYSE:SNE)
Supplier to Ship Two Apple iPhones in September (WSJ)
Apple Inc. (NASDAQ:AAPL) +1.07% has asked assembler Hon Hai Precision Industry Co. 2317.TW +0.88% to begin shipping both a new high-end and low-end iPhone in early September, people familiar with the matter said. The shipping plans suggest that two new iPhone models could be launched as soon as next month, pointing to a strategy shift as Apple attempts to regain its momentum in the smartphone market. The company hasn’t previously announced different iPhone models around the same time.
Apple Inc’s iOS-iPhone Photography Apps for iPhone 5 Outdo Digital Cameras? (IBTimes)
The digital camera has taken a back seat since the smartphone has made an additional forray into the camera and video market. You don’t need another camera if you already have a smartphone to fulfil this function. The Samsung galaxy S4 (13-megapixel) and Apple Inc. (NASDAQ:AAPL)’s iPhone 5 (8 megapixel) have high-end mega pixel cameras, providing exceptional clarity and depth. The neat thing about the smartphone is that you no longer need to be a professional photographer to get good pictures. Almost anyone above the age of 18 can create a Flickr, Google Inc (NASDAQ:GOOG)+ or Picasa account and start creating your own photo library.
Former Apple CIO Launches Los Angeles Investment Management Firm (DigitalJournal)
Adherence Capital Management is an emerging Los Angeles boutique investment management firm built on the co-founders’ record of using disciplined investment strategies to preserve capital and build wealth. Steve, most recently the chief investment officer (CIO) of Apple’s Inc.’s wholly owned investment subsidiary, Braeburn Capital, Inc., has partnered with Mark Lewis, former managing director and principal at Wilshire Associates. Together, they combine over 40 years’ experience, both buy-side and sell-side, leading businesses, institutions, governments and high net worth investors to prudently grow portfolios.
Apple Has the Most Loyal Customers for Now (WSJ)
As Apple Inc. (NASDAQ:AAPL) and rival Samsung Electronics Co. prepare to launch a new generation of handsets next month, it may be difficult for Apple to maintain the loyalty that it commands among tech-savvy users at the high-end of the market, according to one analyst. As the Wall Street Journal reported on Monday, Apple has told its suppliers to get ready to ship both a new high-end and lower-market version of the iPhone. And rivals Samsung and Sony Corporation (ADR) (NYSE:SNE) are racing to get new devices to market ahead of Apple. As those new devices hit the market, the strength of consumer attachment to Apple will be tested once again.
Apple Regains Number One Spot (Jilard)
Apple Inc. (NASDAQ:AAPL), the huge American manufacturer of smartphones and many other consumer electronic products, may not have a new iPhone or smart watch ready for the marketplace, but it does have something else it probably covets. It is now once again number one with investors just a month after the value of its common stock fell below four hundred dollars and seemed headed to numbers that would drop it below three hundred dollars per share.