Apple (AAPL) appears to be revving up a new push into robotic production technology for iPhones, says Canaccord Genuity, with potential upside for Japan-based Fanuc as well as Cognex (CGNX). A planned hike in Apple’s capital spending for manufacturing technology bodes well for machine vision and automation suppliers, says Bobby Burleson, a Canaccord Genuity analyst, in a research report Thursday. Cognex and Fanuc are leaders in that field. Apple
Akamai Technologies (AKAM) stock flirted with a 13-month closing low on Wednesday amid reports that key customer Apple (AAPL) has shelved its plans for a Web TV service because of stalled talks with media companies. Akamai has been making big Internet investments in anticipation of growth in online video traffic from Apple as well as other customers. Cambridge, Mass.-based Akamai is the biggest provider of CDN (content delivery network) services
Universal Display (OLED), a developer of organic light-emitting diode screens for TVs and smartphones, has seen its stock rise on enthusiasm for OLED TVs and the possibility that Apple (AAPL) could use the technology in future iPhones. But the market has gotten ahead of itself, Canaccord Genuity analyst Jed Dorsheimer said in a research report Wednesday. “We believe near-term distractions and story-stock momentum have priced in market success well