Tag Archives: aapl

Apple iPhone prospects rise on upgrade plans, China momentum

Apple’s (AAPL) iPhone sales prospects are looking up thanks to the rise of smartphone upgrade plans and continued momentum in China, according to separate research reports from two Wall Street analysts. The frequency at which iPhone owners upgrade to new handsets could shrink to 15 months on average from the current 22 months as annual upgrade programs become the standard, Piper Jaffray analyst Gene Munster said in a report Monday. A Piper Jaffray

Facebook Buy Button Push Could Create Online Mall

Facebook (FB) could turn into an online mall, says a Morgan Stanley research report on buy-button product initiatives by social network platforms. While Apple (AAPL) Pay and other mobile wallets struggle to gain traction with consumers, buy buttons could expand e-commerce on mobile phones, says Morgan Stanley. “Consumers are increasingly spending time and conducting commercial transactions on their mobile phones, but the checkout experience can

Apple Supplier Skyworks, PMC-Sierra Call Off Merger

Skyworks Solutions (SWKS) and PMC-Sierra (PMCS) terminated their $2 billion merger deal late Monday, after the Apple (AAPL) iPhone chip supplier said it would not raise its bid once again, clearing the field for Microsemi (MSCC) to be the acquirer. PMC-Sierra on Friday recommended Microsemi’s latest bid. With Skyworks unwilling to nudge up its offer, PMC-Sierra terminated the deal and will pay Skyworks an $88.5 million breakup fee. Skyworks