Tag Archives: aapl

Skyworks Price Target Up on Apple Smartphone Demand

Skyworks Solutions received a price target increase on Thursday based on better-than-expected handset demand from Apple (AAPL) and Samsung. Pacific Crest Securities, which has an outperform rating on Skyworks (SWKS) stock, raised its price target to 90 from 75. “Based on recent carrier surveys and supply-chain conversations, we believe Apple is on track to ship 70 million iPhones in the fourth quarter,” Pacific Crest Securities analyst John Vinh

BlackBerry Classic nixes touchscreen tapping for keypad mashing

BlackBerry (BBRY) is going retro for its latest smartphone, a handset with a qwerty keypad that mirrors the look of its once-dominant devices from the pre-iPhone days. With the BlackBerry Classic, out Wednesday, the Waterloo, Ontario-based company is hoping to woo back customers who prefer typing emails and texts on a physical keypad rather than a glass display as popularized by Apple’s (AAPL) iPhone. At a media event Wednesday, BlackBerry (BBRY) executives said the new handset marries a familiar design with the security and speed of the modern BlackBerry 10 operating system. “We listened closely to our customers’ feedback to ensure we are delivering the technologies to power them through their day — and that feedback led directly to the development of BlackBerry Classic,” BlackBerry CEO John Chen said in a statement. “BlackBerry Classic is the powerful communications tool that many BlackBerry Bold and Curve users have been waiting for. It’s the…

Apple Wins Antitrust Trial Over iPod Business

Apple (AAPL) won an antitrust trial on Tuesday when a U.S. jury decided that the company did not act improperly when it restricted music purchases for iPod owners to Apple’s iTunes digital store. The plaintiffs, a group of individuals who had bought iPods from 2006 to 2009, had sought damages of about $350 million from Apple, Reuters reported. The plaintiffs alleged that Apple unfairly blocked competing device makers and services, such as