Although Note 7 met an untimely demise when its batteries started exploding shortly after its launch in August of last year, the new Note 8 appears to be OK so Samsung's now posted a cool video note thanking customers for their patience and loyalty through hardship.
If Wall Street analysts went in for such things, J.P. Morgan's Mark Moskowitz would have a sign saying "It's the supply, stupid." Moskowitz Thursday morning issued a note to investors, reducing his iPad sales forecast for the fourth quarter of 2012. No, it's not due to flagging demand - the misconception dogging the Apple shares - but a shortage of tablets leading up to December.
According to Moskowitz, Apple next week may announce it sold 18.4 million iPads to close out last year, down from his previously projected 20.1 units. Coming into 2013, the popular device may become the chief revenue producer for Apple, the analyst adds...
Quit your worrying. In short, that's what one analyst Wednesday is telling nervous observers concerned over a report that Apple reduced orders for the iPhone 5 during the March quarter.
Instead, the reduction in orders could signal a more efficient supply stream and greater profit for investors.
As we reported earlier this week, Citi's Glen Yeung kicked off the hand-wringing by downgrading Apple stock to 'Neutral' from 'Buy', citing increased competition and the lower iPhone 5 orders. Other Wall Street analysts piled on, cutting their price targets for shares of the iPhone maker. Now J P Morgan analyst Mark Moskowitz is the latest to say the reduced orders may not mean lower demand for the new Apple handset...