San Francisco Intel's stock rose more than 1% in after-hours trading Monday amid reports that Apple is in talks to buy its smartphone-modem chip business.
The Wall Street Journal first reported news of the potential deal, citing people familiar with the matter. Shares in Apple rose slightly following the report.The deal would give Apple more of a role in developing key parts of its smartphones at a time when sales are faltering as phones last longer and people have stopped replacing them as frequently. The smartphone-modem chips allow phones to connect to wireless data networks.
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Morgan Stanley's bullish call on Apple ahead of earnings defies conventional wisdom, Jim Cramer saysMorgan Stanley made a bold call on Apple. But CNBC's Jim Cramer says it would be a mistake to buy shares ahead of its earnings next week. 100% agree. iPhone sales should be way down. What’s the motive to give price targets dats before earnings? Why not wait for the results then give some analysis? Just leading sheep to slaughter. They aren’t giving out these targets out of the goodness of their hearts to help the mom and pop investor.
La source: CNBC - 🏆 12. / 72 Lire la suite »
Apple close to buying Intel's modem business: reportApple Inc. could be within a week of agreeing to a deal to buy Intel Corp.'s modem-chip business, according to a Monday afternoon report. The Wall Street... Cough* You mean china i mean $AAPL yea they needed fresh blood for next layer down... :X
La source: MarketWatch - 🏆 3. / 97 Lire la suite »
Apple in Advanced Talks to Buy Intel’s Smartphone-Modem Chip BusinessApple is in advanced talks to buy Intel’s smartphone-modem chip business, a move that would jump-start the iPhone maker’s push to take control of developing the critical components powering its devices. A waste of money....D U M B..... Great... the biggest monopoly becomes MORE of a monopoly. Can we break up these bell companies? Steve Jobs is gone and all apple is repackaging the iPhone 4s greatness. Let other talented new companies with new minds innovate in this horrible market. Great article...
La source: WSJ - 🏆 98. / 63 Lire la suite »
Apple is reportedly in talks to buy Intel’s smartphone-modem chip business for $1 billionIntel said it was getting out of the business earlier this year, saying 'there is no clear path to profitability and positive returns.' Wow. 😮
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »
Morgan Stanley on Apple: 'Attractive setup into earnings'Morgan Stanley maintained its overweight rating on Apple's stock and hiked its price target to $247 from $231, heading into the tech giant's third-quarter earnings on July 30. lmao permabulls LiveSquawk Nah, you know something is terribad when you see headlines like this.
La source: CNBC - 🏆 12. / 72 Lire la suite »