Apple Inc. is teaming up with Cisco Systems Inc. to make its mobile devices work better with corporate networks using Cisco’s equipment, part of a push by Apple to expand sales to business customers.
The partnership, announced on Monday by Cisco Executive Chairman John Chambers and Apple Chief Executive Officer Tim Cook at Cisco’s annual sales meeting in Las Vegas, will make it easier to use iPhones and iPads together with Cisco’s products, including videoconferencing systems and the WebEx online meeting service.
Last year, Apple and International Business Machines Corp. set aside a three-decade-old rivalry to create business software for iPhone and iPad users, seeking to cater to an increasingly mobile workforce. While Apple is pursuing a bigger slice of the market for corporate users of smartphones and tablets, IBM and Cisco are looking for opportunities in the mobile-computing boom.
"This is a major strategic partnership, something that neither
company has done before," said Rowan Trollope, senior vice president and general manager of Cisco’s Collaboration Technology Group. "We have a shared vision of a completely seamless experience."
Engineers from both companies have been working together for 10 months, and Cisco and Apple salespeople will go on joint sales calls, he said.
You can add Brean Capital to that camp. Analyst Ananda Baruah reiterated a Buy rating and $170 price target on the stock Monday, writing that he sees earnings upside for both the September and December quarters, and that the shares should trade back above $130 in the second half of the year.
Baruah sees the iPhone and gross margin upside helping Apple beat estimates both quarters: “Our current view is that AAPL could deliver Sep Q / Dec Q EPS of $2.00 & $3.29 (vs. Street of $1.87 & $3.19) on iPhone units of 47M and 72M and GM of 39.8% and 40.4% (Street at 39.3% and 39.8%).” He admits that many investors will be waiting to see what calendar year 2016 iPhone shipments look like, a data point that probably won’t be available until the spring, when Apple reports its March quarter. Nonetheless, he thinks that the Street’s estimates are too low through 2017.
For the fifth time in a row, Micromax will sell its ultra-cheap Canvas Xpress 2 to registered customers on Flipkart. The Canvas Xpress 2 underscored the great importance of budget smartphones in India and continues to make an appeal to the budget-conscious lot. The affordable handset will be available for purchase in its weekly flash sale tomorrow, 1 September at 12 noon.
In order to make a stronger appeal, the Canvas Xpress 2 packs some unique features such as an integrated Cirrus Wolfson Stereo DAC, gesture support like pinch in, pinch out and double finger swipe to quickly access favourite apps.
Apple poaches lead Microsoft HoloLens audio engineer, seen as boost for augmented reality research
The lead audio engineer for Microsoft's HoloLens augmented reality project has been hired away by Apple, fueling speculation that the iPhone maker could be working on an AR project of its own.
Augmented Reality is much more than just games.
The next Apple TV remote may have Wii-like motion controls and a microphone for SIRI.
THIS COULD BE APPLE'S NEXT STEP INTO GAMING
The launch of new Apple TV hardware may have been delayed from WWDC to Apple's Sept. 9 event to allow the company more time to polish its interface, one that will allegedly "blow away" current, "junky" smart TV interfaces.
Full article on Appleinsider site.
The prices for the upcoming Apple iPhone 6s and iPhone 6s Plus have leaked out and there are no surprises: it is the same pricing model that Apple has been using in years past. The leak originates from Dutch sources, which also reveal that the official release date for the iPhone 6s will be September 25th (but keep in mind that the Netherlands might get the phone a week after the US, Germany and France, where it is said to arrive on September 18th).
The iPhone 6s is thus expected to cost $649 for the 16GB version, $749 for the 64GB model and $849 for the 128GB model.
Then, the iPhone 6s Plus prices should start at $749 for the 16GB version, and go up to $849 for the 64 gig one and $949
According to previous reports, the Google Nexus 8 tablet will feature an 8-inch display, which is smaller in comparison to the 8.9-inch IPS LCD display with a resolution of 1536x2048 pixels offered by the Google Nexus 9 tablet made by HTC. The Google Nexus 8 tablet will be powered by an unnamed octa-core CPU clocked at 1.3 GHz. There are reports that instead of the QUALCOMM Snapdragon chipset, Google could use a MediaTek processor to power the Nexus 8 2015 tablet.
In the geekbench test screenshot we can see that it will house an octa-core processor however the manufacturer of the chip is not known yet.
CEO Hock Tan's confidence on Wednesday's earnings conference call regarding the mobile business was of some comfort, RBC Capital Markets analyst Amit Daryanani wrote in a research report.
Wall Street recently expressed concern that reportedly waning iPhone demand coupled with the saturated Chinese smartphone market could hurt Avago's bottom line.
For Q4, Tan guided to double-digit sequential growth for Avago's wireless business. In Q1, wireless sales represented 35% of Avago's revenue and rose 7% sequentially.
Smartphone demand isn't markedly declining, Tan said; in fact, Avago is contending with capacity issues. By year's end, he sees FBAR (filters used in cell phones to allow only specific frequencies to be transmitted) increasing by 50% vs. 2014. In 2016, Tan sees that growing again by half.
"Wireless demand continues to remain robust and is curtailed by lack of capacity," Daryanani wrote. "The segment should materially outgrow the broader industry as the need for high-performance filters only magnifies in 4G and LTE environments."
Daryanani rates Avago stock overweight and maintained his price target of 150.
Tan carefully sidestepped the Apple topic during the call. But Pacific Crest Securities analyst John Vinh saw the increasing FBAR capacity as a positive for Avago's input in upcoming iPhones.
After a 10% correction, the median days to a bottom is 15. "And the median further decline to a closing low is 3%."
Bottoms are V-shaped, and the recovery to the prior peak takes 1.4 times as long as the decline. "The current decline is 35 days, which implies a recovery to prior highs would be 50 calendar days, or October 2015."
Lee has a 2,325 target on the S&P 500.
Question August 27, 2015:
There have been reports of a decline in smartphone sales in China. Can you comment on demand for your products and the guidance for this quarter?
We guided the September quarter at the end of July and we typically do not provide mid-quarter updates. In general, our direct exposure to the China market is somewhat limited as the majority of our components are found in products sold globally.
Hey SIRI ....Give us a hint?
AVGO stock rising .....
The three employees were just exercising options granted in Aug 2014.
Each has a lot more shares that they are still holding...
Brennan. 43,002 shares ,
Sabotage 34,454 shares,
Hughes 29,515 shares.
"In contrast to the recent volatility and uncertainty in equity markets, our market fundamentals have been relatively stable and I am pleased with our third quarter revenue and earnings performance," said Hock Tan, President and CEO of Avago Technologies Limited. "Led by strong seasonal growth in our wireless segment, and stable performance from our enterprise storage, wired and industrial segments, we expect solid sequential revenue growth to sustain in the fourth quarter."
Al..it's still there.
Today, Ferrara is still a family owned business operated by the fifth generation. And that's perhaps the most wonderful thing about Ferrara. Since its beginning in 1892, the spirit has changed very little.