Support Our Site
Get Better Gear!
- Texas Tea for the iPhone and iPod touch from Snakehead Software, $1.99
- Tenqa SP-109 Stereo Wireless Bluetooth Speaker from Tenqa, US$39.99
- RedLaser from Occipital, LLC , US$1.99
- iSkin solo, solo FX, and solo FX SE iPhone cases from iSkin, US$29.99 (solo); $32.99 (solo FX); $34.99 (solo FX SE)
- MobiValet from MobiValet, US$24.99 - $49.99
Premier Sponsors
Top 5 Free Apps
iTunes New Music Releases
Top 5 Paid Apps
Discover New Music
- Barenaked Ladies
- These guys know how to put on a live show, and whomever recorded this knows how to capture one. Rock Spectacle is one of the warmest-sounding recordings I've ever heard, and totally fills a room at a
Buffy the Vampire Slayer - Once More, with Feeling
- Various Artists
Most musical episodes of TV shows frankly stink. They are usually little more than ill-conceived vehicles intended to let the stars show off what musical talent they have. Once More, With Feeling,
- The Who
Quadrophenia is everything that Tommy wanted to be, a rock opera that told a story, but one where every song could still stand alone. It was also Pete Townshend's farewell tribute to the Mod
- Jellyfish
- The second and final album from this power-pop group makes me wish Jellyfish had been able to make just one more record together. The album is best enjoyed as a whole piece, flowing from one track to
- Chicago
For those of you who don't know, Chicago didn't always suck, and everyone in the band didn't always play a keyboard. When the band started off they were pioneers of rock and jazz fusion, and guita
Reader Specials
Visit Deals On The Web for the best deals on all consumer electronics, iPods, and more!
News
AAPL Plummets Amidst Fear of RIM Warfare
Wednesday, June 25th, 2008 at 4:00 PM - by .(JavaScript must be enabled to view this email address)
Apple stock is down dramatically on Thursday thanks to investor fears that RIM is gearing up for a major war against Apple.
In early afternoon trading AAPL is down US$7.64 to $169.75.
On Wednesday, RIM said it plans to increase its spending on marketing by 28-30 percent in the August quarter. That’s twice the expected revenue growth. Like Apple, RIM will soon release their own 3G smartphone, the BlackBerry Bold.
Samuel Wilson, an analyst with JMP securities, said that RIM seems to be "gearing up for a war with Apple."
As a result, investors are sensing an all out, debilitating smartphone war that will drag down the fortunes of all the manufacturers, Samsung, HTC and Nokia included.
The Dow Jones Industrial Average took a big hit on Thursday as Goldman Sachs told investors to unload their positions in automotive stock. Traditionally, when the stock market as a whole takes a hit, investors bail from AAPL as well, and that likely has also contributed to the steep drop of AAPL stock.
The concerns are in in spite of the fact that even the most conservative analysts who watch Apple believe that the company will double its iPhone sales in 2009 compared to 2008.
<!--#include virtual="/includes/newsite/series/stockwatch.shtml"-->
Recent Headlines
- iPad: A Reason For Being
- Google Lowers Nexus One “Equipment Recovery Fee” to $150
- Texas Tea for the iPhone and iPod touch
- Notebook, iThoughts Add TextExpander touch Support
- Fixing iPhone and MobileMe Sync Headaches
- Juniper Readies Software to Improve Cell Carrier Networks
- Survey: iPad Announcement Increased Awareness, Fails to Convert New Buyers
Post Your Comments