Editor’s Note: Related tickers: Apple Inc. (NASDAQ:AAPL), Research In Motion Ltd (NASDAQ:BBRY), Nokia Corporation (ADR) (NYSE:NOK)
APPLE CAN’T ADD GALAXY S4 TO SAMSUNG PATENT LAWSUIT (BloombergLaw)
Apple Inc. (NASDAQ:AAPL) lost its bid in a lawsuit to add Samsung Electronics (005930) Co.’s Galaxy S4 smartphone to a list of products it alleges to infringe its patents. The decision yesterday by U.S. Magistrate Judge Paul S. Grewal is part of a second patent case in San Jose, California, between the companies covering technology in newer smartphones, including Apple Inc. (NASDAQ:AAPL)’s iPhone 5 and Samsung’s Galaxy S III.
Apple’s ‘Designed by Apple’ ads are a flop, says analysis firm (MacWorld)
Apple Inc. (NASDAQ:AAPL)’s new TV adverts are a flop, according to a TV ad effectiveness consulting firm. Apple’s new TV ads focus on the company’s corporate policy and push patriotic credentials by reminding us that its products are designed in the US. Ace Metrix Inc, a firm that analyses the effectiveness of TV ads by carrying out surveys of at least 500 TV viewers, found that, when Apple Inc. (NASDAQ:AAPL)’s latest ads were put to the test, they scored below the industry average. The TV ad, which was first aired following Apple’s WWDC 2013 keynote on 10 June, scored the lowest out of 26 Apple TV ads in the past year in Ace Metrix’s survey.
Apple Price Target Lowered to $440.00 at Susquehanna (AAPL) (MideastTime)
Research analysts at Susquehanna decreased their price objective on shares of Apple Inc. (NASDAQ:AAPL) from $480.00 to $440.00 in a report released on Thursday, StockRatingsNetwork.com reports. Susquehanna’s target price would suggest a potential upside of 10.53% from the stock’s previous close. Apple Inc. (NASDAQ:AAPL) opened at 398.07 on Thursday. Apple has a 52-week low of $385.10 and a 52-week high of $705.07. The stock’s 50-day moving average is currently $431.. The company has a market cap of $373.6 billion and a price-to-earnings ratio of 9.50.
BlackBerry to release first-quarter earns Friday (Telegram)
BlackBerry-maker Research In Motion Ltd (NASDAQ:BBRY) will release first-quarter results before the market opens on Friday. It will take several quarters, though, to know whether the Canadian company is on a path toward successful turnaround. WHAT TO WATCH FOR: Sales of Research In Motion Ltd (NASDAQ:BBRY)’s new smartphones running the new BlackBerry 10 operating system. BlackBerry 10 addresses shortcomings that allowed the iPhone and Android devices to surpass the once-pioneering BlackBerry in sales and prestige. The quarter will reflect sales of Research In Motion Ltd (NASDAQ:BBRY)’s new touchscreen Research In Motion Ltd (NASDAQ:BBRY) in the U.S., but not its keyboard version which just went on sale in the U.S. this month.
Latest Survey Finds BlackBerry Users Are The Most Security Savvy (BerryReview)
Its not a huge surprise but its still an interesting statistic. SellCell, a used cellphone buyer, has done a survey of the different mobile device users and how they act on securing their devices. They found that Research In Motion Ltd (NASDAQ:BBRY) users are the most likely to know how to wipe their phone though 17% recycled their phone without wiping it. Here are some of the findings: Over half of respondents (60 percent) would not know how to wipe data off their phone before selling or recycling it; …One in seven have sold a phone without removing their data beforehand;
Miele Driven Through Nokia Lumia (PRCarbon)
Today, Nokia Corporation (ADR) (NYSE:NOK) has announced that Miele & Cie. KG, a global leader in premium commercial machinery for laundry care, dishwashing and disinfection, and domestic appliances, is switching to Nokia Corporation (ADR) (NYSE:NOK)’s Lumia as the smartphone of choice for its global employees. Nokia Corporation (ADR) (NYSE:NOK)’s Lumia, is Built on Microsoft Corp’s Windows Phone 8 platform, and further Nokia Lumia smartphones enable mobile access to Miele’s business applications such as SharePoint and Microsoft Outlook. Further, Nokia Lumia also offers Miele employees more benefits, with a modern smartphone, including secure access at no extra cost to Microsoft Office documents, information and contacts.
2nd Circ. Shoots Down Nokia ERISA Class Action (Law360)
The Second Circuit on Friday dismissed a class action alleging Nokia Corporation (ADR) (NYSE:NOK) duped members of its employee pension plan about the safety of investing in company stock, ruling the firm didn’t keep information about its deteriorating financial condition secret. A three-judge panel denied an appeal seeking to reinstate claims that fiduciaries of the Nokia Retirement Savings and Investment Plan breached their duties of prudence and loyalty by offering shares in Nokia Corporation (ADR) (NYSE:NOK), the technology firm’s Finnish parent company, beginning in January 2008. Manufacturing and pricing issues later contributed to a sharp decline in the price of Nokia Corporation (ADR) (NYSE:NOK) shares, according to the suit, filed under the Employee Retirement Income Security Act.
