Edited by A-ha, 11 May 2008 - 05:11 PM.
Apple sold only 100K phones in Germany so far
Started by
A-ha
, May 11 2008 05:04 PM
2 replies to this topic
#1
A-ha
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Posted 11 May 2008 - 05:04 PM
Devil is in details... This info is in Deutsche Telekom news... thats is a shockingly low number imo. Makes me think this overrated balloon can implode below the spring low in a few days if sudden enlightenment comes to the market place. I think the problem with domestic consumer spending is nothing more than a reflection of the global picture.
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Deutsche Telekom CEO asks shareholders for patience
Sunday May 11, 12:51 pm ET
Report: Deutsche Telekom CEO asks for patience from shareholders, offers no comment on Sprint
BERLIN (AP) -- Deutsche Telekom AG's chief executive is asking shareholders to show patience, pointing to the global credit crisis as a reason for the company's lackluster share price, according to an interview published Sunday.
Rene Obermann took over as head of Europe's biggest telecom company in late 2006. Last week, the company reported a rise in first-quarter net profit but a decline in revenue.
Telekom shares, worth nearly 13.50 euros when Obermann took over, closed at 11.81 euros ($18.29) Friday.
"I want to show shareholders what great potential our company has, and I want to make clear how great an effort we are making to increase the value of the company," Obermann was quoted as telling the Frankfurter Allgemeine Sonntagszeitung newspaper.
However, "I can't perform magic," he added. "This is hard work that requires trust and patience."
Obermann noted that Telekom shares performed strongly until January. "Only with the credit crisis did the whole industry -- so our competitors as well -- fall back," he added, according to the report.
Obermann said that his company's marketing of Apple Inc.'s iPhone in Germany, where it is available only with a two-year contract from Deutsche Telekom's T-Mobile unit, has been "attractive and profitable."
He was quoted as saying that it has sold more than 100,000 of the devices in Germany so far.
Obermann brushed aside a question as to whether Deutsche Telekom wants to buy U.S. mobile phone rival Sprint Nextel Corp.
"It is our general policy not to comment on such market rumors," he said. "That would be irresponsible."
#2
A-ha
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Posted 12 May 2008 - 07:14 AM
here you go... its getting warmed up
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http://www.bloomberg...id=aiIztqOQ7zzY
Research In Motion Unveils Speedier BlackBerry, Beating IPhone
By Ville Heiskanen
May 12 (Bloomberg) -- Research In Motion Ltd. unveiled a BlackBerry phone with quicker Web browsing and more room for songs and videos, getting a jump on a faster iPhone that analysts expect next month.
The device, called the BlackBerry Bold, has a brighter screen and better Web browser than previous models, co-Chief Executive Officer James Balsillie said in an interview. The phone, which also has satellite navigation and a video camera, will start selling at AT&T Inc. for $300 to $400 this summer in the U.S., he said.
The product sets up a showdown between Apple Inc. CEO Steve Jobs and Balsillie in the market for so-called third-generation phones, which offer speedier Web access and video downloads. Such phones are the fastest-growing part of the handset market, with users quadrupling to 400 million in the next three years, RBC Capital Markets estimates.
``You need to provide faster networks, faster processors,'' said Balsillie, 47. Consumers are using ``more and more multimedia'' and ``there are lots of contenders out there.''
The Bold, which also will go on sale in Europe and Asia, is the first BlackBerry to use high-speed downlink packet access, or HSDPA, a network technology that speeds data delivery. Apple may introduce an iPhone with faster data in June, according to analysts such as RBC's Mike Abramsky.
Since the iPhone's debut last June, Apple has seized the No. 2 spot in the U.S. market for so-called smart phones, handsets with computer and Internet functions. The BlackBerry ranks first.
Courting Consumers
To fend off the iPhone, Research In Motion has expanded beyond business customers, releasing devices that have music players and cameras. The new BlackBerry lets users listen to songs from Apple's iTunes music program.
In a bid to foster new uses for the BlackBerry, the company started a $150 million venture-capital fund with the Royal Bank of Canada and Thomson Reuters Corp., Balsillie said. The fund invests in companies developing smart-phone applications.
The Bold has 1 gigabyte of memory, more than in any previous BlackBerry. Users can expand it to 8 gigabytes with a memory card. Cupertino, California-based Apple sells the iPhone in 8-gigabyte and 16-gigabyte versions.
While Balsillie unveiled the Bold before Jobs showed the new iPhone, the new Apple handset may still be the one that starts selling first, said UBS AG analyst Maynard Um. Apple, whose iPhone is sold exclusively in the U.S. through AT&T, usually waits to show new products until they are available to shoppers.
Research In Motion might benefit from following Apple's introduction because AT&T's rivals are likely to battle the new iPhone with their products, Um said. That may allow the Bold to start selling in a less competitive market later on.
Touch Screen?
With rounded corners, the Bold's design resembles that of the iPhone. Unlike Apple's product, it has a regular keyboard and not a touch screen. Still, Balsillie said he isn't ``religious'' about having a keyboard in the BlackBerry. Analysts say he may release a touch-screen model later this year.
``The BlackBerry design has improved quite a bit,'' UBS's Um said in an interview. ``We are going to see more innovation coming from them.''
Research In Motion rose $1.59, or 1.2 percent, to $132.77 on the Nasdaq Stock Market on May 9. Apple lost $1.61 to $183.45.
Research In Motion has more than doubled in the past 12 months, while Apple is up 72 percent over that span.
The BlackBerry dominated U.S. shipments for e-mail phones in the fourth quarter with 41 percent of the market, according to Reading, England-based research firm Canalys. The iPhone had 28 percent and Palm Inc., maker of the Treo, had 9 percent.
While Research In Motion dominates the market, Apple may grow faster this year. That company may more than triple its shipments to 14 million this year from last year's 4 million, RBC's Abramsky estimates. BlackBerry shipments will almost double this fiscal year to 25 million from 14 million last year, he projects.
Research In Motion will probably start selling other new BlackBerrys this year, including one that flips open to reveal a keyboard, Toronto-based Abramsky wrote in a note this month. He recommends buying both Apple and Research In Motion shares.
To contact the reporter on this story: Ville Heiskanen in New York at vheiskanen@bloomberg.net
Last Updated: May 12, 2008 00:01 EDT
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http://www.bloomberg...id=aiIztqOQ7zzY
Research In Motion Unveils Speedier BlackBerry, Beating IPhone
By Ville Heiskanen
May 12 (Bloomberg) -- Research In Motion Ltd. unveiled a BlackBerry phone with quicker Web browsing and more room for songs and videos, getting a jump on a faster iPhone that analysts expect next month.
The device, called the BlackBerry Bold, has a brighter screen and better Web browser than previous models, co-Chief Executive Officer James Balsillie said in an interview. The phone, which also has satellite navigation and a video camera, will start selling at AT&T Inc. for $300 to $400 this summer in the U.S., he said.
The product sets up a showdown between Apple Inc. CEO Steve Jobs and Balsillie in the market for so-called third-generation phones, which offer speedier Web access and video downloads. Such phones are the fastest-growing part of the handset market, with users quadrupling to 400 million in the next three years, RBC Capital Markets estimates.
``You need to provide faster networks, faster processors,'' said Balsillie, 47. Consumers are using ``more and more multimedia'' and ``there are lots of contenders out there.''
The Bold, which also will go on sale in Europe and Asia, is the first BlackBerry to use high-speed downlink packet access, or HSDPA, a network technology that speeds data delivery. Apple may introduce an iPhone with faster data in June, according to analysts such as RBC's Mike Abramsky.
Since the iPhone's debut last June, Apple has seized the No. 2 spot in the U.S. market for so-called smart phones, handsets with computer and Internet functions. The BlackBerry ranks first.
Courting Consumers
To fend off the iPhone, Research In Motion has expanded beyond business customers, releasing devices that have music players and cameras. The new BlackBerry lets users listen to songs from Apple's iTunes music program.
In a bid to foster new uses for the BlackBerry, the company started a $150 million venture-capital fund with the Royal Bank of Canada and Thomson Reuters Corp., Balsillie said. The fund invests in companies developing smart-phone applications.
The Bold has 1 gigabyte of memory, more than in any previous BlackBerry. Users can expand it to 8 gigabytes with a memory card. Cupertino, California-based Apple sells the iPhone in 8-gigabyte and 16-gigabyte versions.
While Balsillie unveiled the Bold before Jobs showed the new iPhone, the new Apple handset may still be the one that starts selling first, said UBS AG analyst Maynard Um. Apple, whose iPhone is sold exclusively in the U.S. through AT&T, usually waits to show new products until they are available to shoppers.
Research In Motion might benefit from following Apple's introduction because AT&T's rivals are likely to battle the new iPhone with their products, Um said. That may allow the Bold to start selling in a less competitive market later on.
Touch Screen?
With rounded corners, the Bold's design resembles that of the iPhone. Unlike Apple's product, it has a regular keyboard and not a touch screen. Still, Balsillie said he isn't ``religious'' about having a keyboard in the BlackBerry. Analysts say he may release a touch-screen model later this year.
``The BlackBerry design has improved quite a bit,'' UBS's Um said in an interview. ``We are going to see more innovation coming from them.''
Research In Motion rose $1.59, or 1.2 percent, to $132.77 on the Nasdaq Stock Market on May 9. Apple lost $1.61 to $183.45.
Research In Motion has more than doubled in the past 12 months, while Apple is up 72 percent over that span.
The BlackBerry dominated U.S. shipments for e-mail phones in the fourth quarter with 41 percent of the market, according to Reading, England-based research firm Canalys. The iPhone had 28 percent and Palm Inc., maker of the Treo, had 9 percent.
While Research In Motion dominates the market, Apple may grow faster this year. That company may more than triple its shipments to 14 million this year from last year's 4 million, RBC's Abramsky estimates. BlackBerry shipments will almost double this fiscal year to 25 million from 14 million last year, he projects.
Research In Motion will probably start selling other new BlackBerrys this year, including one that flips open to reveal a keyboard, Toronto-based Abramsky wrote in a note this month. He recommends buying both Apple and Research In Motion shares.
To contact the reporter on this story: Ville Heiskanen in New York at vheiskanen@bloomberg.net
Last Updated: May 12, 2008 00:01 EDT
#3
isaac613
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Posted 12 May 2008 - 09:35 AM
I am short aaple from today. Will hold until it hits your $8 target. You have the majic. Might take a while though. You think its a good idea?
