AAPL nearing $110 is the headline, but there are other stories worth noting this week, aggregated from 24/7 Wall St. partner Apple Investor News:
• Analyst comment of week: Majestic Research tells CNBC’s Jim Goldman that an Apple beat this time around is unlikely. Of course, Apple is famous for lowballing estimates, then beating handily. This follows EPS cuts from Thomas Weisel and the NPD February channel check data showing a 16% drop in Mac sales.
• Apple’s U.S. online store shows the iMac as the top-selling Mac. This is not the least expensive model. Now I’m really curious to see the Q2 Mac numbers.
• Subsidized Macs Coming? Mobile Today reports European carrier Orange will soon announce it will sell subsidized Mac laptops with a mobile broadband package.
• This week Apple announced a new seminar for businesses not familiar with the Mac OS. It’s called “Your business on a Mac. A better bottom line,” with seminars held around the US.
• Venture Funds have put $10 million into startup ngmoco, maker of successful iPhone and iPod Touch games. Founder Neil Young says the iPhone/Touch platform is “better than the (Nintendo) DS, better than the (Sony) PSP.”
• Rumor-soon-to-be-fact of the week: Much coverage of a Macworld UK report that China Unicom had posted a website ad getting ready to debut the iPhone in China.
• Rumor of video recording for the next-generation iPhone hardware surfaced this week, according to AppleInsider. Some reports even hinted at editing capabilities.
• Finally, Apple’s Worldwide Developer Conference (WWDC) dates are set for June 8-12.
Frank Cioffi, Apple Investor News.
(full disclosure: Cioffi owns AAPL shares)
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