Here are your daily Apple (NASDAQ: AAPL ) news items and rumors for Wednesday:
GSM iPhone Coming in March: The Verizon (NYSE: VZ ) iPhone is already old news
as new rumors begin about Apples other plans for 2011. Apple Chief Operating
Officer Tim Cook confirmed that the new deal with Verizon is nonexclusive,
leaving open the opportunity for a new CDMA-standard iPhone to also hit Sprint
Nextels (NYSE: S ) network this year. It also means that carriers with GSM
standard 3G networks like T-Mobile USA may get a model of iPhone of their own in
2011. According to an anonymous source speaking to Redmond Pie Wednesday, the
Personal Hotspot mobile WiFi feature Apple introduced with the new Verizon CDMA
iPhone will come to all iPhones running the iOS 4 platform in March, including a
brand new GSM standard iPhone due out that month. The tipster even provided
images of the Personal Hotspot tool running on a beta version of iOS version 4.3
due in March. Verizon Getting CDMA iPad: Verizons relationship with Apple is
strengthening in more ways than one. Although the telecom has been selling
Apples iPad since October, it has only offered the 16GB and 32GB WiFi-only
models of the tablet PC, substituting the lack of internal support for Verizons
3G network by partnering devices with the carriers MiFi mobile hotspots.
Bloomberg reported Tuesday that Verizon will begin carrying a CDMA iPad. Details
on the new iPad, including whether or not this would be a new version of the
current iPad model or an iteration of the oft-rumored second-generation iPad
expected later this spring, are still forthcoming. Holiday Sales Predictions:
RBC Capital Markets analyst Mike Abramsky is projecting spectacular holiday
sales numbers for Apples most popular devices, fueling a fourth quarter to break
records across the board. Abramsky believes that iPhone sales increased 84%
year-on-year during the nine-week holiday period, bringing fourth-quarter iPhone
sales up to 16 million. (The previous record was set three months earlier when
Apple sold a total 14.1 million iPhones.) Completing what Abramsky calls Apples
holiday hat trick are an expected 6 million iPad sales and 4.2 million Mac
desktop and laptop sales for the year-ending quarter, up from respective
third-quarter sales of 4.19 million iPads (when the device was still
constrained by supply shortages) and 3.89 million Macs. Microsoft Fights App
Store Trademark: When Apples App Store first launched in 2008, the company filed
a trademark application for the name App Store, describing it as retail store
services featuring computer software provided via the Internet and other
computer and electronic communication networks; Retail store services featuring
computer software for use on handheld mobile digital electronic devices and
other consumer electronics. Naturally, that description fits outlets run by
Google (NASDAQ: GOOG ), Nokia (NYSE: NOK ), and Research in Motion (NASDAQ: RIMM
) as well. It also fits the description of the Windows Phone Marketplace on
Microsofts (NASDAQ:MSFT) Windows Phone 7 mobile platform, and Microsoft is not
happy that it cant call its digital storefront an App Store. The company has
sued to have Apples trademark of the term blocked, claiming that App Store is
too generic a phrase in the current market to be trademarked. As quoted in a PC
World report published Wednesday, …App Store is generic for retail store
services featuring apps and unregistrable for ancillary service such as
searching for and downloading apps from such stores. Even if unregistrable isnt
a word in the English language, it sounds like Microsoft has a decent case. As
of this writing, Anthony John Agnello did not own a position in any of the
stocks named here.
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