Here are your Apple rumors and news items for Monday: No iPhone for You: AT&Ts
(NYSE: T ) acquisition of Deutsche Telekoms (PINK: DTEGY ) T-Mobile USA for $39
billion in cash and stock excited not only telecom investors, but a large number
of T-Mobile subscribers, who were convinced that they would now have access to
Apples (NASDAQ: AAPL ) line of smartphones. But T-Mobile itself extinguished
those expectations when it posted a list of frequently asked questions about the
merger on its website Sunday. The acquisition is expected to be completed in
approximately 12 months. We do not offer the iPhone. The implication is that
T-Mobile customers will have to wait until the company is a single entity to use
an iPhone. By that time, its likely that both T-Mobile and AT&T subscribers
will be upgrading to the rumored iPhone 5 that will be compatible with AT&Ts 4G
LTE network. Mac App Store Delivers: A recent study from analytics firm Distimo
found that after just one month of business, Apples Mac App Store is already
generating about 50% of the revenue of the iPad App Store. Based on results for
the top 300 apps in both stores, Distimo found that that the iPad App Store sees
more downloads than its home PC counterpart, but the average price of Mac App
Store apps is seven times higher than that of those in the iPad store. The
higher price of Mac apps is responsible for the rapid growth of the store. Also
telling is that the Mac App Store offers the fewest free apps among all app
stores including those operated by Google (NASDAQ: GOOG ) and Research In Motion
(NASDAQ: RIMM ). Last Stop, Grand Central: Just weeks after plans for an Apple
store in New Yorks Grand Central Station were made public, the New York
Observers Beta Beat blog reported on Monday that those plans have been
cancelled. While none of the parties involved in preliminary talks commented on
the cancellation, Beta Beat s source indicated that it was the Metro Transit
Authority which halted the development of the store. As of this writing, Anthony
John Agnello did not own a position in any of the stocks named here. Follow him
on Twitter at @ajohnagnello and become a fan of InvestorPlace on
Facebook.
No comments:
Post a Comment