Here are your Apple rumors and news items for Tuesday: iPad 2 Hits PCs:
Shareholders in stalwart PC stocks like Hewlett-Packard (NASDAQ: HPQ ) and Dell
(NASDAQ: DELL ) received bad news on Tuesday. Deustche Bank analyst Chris
Whitmore told investors in a note that supply chain sources are pointing to slow
PC sales during the first quarter of 2011 due to weak demand. Whitmore more than
halved his prediction for PC sales for the full year as a result, to 4% from 9%.
And surprise: Apples (NASDAQ:AAPL) iPad tablet PC is named as a significant
cause, by Whitmore, who raised his tablet PC sales target to 45 million, 35
million of which will be iPad 2s. Whitmore also emphasized doubt in the
prospects that H-P, Dell, Samsung, and Research In Motions (NASDAQ:RIMM) chances
in the space: We remain skeptical whether [they] can close the competitive gap
on iPad 2. Yes, We Can Hear That: A new ChangeWave indicates that Verizons
(NYSE: VZ ) big sales pitch for the iPhone 4 that its network offers more
reliable voice support than AT&T (NYSE: T ) is more than just talk.
Significantly fewer Verizon iPhone users reported dropped calls than did AT&T
users just 1.4% of Verizon iPhone users reported experiencing dropped calls
since the phone was released in February. Nearly 5% of AT&T iPhone subscribers
have experienced dropped calls in the past 90 days. While its still too early to
tell if the iPhone will be the defining success for Verizon this year, it's at
least promising to see that the influx of new iPhone users hasnt put undue
strain on the companys 3G network. App Probe: MarketWatch reported on Monday
that a federal grand jury has subpoenaed streaming radio business Pandora and
other web businesses, which are suspected of violating user privacy rights with
Google (NASDAQ: GOOG ) Android and Apple mobile apps, collecting data on users
without their express agreement. While positioning information like GPS location
is well-regulated, there are still only a few guidelines restricting businesses
from compiling user information throughout entertainment and utility apps
downloaded through digital storefronts. 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.
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