Friday, November 11, 2011

Friday Apple Rumors — Hong Kong Catches iPhone 4S Fever

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tdp2664 InvestorPlace Here are your Apple rumors and AAPL stock news items for Friday: iPhone 4S Draws Big Lines in Hong Kong: Apple (NASDAQ: AAPL ) released its latest smartphone in 15 more countries Friday. According to a report at MIC Gadget (via Mac Rumors ), more than 3,000 customers lined up at Apple’s flagship store in Hong Kong at the IFC Mall to purchase an iPhone 4S, but just 1,250 phones were available for purchase. The iPhone 4S has yet to be released in China, and MIC ‘s report claimed that nearly half of those lined up in Hong Kong were purchasing the phones on behalf of scalpers looking to resell in China. China has become a significant iPhone market for Apple in the past two years. iPhone sales in that country were up 250% year-on-year during the company’s second quarter, and total revenue from China totaled nearly $5 billion for the first half of 2011. Sony Hoping to Beat Apple to Connected TV Punch: All signs suggest that Apple is gearing up to bring its special brand of market segment domination to the TV business sometime in the next year. Now the old kings of television are saying that they’re already getting ready to fight Apple’s HDTV . The Wall Street Journal reported on Thursday that Sony (NYSE: SNE ) CEO Howard Stringer touted his company’s plan to take on Apple . Stringer said, “We can’t continue selling TV sets (the way we have been). Every TV set we all make loses money.” To that end, Stringer said his company was pouring efforts into research and development to create a new type of television — one that would compete with the non-traditional TV set Stringer said he has “no doubt” Apple is making. He believes, as the late Steve Jobs’ comments about the Apple TV suggested , that the key to success in the future television market is simplicity akin to that of the iPhone. “The beauty of the iPhone is it’s really well organized.” If Sony can build a simple-to-use television that works seamlessly with its many other products, it might very well reinvigorate its television business. iPhone 4S Users Reporting Battery Problems After Update: Apple released an update to its iOS platform on Thursday with the goal of ameliorating the short battery life problems some iPhone 4S owners have reported. A report at 9 to 5 Mac said the battery problems have persisted even after the update, at least for a number of users. One user reported that after opening the Safari web browser, his phone’s battery icon lost 2% of its charge immediately. As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at



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