Monday, November 7, 2011

Monday Apple Rumors — iPhone 4S Still Flying Off Shelves

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tdp2664 InvestorPlace Here are your Apple rumors and AAPL stock news items for Monday: 85% of Apple Stores Can’t Keep iPhone 4S in Stock: A Monday report at Apple Insider said that one month after the iPhone 4S’ reveal to the public, Apple ‘s ( NASDAQ : AAPL ) latest smartphone still is impressively popular. The report detailed a note sent to investors by Deutsche Bank analyst Chris Whitmore. Whitmore polled 30 Apple Stores and found that between 85% and 90% of them continued to sell out of iPhone 4S stock on a daily basis. “Apple employees are directing customers to make an online appointment (first come first serve) for next day pickup at nearby Apple retail stores as stocks appear to be refreshed daily,” Whitmore said. Apple disappointed some investors when it reported just 17 million iPhones sold over the third quarter . Given the rate at which the iPhone 4S is selling, the fourth quarter should close on a higher note. Adobe Brings New Photo, Video Editing Tools to App Store: Adobe ( NASDAQ : ADBE ) released its Photoshop Elements 10 and Premiere Elements 10 photo and video editing apps on the Mac App Store on Monday. Boxed retail copies of both applications were released in September. Unlike those boxed copies, the Mac App Store editions of both are missing small features, such as Elements Organizer. Motorola Wins Injunction Against Apple in Germany: The latest skirmish in the mobile technology litigation wars has left Apple in hot water in Germany. A Friday report originating at FOSS Patents (via 9 to 5 Mac ) said that Motorola Mobility ( NASDAQ : MMI ) was awarded an injunction in that country, blocking Apple from selling its mobile products on the grounds that they infringe on patents held by Motorola. Apple released a statement later saying that the injunction was a “procedural issue” and wouldn’t keep the company from selling the iPhone, iPad or iPod Touch. Apple filed a patent infringement suit against Motorola in August looking to block the Xoom tablet from sale in Germany. 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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