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Is All of Apple's Good News Actually Good?
There are lots of seemingly favorable positive Apple headlines today.
Michael Comeau    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Apple (NASDAQ:AAPL) is rising sharply in pre-market action on two pieces of news, one definitely positive and one possibly positive:

1. Yesterday after the close, Apple and IBM (NYSE:IBM) announced a partnership to promote IBM software, big data, and cloud services on iOS devices within the enterprise. IBM will create more than 100 industry-specific enterprise solutions, including native apps for iPhone and iPad. IBM will also optimize cloud services for iOS, including device management and security initiatives. A new AppleCare service and support offering will also be created.

And very importantly, IBM will sell iPhones and iPads directly to clients as part of industry-specific solutions. This is great news because it gives Apple a new sales channel that complements Apple's existing enterprise and bring-your-own-device (BYOD) presences.

BlackBerry (NASDAQ:BBRY) is getting beaten up on the news; it's down about 5% in pre-market trading, presumably because people think this news will push BlackBerry out of more enterprises.

However, expectations for BlackBerry were already extraordinarily low, and plenty of enterprises still need to support BlackBerry and Google (NASDAQ:GOOG) Android devices. Nothing's going to change overnight as a result of this press release.

BlackBerry is also increasingly being perceived as an Internet of Things play. That adds two elements to the story: a potential new growth opportunity, and appeal as an acquisition target.

I'm considering going long BlackBerry this morning -- I'll update on the Buzz & Banter should I take action.

2. And on the possibly-positive front, Taiwan Semiconductor (NYSE:TSM) reported better-than-expected second-quarter results and strong Q3 guidance. News reports have indicated that Apple has shifted some of its semiconductor business away from Samsung (OTCMKTS:SSNLF) to Taiwan Semi, so the implication is that what's good for Taiwan Semi is good for Apple.

However, expectations for the iPhone 6 are already very high, and unless Apple specifically awarded Taiwan Semi business because demand is so strong that Samsung can't handle all the orders, this is non-news -- especially since it's not official that Apple is working with Taiwan Semi.

Twitter: @MichaelComeau

Follow the markets all day every day with a FREE 14 day trial to Buzz & Banter. Over 30 professional traders share their ideas in real-time. Learn more.
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Position in AAPL
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
Is All of Apple's Good News Actually Good?
There are lots of seemingly favorable positive Apple headlines today.
Michael Comeau    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Apple (NASDAQ:AAPL) is rising sharply in pre-market action on two pieces of news, one definitely positive and one possibly positive:

1. Yesterday after the close, Apple and IBM (NYSE:IBM) announced a partnership to promote IBM software, big data, and cloud services on iOS devices within the enterprise. IBM will create more than 100 industry-specific enterprise solutions, including native apps for iPhone and iPad. IBM will also optimize cloud services for iOS, including device management and security initiatives. A new AppleCare service and support offering will also be created.

And very importantly, IBM will sell iPhones and iPads directly to clients as part of industry-specific solutions. This is great news because it gives Apple a new sales channel that complements Apple's existing enterprise and bring-your-own-device (BYOD) presences.

BlackBerry (NASDAQ:BBRY) is getting beaten up on the news; it's down about 5% in pre-market trading, presumably because people think this news will push BlackBerry out of more enterprises.

However, expectations for BlackBerry were already extraordinarily low, and plenty of enterprises still need to support BlackBerry and Google (NASDAQ:GOOG) Android devices. Nothing's going to change overnight as a result of this press release.

BlackBerry is also increasingly being perceived as an Internet of Things play. That adds two elements to the story: a potential new growth opportunity, and appeal as an acquisition target.

I'm considering going long BlackBerry this morning -- I'll update on the Buzz & Banter should I take action.

2. And on the possibly-positive front, Taiwan Semiconductor (NYSE:TSM) reported better-than-expected second-quarter results and strong Q3 guidance. News reports have indicated that Apple has shifted some of its semiconductor business away from Samsung (OTCMKTS:SSNLF) to Taiwan Semi, so the implication is that what's good for Taiwan Semi is good for Apple.

However, expectations for the iPhone 6 are already very high, and unless Apple specifically awarded Taiwan Semi business because demand is so strong that Samsung can't handle all the orders, this is non-news -- especially since it's not official that Apple is working with Taiwan Semi.

Twitter: @MichaelComeau

Follow the markets all day every day with a FREE 14 day trial to Buzz & Banter. Over 30 professional traders share their ideas in real-time. Learn more.
< Previous
  • 1
Next >
Position in AAPL
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
More From Michael Comeau
Daily Recap
Is All of Apple's Good News Actually Good?
There are lots of seemingly favorable positive Apple headlines today.
Michael Comeau    

This article was originally posted on the Buzz & Banter where subscribers can follow over 30 professional traders as they share their ideas in real time. Want access to the Buzz plus unlimited market commentary? Click here to learn more about MVPRO+.

Apple (NASDAQ:AAPL) is rising sharply in pre-market action on two pieces of news, one definitely positive and one possibly positive:

1. Yesterday after the close, Apple and IBM (NYSE:IBM) announced a partnership to promote IBM software, big data, and cloud services on iOS devices within the enterprise. IBM will create more than 100 industry-specific enterprise solutions, including native apps for iPhone and iPad. IBM will also optimize cloud services for iOS, including device management and security initiatives. A new AppleCare service and support offering will also be created.

And very importantly, IBM will sell iPhones and iPads directly to clients as part of industry-specific solutions. This is great news because it gives Apple a new sales channel that complements Apple's existing enterprise and bring-your-own-device (BYOD) presences.

BlackBerry (NASDAQ:BBRY) is getting beaten up on the news; it's down about 5% in pre-market trading, presumably because people think this news will push BlackBerry out of more enterprises.

However, expectations for BlackBerry were already extraordinarily low, and plenty of enterprises still need to support BlackBerry and Google (NASDAQ:GOOG) Android devices. Nothing's going to change overnight as a result of this press release.

BlackBerry is also increasingly being perceived as an Internet of Things play. That adds two elements to the story: a potential new growth opportunity, and appeal as an acquisition target.

I'm considering going long BlackBerry this morning -- I'll update on the Buzz & Banter should I take action.

2. And on the possibly-positive front, Taiwan Semiconductor (NYSE:TSM) reported better-than-expected second-quarter results and strong Q3 guidance. News reports have indicated that Apple has shifted some of its semiconductor business away from Samsung (OTCMKTS:SSNLF) to Taiwan Semi, so the implication is that what's good for Taiwan Semi is good for Apple.

However, expectations for the iPhone 6 are already very high, and unless Apple specifically awarded Taiwan Semi business because demand is so strong that Samsung can't handle all the orders, this is non-news -- especially since it's not official that Apple is working with Taiwan Semi.

Twitter: @MichaelComeau

Follow the markets all day every day with a FREE 14 day trial to Buzz & Banter. Over 30 professional traders share their ideas in real-time. Learn more.
< Previous
  • 1
Next >
Position in AAPL
The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.
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