April 22 Tech Currents
8:20 AM. Patent war escalates between Apple (AAPL) and Samsung Electronics. Samsung sues Apple for mobile communications patent infringement after Apple charged Samsung's Galaxy with 10 patent violations. Apple chip supplier, Samsung, supports Google (GOOG)'s Android that will trounce Apple with 39.5% 2011 smartphone share to iPhone's 15.7%. Will Apple lose more smartphone share than analysts expect?
8:35 AM. ISuppli cuts Apple (AAPL) iPad 2011 shipment forecast by 9% -- from 43.7 million in February to 39.7 million. Apple could not satisfy Q1 iPad2 demand due to LCD quality concerns and speakers parts shortages. Will this 9% drop in iPad shipments cut Apple 2011 revenues by $1 billion? Will Apple fix LCD problems with investment in LG Display (LPL), Sharp and Toshiba Mobile Display?
8:58 AM. Tokyo social networker, Gree (3632), pays $104 million for OpenFeint, a U.S.-based maker of 5,000 smartphone games. Gree, with 25 million customers, wants OpenFeint to help it reach 75 million more. Gree's stock rose 3.4% on the announcement and is up 40% in 2011. Could Gree's aggressive expansion plans boost shares in its partner, Tencent Holdings (TCEHY)?
8:35 AM. ISuppli cuts Apple (AAPL) iPad 2011 shipment forecast by 9% -- from 43.7 million in February to 39.7 million. Apple could not satisfy Q1 iPad2 demand due to LCD quality concerns and speakers parts shortages. Will this 9% drop in iPad shipments cut Apple 2011 revenues by $1 billion? Will Apple fix LCD problems with investment in LG Display (LPL), Sharp and Toshiba Mobile Display?
8:58 AM. Tokyo social networker, Gree (3632), pays $104 million for OpenFeint, a U.S.-based maker of 5,000 smartphone games. Gree, with 25 million customers, wants OpenFeint to help it reach 75 million more. Gree's stock rose 3.4% on the announcement and is up 40% in 2011. Could Gree's aggressive expansion plans boost shares in its partner, Tencent Holdings (TCEHY)?
posted by petercohan at 5:59 AM
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