iTunes vids failing on 5th gen iPods; GPS in iPhone code? More
Owners of Apple's early video-capable, fifth-generation iPods have found that some recent iTunes Store videos refuse to play. Also, beta versions of the iPhone's 2.0 software emulator make reference to currently unused GPS features, Apple has released its Aperture SDK, and Sony has acquired the company that provides track titles for iTunes.
Lehman initiates coverage of Apple, sees Mac share doubling by 2013
Global financial services firm Lehman Brothers initiated coverage on Apple this week with an Overweight rating and $195 price target given the company's ongoing share gains in the PC market, potential for open-ended growth with new iPhones, and prospects for groundbreaking new products later this year and next.
O2 iPhone boost; Jobs interview tonight; 10.5.3; AT&T adds 1.3m
A recent iPhone price cut in the UK has spurred sellouts at O2 and Carphone Warehouse stores. Meanwhile, an interview with Steve Jobs will air tonight as part of a documentary on Pixar; Apple has pushed out a new build of Mac OS X 10.5.3; and AT&T added another 1.3 million subscribers in the first quarter.
AmTech downgrades Apple shares to Neutral on valuation
Investment firm American Technology Research on Tuesday cut its long-standing Buy rating on shares of Apple Inc. to Neutral, citing near-term concerns with the stock's valuation, high expectations on the part of investors, and a potential product vacuum ahead of the third calendar quarter.
