Month: March 2017

Apple Stock Hovers near All-Time High; Gets two price target increases

Dan Uff March 1, 2017 0

“Tech behemoth Apple received two price-target increases on its stock on Tuesday as excitement builds for its upcoming iPhone 8 release,” Patrick Seitz reports for Investor’s Business Daily. “”

“Guggenheim Securities analyst Robert Cihra reiterated his buy rating on Apple stock and raised his price target to 180 from 150,” Seitz reports. “UBS analyst Steven Milunovich maintained his buy rating on Apple stock on Tuesday, but upped his price target to 151 from 138.”

“Cihra expects iPhone unit sales growth and average selling price increases to re-accelerate over the next two years,” Seitz reports. “He also believes the iPhone 8 upgrade cycle will be extended because of the limited supply of new OLED displays. Instead of a one-year supercycle of upgrades, it could be a two- to three-year extended cycle, Cihra said in a report.”

Read more in the full article here.

Google announces new YouTube TV Service for $35.00/Month

Dan Uff March 1, 2017 0

YouTube used to be the place you could watch almost anything you wanted, for free. Now YouTube wants to be the place that sells you TV.

Google’s video site is taking the wraps off YouTube TV, its new $35-a-month TV service that will package a bundle of channels from the broadcast networks and some cable networks.

YouTube says the service, which will sit in a new, standalone app, will launch later this spring. It’s separate from YouTube Red, the ad-free subscription service the company launched last year, which hasn’t had much success.

YouTube TV is supposed to be “mobile first” — that is, YouTube expects that subscribers will spend most of their time watching on phones, though they’ll also be able to watch on devices like laptops and traditional TVs, via Google’s Chromecast devices.

To read the rest of the recode article, click here.

Apple Pay in Japan adds support for six new credit cards / launches limited time promotion

Dan Uff March 1, 2017 0

Apple Pay in Japan has activated a two month promotional blitz to help get the word out about the payment service and to also promote six new credit cards that the country is offering.

The promotion includes a cash back offering, gain points, and more.

For more information, you can go to Apple's new web site dedicated to this offer.