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Fly News Breaks for March 12, 2015
AAPL, BRCM, INTC
Mar 12, 2015 | 08:32 EDT
JPMorgan believes VentureBeat's report that Intel (INTC) has won 4G modem chipset sockets on next generation iPhones makes sense. The firm thinks Apple (AAPL) wanted a second source 4G supplier as early as last year and that Broadcom (BRCM) left the baseband modem market last June after losing to Intel to be a second source supplier to Apple for future 4G modem chipsets into the iPhone. JPMorgan estimates $700M-plus in potential revenue from Apple in 2016 for Intel, which it feels could offset some of the current operating losses in the mobile division. It reiterates an Overweight rating on Intel shares, but points out the Apple win would not be a "huge revenue generator."
News For INTC;BRCM;AAPL From the Last 2 Days
AAPL
Apr 19, 2024 | 16:24 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
AAPL
AAPL
AAPL
Apr 19, 2024 | 05:39 EDT
Apple plans to spend more than $250M on its regional hub in Singapore, including expanding its campus later in 2024, in an effort to reduce exposure to China and diversify its footprint in Asia, The Wall Street Journal's Amanda Lee reports. The expanded campus will run completely on renewable energy, according to the report. Reference Link
AAPL
AAPL
Apr 18, 2024 | 09:06 EDT
IHG Hotels & Resorts (IHG) launches Apple (AAPL) AirPlay in the first phase of hotel rooms, giving guests the ability to stream content privately and securely from their iPhone or iPad to the TV in their guest rooms. AirPlay is available at more than 60 hotels in North America, including properties like InterContinental Buckhead Atlanta, Hotel Indigo NYC Downtown - Wall Street and Holiday Inn & Suites Ottawa Kanata. IHG is the first hospitality company to provide AirPlay functionality as part of its in-room entertainment experience.
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