Sponsored Links 
The Zacks Analyst Blog Highlights: Apple, Verizon Communications, Vodafone, AT&T and Nokia
Print
Share
For Immediate Release
Chicago, IL – April 12, 2011 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (AAPL - Analyst Report), Verizon Communications Inc., (VZ - Analyst Report), Vodafone Plc (VOD - Analyst Report), AT&T (T - Analyst Report) and Nokia Corp. (NOK - Analyst Report).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:
Here are highlights from Monday’s Analyst Blog:
Apple to Investigate Verizon Issue
Apple Inc. (AAPL - Analyst Report) was reported to have been receiving complaints that some version of its recently launched iPad 2 was having difficulties in connecting with the Verizon Wireless network, and is thereby investigating the issue. The Verizon Wireless network is a subsidiary of Verizon Communications Inc., (VZ - Analyst Report) and is co-owned by Vodafone Plc (VOD - Analyst Report).
Users of iPad 2 for the Verizon Wireless network complained of connectivity issues while logging on to the Verizon 3G network. The iPad 2 was launched in three versions, with one version sold as WiFi-only and the other two compatible with AT&T (T - Analyst Report) Wireless networks and the newly assigned Verizon Wireless network.
Apple is looking into the issue though the group complaining of problems on the Verizon Wireless network is small as of now.
Between the other two iPad 2 versions, neither the WiFi-only model nor the AT&T network model seem to be having any network related problems.
Apple previously had an exclusive agreement with AT&T, under which the iPad was launched last year. With the launch of iPad 2, it had roped in Verizon network in a bid to make the product more popular and widely available, while also making use of Verizon’s superior technology. However, with customers complaining against the connectivity issue, Apple is likely to have reason to be worried.
Since the launch of iPad 2, Apple seems to have been in the news for all the wrong reasons. Nokia Corp. (NOK - Analyst Report) sued Apple stating that Apple had violated seven of its patents in all of its converged mobile devices including mobile phones, portable music players, tablets and computers. The case is currently under consideration by the U.S. International Trade Commission (ITC).
Apple was also plagued by supply constrains after a major earthquake and tsunami wreaked havoc in Japan and despite its iPad 2 being sold out in the US, fresh supplies were delayed by more than four to five weeks.
Recently, Apple was attributed a lower weight in the tech-heavy Nasdaq 100 due to the rebalancing of the index by the Nasdaq OMX Group that is responsible for maintaining the Nasdaq index, effective May 2, 2011.
Despite these negatives weighing on the stock, we have an Outperform rating on Apple shares, as we think it remains the favorite stock in the technological sector with its stupendous growth trajectory and the timeliness of innovative product launches, which have made it a wealth creator for its investors.
The negatives might have some short-term impact on the Apple stock but the trend is positive for the coming quarters.
Currently, we have a Zacks #3 Rank for Apple, which translates into a Hold rating in the short term.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today:
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
YouTube Channel: http://www.youtube.com/user/ZacksInvestmentNews
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Chicago, IL – April 12, 2011 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Apple Inc. (AAPL - Analyst Report), Verizon Communications Inc., (VZ - Analyst Report), Vodafone Plc (VOD - Analyst Report), AT&T (T - Analyst Report) and Nokia Corp. (NOK - Analyst Report).
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:
Here are highlights from Monday’s Analyst Blog:
Apple to Investigate Verizon Issue
Apple Inc. (AAPL - Analyst Report) was reported to have been receiving complaints that some version of its recently launched iPad 2 was having difficulties in connecting with the Verizon Wireless network, and is thereby investigating the issue. The Verizon Wireless network is a subsidiary of Verizon Communications Inc., (VZ - Analyst Report) and is co-owned by Vodafone Plc (VOD - Analyst Report).
Users of iPad 2 for the Verizon Wireless network complained of connectivity issues while logging on to the Verizon 3G network. The iPad 2 was launched in three versions, with one version sold as WiFi-only and the other two compatible with AT&T (T - Analyst Report) Wireless networks and the newly assigned Verizon Wireless network.
Apple is looking into the issue though the group complaining of problems on the Verizon Wireless network is small as of now.
Between the other two iPad 2 versions, neither the WiFi-only model nor the AT&T network model seem to be having any network related problems.
Apple previously had an exclusive agreement with AT&T, under which the iPad was launched last year. With the launch of iPad 2, it had roped in Verizon network in a bid to make the product more popular and widely available, while also making use of Verizon’s superior technology. However, with customers complaining against the connectivity issue, Apple is likely to have reason to be worried.
Since the launch of iPad 2, Apple seems to have been in the news for all the wrong reasons. Nokia Corp. (NOK - Analyst Report) sued Apple stating that Apple had violated seven of its patents in all of its converged mobile devices including mobile phones, portable music players, tablets and computers. The case is currently under consideration by the U.S. International Trade Commission (ITC).
Apple was also plagued by supply constrains after a major earthquake and tsunami wreaked havoc in Japan and despite its iPad 2 being sold out in the US, fresh supplies were delayed by more than four to five weeks.
Recently, Apple was attributed a lower weight in the tech-heavy Nasdaq 100 due to the rebalancing of the index by the Nasdaq OMX Group that is responsible for maintaining the Nasdaq index, effective May 2, 2011.
Despite these negatives weighing on the stock, we have an Outperform rating on Apple shares, as we think it remains the favorite stock in the technological sector with its stupendous growth trajectory and the timeliness of innovative product launches, which have made it a wealth creator for its investors.
The negatives might have some short-term impact on the Apple stock but the trend is positive for the coming quarters.
Currently, we have a Zacks #3 Rank for Apple, which translates into a Hold rating in the short term.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter
About Zacks Equity Research
Zacks Equity Research provides the best of quantitative and qualitative analysis to help investors know what stocks to buy and which to sell for the long-term. Continuous coverage is provided for a universe of 1,150 publicly traded stocks. Our analysts are organized by industry which gives them keen insights to developments that affect company profits and stock performance. Recommendations and target prices are six-month time horizons.
Zacks "Profit from the Pros" e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today:
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3 to 1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit from the Pros
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Follow us on Twitter: http://twitter.com/zacksresearch
Join us on Facebook: http://www.facebook.com/ZacksInvestmentResearch
YouTube Channel: http://www.youtube.com/user/ZacksInvestmentNews
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
Read the full analyst report on AAPL
Read the full analyst report on VZ
Read the full analyst report on VOD
Read the full analyst report on T
Read the full analyst report on NOK
Loading Stories...
33.60
-10.74