blog

Apple Stock Goes Stratospheric, and Samsung Pushes Limits of Mobile Memory

Can you feel it? Fall is in the air, signaling an end to the craziest, roller-coaster tech summer on record. But the coming season promises to equal the excitement of the last few months as we ready ourselves for Windows 8, Surface, and the iPad Mini. Prepare for the coming techpocolypse with today’s best news.


Apple Stock Goes Stratospheric: Analyst Ups Price Target to $840


Riding the powerful response to the new iPhone 5 and upcoming-but-still-unofficial iPad Mini, Apple’s stock is looking to rise even higher. Sterne Agee analyst Shaw Wu has changed his price target for Apple stock for the second time since the iPhone 5 release, believing the stock will hit $840. Speaking of the iPad Mini, Wu was quoted as saying, “From a supply-chain perspective it is ready to go.” (Venture Beat)


First iPhone 5 Reviews Tout Large Screen, Battery Life, Lightness


It may be a couple weeks before most people get their hands on the iPhone 5, but the reviews are already pouring in. WSJ and All Things D’s Walt Mossberg still considers the phone the best on the market. Engadget’s Tim Stevens said of the new iPhone, “Two times faster? Twice the graphics performance? Better battery life? Actually, yes. The iPhone 5 over-delivers on all those promises.” (AllThingsD, Engadget)


Samsung’s Tablet Remains Banned While Develops Nex-Gen Mobile Memory


For Samsung, it’s been a good-news, bad-news type of summer, and that trend doesn’t seem to changing. Judge Lisa Koh, who presided over the trial between Apple and Samsung, has denied the company’s request to reverse the three-month old ban on its Galaxy Tab 10.1 tablet. On the other hand, however, is news that Samsung has begun production of next-gen LPDDR3 2GB mobile memory, which should boost mobile bandwidth to PC-levels. The first devices featuring LPDDR3 memory are expected to arrive next year. (CNET, TheNextWeb)


Mobile-Loving Customers Slow PC Replacement Sales


PC replacement rates have fallen from 20 percent in 2007 to just 11 percent in 2011, a drop of 55 percent, according to market research firm Gartner. Theorizing that the drop marked a shift from “content creation” to “content consumption.” It remains to be seen how enterprise functions long relegated to the PC will be adapted for use on tablets. (PCMAG)