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Apple iPad 2: Launch is expected to be Wednesday, March 2, 2011
The Apple Ecosphere: Playing the Chipmakers for iPad and iPhone
Apple Chip Suppliers Apple is expected to launch the iPad 2 on Wednesday, March 2, 2011. Several chipmakers stand to benefit from the anticipated strong sales of iPad 2 and other Apple products such as the iPhone. Jon Najarian, on CNBC Fast Money, suggests the following chipmakers that are Apple suppliers: Broadcom (BRCM), Skyworks (SWKS), Texas Instruments (TXN), Atmel (ATML), and Linear Technology (LLTC). Apple recently reported iPad sales of 4.8 million units in the first 9 months of the product. IDC is projecting sales of the iPhone at 100 million in the next year.
Apple Stockholders Annual Meeting The Apple Shareholders meeting was held on February 23, 2011. Jeff Klinefelter on CNBC Fast Money noted that not one question was asked about Steve Jobs. Shareholders voted to not disclose the management succession plan. Specifically this means who will succeed Apple CEO and Co-Founder Steve Jobs. Klinefelter made the point that the Board and Shareholders have so much confidence in Apple and Apple products that disclosure is unnecessary. Karen Finerman then stated, "You cannot be in Apple (AAPL stock) right now without realizing the risk of Steve Jobs not being at the helm is real." Tim Seymour added, "You've had this risk for 18 months, this is old news, come on."
CNBC Fast Money "The Apple Ecosphere: A Look at Chip Winners on Apple's Strength" Tech investors are buzzing about the cryptic invitation Apple just emailed, for a March 2nd event. According to the Internet blogosphere, the tech titan is about to debut of a new version of its hot-selling iPad tablet computer - or iPad 2. Jon Najarian suggests the excitement about the new iPad is yet another signal that the tablet market is about to explode. He suggests watching a slew of chipmakers.
Apple Stockholders Annual Meeting The Apple Shareholders meeting was held on February 23, 2011. Jeff Klinefelter on CNBC Fast Money noted that not one question was asked about Steve Jobs. Shareholders voted to not disclose the management succession plan. Specifically this means who will succeed Apple CEO and Co-Founder Steve Jobs. Klinefelter made the point that the Board and Shareholders have so much confidence in Apple and Apple products that disclosure is unnecessary. Karen Finerman then stated, "You cannot be in Apple (AAPL stock) right now without realizing the risk of Steve Jobs not being at the helm is real." Tim Seymour added, "You've had this risk for 18 months, this is old news, come on."
CNBC Fast Money "The Apple Ecosphere: A Look at Chip Winners on Apple's Strength" Tech investors are buzzing about the cryptic invitation Apple just emailed, for a March 2nd event. According to the Internet blogosphere, the tech titan is about to debut of a new version of its hot-selling iPad tablet computer - or iPad 2. Jon Najarian suggests the excitement about the new iPad is yet another signal that the tablet market is about to explode. He suggests watching a slew of chipmakers.
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