June 27, 2008
Lots of tech news this week, so let's get to it.
An iPhone price war? Bring it!
On Monday, Dave Mock reported on the iPhone price war. I'm not sure how much of a war it'll be, but I disagree with Dave that the only winners will be the carriers. I think there's huge upside for Apple (Nasdaq: AAPL ) .
Remember: It's the iEmpire, not AT&T (NYSE: T ) , that's going to collect royalty checks for third-party software designed for the iPhone. That's one of several reasons why Apple is the best software stock to buy now.
Why won't Microhoo leave us alone?
My favorite tech headline this week comes from our partners at Yahoo! Finance. "MSFT-YHOO: The Freddy Krueger of Deals," referring to rumors of renewed talks between Microsoft (Nasdaq: MSFT ) and Yahoo! (Nasdaq: YHOO ) .
First, monkey boy and now ... Freddy Krueger? Geez, even I'm starting to feel bad for Steve Ballmer. You just know a "1 ... 2 ... Stevie's coming for you ..." creep-out video is being made somewhere.
More digital news you can use:
- Nokia bought out peers to assume control of Symbian on Wednesday. Rich Smith says it's the end of a "Pax Nokia." I say "good."
- Also on Wednesday, Red Hat (NYSE: RHT ) reported massive first-quarter revenue growth (32%) and a 100% renewal rate among its largest corporate customers. Now, here's what you won't find in the headlines: Top investors -- such as Fidelity Growth Company's (FDGRX) Steve Wymer -- have been betting big on Red Hat.
- Shares of Oracle (Nasdaq: ORCL ) sank Thursday after reporting excellent fourth-quarter results the night before. Why the sell-off? Guidance; it was weaker than some on the Street expected. But, to me, it's just another buying opportunity.
- Finally, while it isn't a tech stock, Disney (NYSE: DIS ) pins its hopes on cuddly robot Wall-E tonight at the Cineplex. Let the countdown begin.
That's it for the week in tech. See you back here next Friday and, in the meantime, Fool on!