CHICAGO, Sept. 15, 2011 /PRNewswire/ -- 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. (Nasdaq: AAPL), Google Inc. (Nasdaq: GOOG), Hewlett-Packard Co. (NYSE: HPQ), Dell Inc. (Nasdaq: DELL) and Cisco Systems Inc. (Nasdaq: CSCO).
(Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO)
Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter: http://at.zacks.com/?id=5513
Here are highlights from Wednesday's Analyst Blog:
Samsung Sues Apple in French Court
The legal tensions between Apple Inc. (Nasdaq: AAPL) and Samsung Electronics Co. keeps intensifying, the latest development being that the latter has filed a case against Apple in a district court in Paris, France.
Samsung filed a compliant against the tech-giant, accusing Apple's iPhones and iPads to have infringed on three technology patents relating to its UMTS (Universal Mobile Telecommunications System).
UMTS is a third-generation (3G) broadband, packet-based transmission of text, digitized voice, video and multimedia at data transmission rates of up to 2 megabits per second (Mbps). Samsung seems to have found a new way to counter Apple with this technology-focused lawsuit, since it has not won any of the design-related lawsuits that it filed against Apple. The development of this case will be an interesting event, as Samsung has opened up a whole new front in the war between these two companies.
Till now Apple seems to be in an advantageous position as it has successfully defended its design-related patent lawsuits against Samsung in several countries, where Apple has won an injunction to the sale of Samsung's Galaxy Tabs and smartphones.
Of course, ever since Apple won an injunction against Samsung disallowing the sale of Galaxy tabs in Germany, the latter has been looking for all possible ways to challenge the ban. Apart from Germany, Apple and Samsung have locked horns in several counties that include the U.S., Australia, Korea, Japan, the Netherlands, Britain and now France.
Apple could be up against stiff competition in the tablet and smartphone markets from a number of companies, including Samsung, HTC and LG that have based their devices on Android, an open source operating system developed by Google Inc. (Nasdaq: GOOG). However, Samsung's Galaxy Tab is likely to be the strongest contender, so Apple's success versus Samsung so far is reason to cheer.
Apple's primary smartphone and tablet markets are very crowded, with the likes of Hewlett-Packard Co. (NYSE: HPQ), Dell Inc. (Nasdaq: DELL), Samsung, Cisco Systems Inc. (Nasdaq: CSCO), Toshiba and Acer gaining popularity in several international markets. However, so far Apple has managed to maintain its leadership position in the tablet market, and it enjoys a very strong position in smartphone markets as well.
Of course, as the outcome remains uncertain, impending lawsuits against several companies in different countries will remain an overhang on the stock going forward. However, positives can be derived from the various lawsuits that it has won in the recent past.
Apple's ability to spur the popularity of the products in developing nations, where it is less successful, will help dictate the company's fortunes in future.
We maintain our Neutral rating over the long term (6-12 months). Currently, Apple has a Zacks #2 Rank, which implies a Buy rating in the near term.
Want more from Zacks Equity Research? Subscribe to the free Profit from the Pros newsletter: http://at.zacks.com/?id=5515.
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: http://at.zacks.com/?id=5517
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leon Zacks. As a PhD from MIT 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 at http://at.zacks.com/?id=5518.
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/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
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
[email protected]
http://www.zacks.com
SOURCE Zacks Investment Research, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article