Zacks Analyst Blog Highlights: Apple, AT&T, Verizon, Dell and Google

Mar 04, 2011, 09:30 ET from Zacks Investment Research, Inc.

CHICAGO, March 4, 2011 /PRNewswire/ -- Analyst Blog features: Apple Inc. (Nasdaq: AAPL), AT&T (NYSE: T), Verizon (NYSE: VZ), Dell Inc. (Nasdaq: DELL) and Google (Nasdaq GOOG).


Get the most recent insight from Zacks Equity Research with the free Profit from the Pros newsletter:

Here are highlights from Thursday's Analyst Blog:

Analysis of Apple's iPad 2

After launching the much-hyped tablet computer, iPad, on April 3, 2010 in the U.S., Apple Inc. (Nasdaq: AAPL) introduced iPad 2, its second generation tablet computer with additional features. Despite the buzz about the new iPad, the company's shares rose a modest 0.8% or $2.81 per share and closed at $352.12.

Old vs. New iPad

Most of the functionality and appearance remains the same in both the iPad versions. The tablet computer can be used for web browsing, reading and sending emails, viewing photos, watching videos, listening to music, playing games and reading ebooks. Further, both versions have a battery backup of 10 hours and can be used for a month on standby without charge.

While both versions have an LED-backlit LCD touchscreen that measures 9.7 inches (25 cm), the new iPad 2 is 33.0% thinner and up to 15.0% lighter. The first iPad weighed around 1.5 pounds and iPad 2 weighs closer to 1.3 pounds. The iPad 2 is 8.8 millimeters thick compared with13.4 millimeters for the first version iPad.

In terms of speed, the iPad 2 features a dual-core A5 processor chip for enhancing graphics capabilities. Apple commented that the graphics performance of iPad 2 would be nine times faster and that standard calculations would be twice as fast as its predecessor.

Moreover, iPad 2 has dual cameras for video conferencing, including a front-facing VGA camera for FaceTime and Photo Booth, and a rear-facing camera that captures 720p HD video. The previous version lacked the second camera, and given its speed limit more than one app could not run on the iPad at the same time.

iPad 2 comes with iOS 4.3, the latest version of Apple's mobile operating system, with new features including Safari mobile browsing performance, iTunes Home Sharing and AirPlay. There are 65,000 apps specifically made for the iPad available at the Apple app store.

iPad 2 is available in black and white models and will be distributed via both the AT&T (NYSE: T) and Verizon (NYSE: VZ) 3G networks. The previous version of the iPad was only available through AT&T.

Most importantly, the launch price of iPad 2 is same as the first version. The iPad 2 will be available in the U.S. on March 11 for $499 for the 16GB model, $599 for the 32GB model and $699 for 64GB (only for the Wi-Fi model).

The other model with both Wi-Fi and 3G will be available at $629 for 16GB, $729 for 32GB and $829 for 64GB. On March 25, Apple will begin shipping iPad 2 overseas, reaching out to 26 countries including the U.K., Germany and Japan.

Our Take

With several new entrants flocking to the market, the competition for iPad is heating up. Apple's competitors in the tablet market already include Dell Inc. (Nasdaq: DELL) (Streak tablet), Samsung (Galaxy Tab), Toshiba (SmartPad tablet), Acer and Lenovo, most of which are based on Google's (Nasdaq GOOG) Android OS.

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 is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics 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

Visit for information about the performance numbers displayed in this press release.

Follow us on Twitter:

Join us on Facebook:

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.


Mark Vickery

Web Content Editor



SOURCE Zacks Investment Research, Inc.