Gerry? Are You Really Reading?

Gerald Landolfi, one of my favorite people on the planet and emerging financial and marketing and sales guru (among other things). Thank you for reading my blog and catching the occasional typo. What would I do without you?

(For the record, I misspelled “rumor” on purpose just to see if you were really reading.)

2 comments July 11th, 2007

Apple Stock Hits High on iPhone Nano Rumor

While Microsoft is denying any plans to cut the price of its Xbox 360 video game console, Apple is tightlipped about a rumor that it will offer a lower-priced iPhone. The Apple rumor is spurring the Mac-maker’s stocks to an all-time high. Shares rose 2.5 percent to $134.50 on Tuesday with the prediction coming from a reputable source: JP Morgan.Reuters reported that Kevin Chang, a JP Morgan analyst based in Taiwan, said Apple will transform an iPod Nano into an iPhone Nano. The result would be a lower-cost model of the iPhone. This less-expensive version, Reuters reported, could be available in the fourth quarter.

Now there’s debate in the industry as to whether JP Morgan retracted Chang’s statement, which was based on insider information and an Apple patent that was published last week. Some news outlets indicated there was a retraction, while others, citing unidentified sources inside JP Morgan, said the suggestion of a retraction is erroneous. Either way, stock analysts said the story once again demonstrates the power of speculation.

Click here to read the rest of this story on NewsFactor.

Add comment July 11th, 2007

Microsoft’s Patch Tuesday Fixes Enterprise Bugs

Another month, another Patch Tuesday. Microsoft issued six securityupdates to patch 11 vulnerabilities — eight of the bugs critical — in its latest monthly release.
There are two patches, though, on which security researchers are hyperfocused this month. VeriSign iDefense ranks the security updates for Active Directory and .NET as the most critical because these services are most likely to be installed and vulnerable in an enterprise network environment, said Ken Dunham, director of VeriSign iDefense’s Rapid Response Team.

Click here to read the rest of this story on NewsFactor.

Add comment July 11th, 2007