Year: 2010

“Bullish, but not banking on the Verizon iPhone,” JPMorgan has upped Apple’s price target to US$400 Thursday, reports “TheStreet” (http://macosg.me/2/xq).

JPMorgan analyst Mark Moskowitz told clients that the Verizon iPhone — if and when it arrives — will boost Apple’s earnings 11% annually, or $2 a share. But Moskowitz isn’t basing his financial projections or his $400 price target on the possibility of the iPhone going to Verizon, but on current iPhone and iPad sales.

Apple has agreed to settle a securities class-action lawsuit related to alleged stock-option backdating for US$16.5 million, the New York City Employees’ Retirement System said Wednesday — as reported by “MarketWatch” (http://www.marketwatch.com/story/apple-settles-backdating-suit-with-nycers-2010-10-06-1820290).

Good Technology, which specializes in multiplatform enterprise mobility, has released its first quarterly data report detailing how the rapid adoption of Apple’s iOS and Google’s Android devices is revolutionizing enterprise mobility marked by a fundamental shift to device choice, multiplatform support, and the rapid adoption of tablets.

The “Good Technology Device Activation Report for 3rd Quarter 2010,” based on data aggregated from thousands of Good’s enterprise customers, illustrates this fundamental shift in the mobility industry.