Say No to Nokia
Apple (AAPL) is dominating the headlines today -- and rightfully so -- but let's take a step back and see what the tech titan's dominance means for its competitors. Specifically, Nokia (NOK) looks to have a tough road ahead.
Last night Apple blew out its fiscal first quarter, crushing Street expectations due to phenomenal shipment of iPhones, iPads, iPods and Macs. The clear standout in the quarter was the iPhone; Apple shipped 37 million units in the December quarter, up substantially from the 17.07 million iPhones shipped in 3Q 2011. The other surprise at least to me was the number of iCloud accounts that were activated -- more than 85 million -- as it helps make Apple's iOS-powered devices even more sticky. Even AppleTV fared better than expected. All in all, Apple's cohesive digital strategy is paying off....486 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.