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Saturday, April 24, 2010

iphone sales are become the hotcakes in India where each set in Grey market has been sold in Rs 32000 approx and in the first week after the commercial launch each Indian market was taking about 40-50pcs and same as consumers. i-phones irrespective of the price tag witnessed its huge fans. APPLE APPEARS UNSTOPPABLE
better-than-expected iPhone sales, Apple blew away Wall Street revenue and profit estimates. Analysts last week pushed up their price targets, and many envision the stock hitting $300 or higher. Apple is within striking distance of stealing Microsoft's title as the highest market-cap tech company.
MICROSOFT, IN CONTRAST, IS AN unappreciated gem that is set up for a big, big second half. The company (MSFT) is on a serious new-product roll. As Thursday's March-quarter results demonstrated, Windows 7 continues to sell like crazy, with revenue from the total Windows business up 29% in the quarter, growing even faster than PC sales, which rose 25%. The company indicated the much-anticipated corporate PC refresh cycle is under way, with corporate PC units up 14%.

Nokia is cutting costs to keep up. There are reports it has pushed out the debut of a pending update of its flagship Symbian OS. And it isn't just Nokia: Cellphone chip-maker Qualcomm (QCOM) got whacked last week on guidance that left the Street pining for more growth. On the carrier side, Verizon (VZ) and AT&T (T) reported disappointing post-paid customer net adds.

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