Apple is the next Microsoft, analyst says

The first time I ever talked to an analyst, she told me that I was perfectly sane, but merely needed a few hundred Prozac to lighten my burden.

This early, troubling experience has tended to color my encounters with the word "analyst."

However, in the venal world of money, every time an analyst speaks, numbers seem to twirl on Wall Street in nervous reaction.

I am surprised, therefore, that Wall Street and half of California didn't endure electrical faults on hearing that an analyst had declared Apple heading down Microsoft Way.

As Business Insider reports, Barclays' Ben … Read more

Cisco rumored to be putting Linksys up for sale

Cisco Systems is said to be in the works of selling off home wireless router-maker Linksys, according to Bloomberg.

Cisco has reportedly tapped financial services company Barclays to help it find a Linksys buyer. According to Bloomberg, the hope is that TV set makers may be interested in purchasing the company.

The networking-equipment maker bought Linksys for $500 million in 2003 as a way to facilitate its entry into the consumer networking market. Now, nearly 10 years later, it's looking like Cisco is trying to get out of this market.

Cisco has shuttered several of its consumer businesses the … Read more

The 404 1,140: Where 99 problems is still a lot of problems (podcast)

Leaked from today's 404 episode:

- Artist encourages Apple to "Think Different" with Steve Jobs action figure sculpture.

- Man mistakenly sexts entire contact list, lands in jail.

- Jay-Z helms star-studded Barclays Center opening.

- Today is the 30th anniversary of the first CD sale in Japan...Steve Guttenberg reflects.

- Key set available for $150 on eBay provides an all-access pass to NYC.… Read more

Netflix at risk again, Barclays says and downgrades shares

Netflix has appeared to claw its way back from a turbulent 2011, but Barclays is warning of new threats in the company's future.

In a report issued today, Barclays analyst Anthony DiClemente downgraded Netflix's stock to a hold rating. Much of what's giving DiClemente the heebie jeebies about Netflix shares we've heard before: Amazon is adding more and more titles to the company's Prime streaming-video library, the costs of acquiring content are skyrocketing, and there are more competitors in the United States and in overseas markets.

But dig into DiClemente's numbers a little and … Read more

With new iPad looming, Barclays rates Apple a $710 stock

Whether the new device expected today from Apple is called the iPad 3 or the iPad HD -- or the End All and Be All in the History of Techdom -- Barclays Capital has raised its target on Apple's stock to $710 from $630.

Interestingly, the upgrade note, authored by Barclays analyst Ben Reitzes, focused more on the potential contribution of iPhone 4S sales to Apple's bottom line than on the promise inherent in the company's tablets.

Noting "solid momentum" through the calendar first quarter, Reitzes wrote that iPhone 4S sales "seem to be … Read more

B&N's new Nook Tablet

Hard drive shortages and weak sales slow down the PC market, HTC announces phones that will get the Android 4.0 Ice Cream Sandwich update, and Barnes & Noble takes on the Kindle with a new lineup, including the Nook Tablet and Nook Simple Touch.

Links from Monday's episode of Loaded:

Barnes and Noble's new Nook Tablet Nook Color and Simple Touch HTC lists Ice Cream Sandwich updates HDD shortage slows PC demand Best Buy shuts down UK stores Subscribe:  iTunes (MP3)iTunes (320x180)iTunes (HD)RSS (MP3)RSS (320x180)RSS HD

Intel: Dell, Toshiba, Acer tablets coming in 2011

Intel CEO Paul Otellini said today that its chips will be in more than 35 different tablet designs in 2011, while clarifying that two lines of Atom processors will be used in tablets.

"We're going to make sure we support all of the viable operating systems that are in the marketplace," Otellini said at the Barclays Capital 2010 Global Technology Conference. The conference audio was streamed live over the Internet.

Intel listed more than 15 brands, including upcoming consumer tablets from Toshiba, Dell, Lenovo, Asus, Acer, and Motion Computing. "A number of them on Windows. A … Read more

Carriers creating Isis mobile payment network

AT&T Mobility, Verizon Wireless, and T-Mobile are creating a mobile payment network designed to help consumers more easily pay for items at stores using their cell phones, the trio announced today.

The three mobile companies are building the network, known as Isis, with the initial goal of setting up a mobile payment system in which people can use cell phones to pay for items directly at a retailer, known as point-of-sale purchases.

The system will use a technology called near-field communication (NFC), which provides short-range and encrypted wireless communication between different devices. The companies said the system will … Read more

AT&T, Verizon to turn phones into credit cards?

AT&T and Verizon Wireless are teaming up to turn your cell phone into a credit card, according to a story published by Bloomberg on Sunday.

The nation's two largest cell phone operators are forming an alliance with the credit card company Discover Financial Services and global bank Barclays to create a new service that could displace credit and debit cards with smartphones, the news agency reported. AT&T and Verizon Wireless are believed to be equal partners in the venture, with T-Mobile--the fourth largest wireless operator in the U.S--holding a smaller stake, Bloomberg also reported. … Read more

Rash of Intel, AMD warnings issued by analysts

Updated throughout at 2:30 p.m. PST.

A crush of warnings are descending on Intel, AMD, and the PC industry this week.

First up, Avian Securities. The brokerage company said that PC makers "are being very conservative with their build plans for Q4."

Market researcher IDC is equally pessimistic. "The supply chain is telling us that there is strong concern for demand decline," according to Shane Rau, an analyst at IDC. He is cutting his processor forecast "probably into the low to mid single digits on a unit basis for total PC processor growth … Read more