“Now that the hotly awaited jobs report is behind us — albeit somewhat disappointingly — we’re left to wonder what investors have to look forward to, in terms of market moving events,” Matt Phillips blogs for The Wall Street Journal.
“Short answer: not much before the end of the year, unless you enjoy listening to the squabbling coming out of Washington over the potential for full or partial extension of the Bush-era tax cuts,” Phillips writes.
“But building far off in the distance is rumbling related one of the most beloved stocks on the street,” Phillips writes. “The launch of the CDMA iPhone.”
Phillips cover three recent analysts notes on the subject from Citigroup’s Russ Gardner, Pacific Crest’s Andy Hargreaves, and Canaccord Genuity’s T. Michael Walkley here.
MacDailyNews Take: Such a launch, if and when it happens, will affect fortunes far and wide – and well beyond those of Apple Inc. First to feel the pain will be handset assemblers who’ve slipped the Android noose around their necks. Next up, as contracts elapse, will be any U.S. carrier who’s left out of the iPhone mix.
[Thanks to MacDailyNews Readers “Fred Mertz” and “James W.” for the heads up.]