White Noise News

Research in Motion (NASDAQ:RIMM) BlackBerry users have waited a decade for an improvement to the current web browsing experience most users would describe as grim relative to other smartphones. When RIM acquired Torch Mobile some time ago, crackberry users rejoiced that they may finally get a WebKit-based browser, capable of holding its own with those experienced by owners of the Apple (NASDAQ:AAPL) iPhone and other similar high-end smartphones. It look like patience may have paid off. Tech blog Engadget ran an HTML5 test and noted that the new WebKit browser found in BlackBerry latest version of its operating system (6.0) scored a 208 (out of 300) - topping the iPhone’s score of 185 and the HTC Incredible’s score of 151. The new operating system is slated to be released some time in the third quarter of this year. SmarTrend currently has Research In Motion in an Uptrend. Since 2008, SmarTrend subscribers trading Research In Motion using our alerts outperformed the stock by 603%. We are monitoring these developments and will alert subscribers to any change in trend.

“In an effort to increase its foothold overseas, Motorola (NYSE:MOT) unveiled a new smartphone version of its handset that features a popular Chinese handwriting technology. Motorola used to be a market leader in the smartphone market in China, however, its lost momentum in recent years as competitors like Apple (NASDAQ:AAPL) and Research in Motion (NASDAQ:RIMM) begin to encroach on its territory. Motorola’s Ming handset was unveiled in 2006 as a smartphone for users who preferred to type via Chinese characters using a stylus on a touch screen, the WSJ reported. Now, the third-generation Mings have been released, which operate on Google’s (NASDAQ:GOOG) Android system and are able to operate at higher speeds. The smartphones will be offered in three versions, one for each of the nation’s state-operated mobile systems. SmarTrend currently has Motorola in an Uptrend. Since 2008, SmarTrend subscribers trading Motorola using our alerts outperformed the stock by 179%. We are monitoring these developments and will alert subscribers to any change in trend.”

Intel Corp. (NASDAQ:INTC)shares are trading 0.06% lower at .17 after the company lowered its Q3 revenue forecast, citing weaker-than-expected demand for consumer PCs. The company said that it now expects sales of billion, plus or minus 0 million, down from .2 billion to billion, vs. consensus estimates of .52 billion. SmarTrend alerted subscribers to take profits in Intel on August 11, 2010 at .44, since then the stock fell 6.7%. We are now watching for any positive developments that could result in a new uptrend signal.

Intel Corp. (NASDAQ:INTC), the world’s largest chipmaker, is nearing a deal to acquire Infineon Technologies AG’s wireless business, according to three sources familiar with the deal. An announcement could be made as early as this week the sources indicated. Infineon, which is Europe’s second-largest chipmaker, is looking for about .91 billion for its wireless business, two of the sources said. An acquisition of the unit, which is responsible for creating processors used in Apple’s (NASDAQ:AAPL) iPhone, comes in the wake of Intel’s (NASDAQ:INTC) .68 billion acquisition of McAfee, which was announced on August 19th. Intel CEO Paul Otellini has turned to the acquisition strategy to get its chips into a wider range of hardware. Intel’s chips can be found in over 80% of the world’s computers, but they fall short in the phone industry.SmarTrend alerted subscribers to take profits in Intel on August 11, 2010 at .44, since then the stock fell 6.1%. We are now watching for any positive developments that could result in a new uptrend signal.

Google’s (NASDAQ:GOOG) Android software outsold Apple’s (NASDAQ:AAPL) mobile operating system for the first time last quarter among new smartphone users in the US, according to a Business Week report, which cited Nielson Co. Android had about 27% of the US market in Q2, compared to Apple’s iOS market share of 23% during the quarter, according to Nielsen’s website. Research in Motion (NASDAQ:RIMM) stayed in the lead with a 33% share. Manufacturers used Android in a wider range of devices, which gave consumers more options. In terms of existing smartphone users, the iPhone managed to retain a higher share than Android. Roger Entner, head of telecom research at Nielsen, said in an interview, “There’s a massive hunger for smartphones, and the Android universe came out not just with one blockbuster device but with a whole series of blockbuster devices,”

Technology stocks Are mostly higher as investors regained a taste for the sector on some positive economic news. In sector news, Intel Corp. (INTC) reportedLY settled with the US Federal Trade Commission in an arrangement where Intel can’t retaliate against computer makers who do business with non-Intel suppliers, according to a Wall Street Journal report. Meanwhile, Motorola (MOT) is up after investor Carl Icahn again raised his stake in the company. Icahn raised his shareholding to 9.99% from 8.75% in May, according to a US regulatory filing dated yesterday.

HTC said it intends to launch four smartphone models under its name in China in an effort to establish its brand as the world’s largest mobile market. Apple (NASDAQ:AAPL) has been slow in its rollout of its new products in China, and analysts see HTC as a beneficiary of this slow launch overseas.

Intel (NASDAQ:INTC) has announced that it will acquire PC security firm McAfee (NYSE:MFE) for per share in cash. The deal values McAfee at .68 billion and the price is a 60% premium to yesterday’s close. Intel President and CEO Paul Otellini said, “With the rapid expansion of growth across a vast array of Internet-connected devices, more and more of the elements of our lives have moved online…The addition of McAfee products and technologies into the Intel computing portfolio brings us incredibly talented people with a track record of delivering security innovations, products and services that the industry and consumers trust to make connecting to the Internet safer and more secure.” On an adjusted basis, Intel expects he deal to be slightly accretive in the first year, and improve beyond that.

Intel (NASDAQ:INTC) has announced that it will acquire PC security firm McAfee (NYSE:MFE) for per share in cash. The deal values McAfee at .68 billion and the price is a 60% premium to yesterday’s close. Intel President and CEO Paul Otellini said, “With the rapid expansion of growth across a vast array of Internet-connected devices, more and more of the elements of our lives have moved online…The addition of McAfee products and technologies into the Intel computing portfolio brings us incredibly talented people with a track record of delivering security innovations, products and services that the industry and consumers trust to make connecting to the Internet safer and more secure.” On an adjusted basis, Intel expects he deal to be slightly accretive in the first year, and improve beyond that.

Intel Corp. (INTC) is rising after it announced it will buy a unit of Texas Instruments Inc (TXN) that produces cable modem chips. Financial details of the deal were not disclosed, but Intel is expected to combine Texas Instrument’s Puma product lines with with its own processors group to produce smarter modems and cable set-top boxes. Shares in Santa Clara, California-based Intel opened at .14, and have traded between .31 and .37 over the past 12 months. Texas Instruments too is up over 1.3% at .40.