Tech Teardown: October 2
In today's episode of Tech Teardown, host Erin Kennedy discusses the latest developments in the tech sector with Evan Niu, CFA, our tech and telecom bureau chief.
In recent headlines, Apple enjoyed a nice pop on Tuesday after Carl Icahn met with Tim Cook to discuss increasing Apple's share repurchase program. Icahn would like to see the company boost its authorization to $150 billion. AT&T also announced that it is launching a gigabit fiber optic Internet service in Austin, a clear competitive response to Google Fiber.
No. 4 wireless carrier T-Mobile is also making gains in the domestic wireless industry, thanks to several factors. The carrier is pushing transparent pricing and device financing instead of subsidies, and also finally got its hands on the iPhone after years without the device.
The latest buzz in the rumor mill is that Apple might launch a Retina iPad Mini this year, but that it also might see significant supply constraints related to display manufacturing. Meanwhile, Intel's Internet TV service may be delayed until next year due to challenges in procuring content deals.
More on Apple
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Erin Kennedy owns shares of Apple. Evan Niu, CFA, owns shares of Apple and Verizon Communications. The Motley Fool recommends and owns shares of Amazon.com, Apple, Google, and Intel. It owns shares of Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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