iPhone Suits Up For Business?
Will Apple's new 3G iPhone come equipped with corporate compatibility?
The release of Apple'snext-generation iPhone could usher in a new chapter of big-time growth for the company if sales mushroom because of 3G technology, says CNBC Silicon Valley Bureau Chief Jim Goldman.
Analysts speculate the new device will look much like the current model on the outside, but feature a host of new technologies on the inside, including far faster network access on AT&T's 3G platform.
Piper Jaffray analyst Gene Munster tells Fast Money the new iPhone will have corporate compatibility; a direct challenge to RIMM’s ubequtious BlackBerry. He’s put a $250 price target on the stock.
I'm bullish, says Pete Najarian. Apple looks like a buy to me!
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Trader disclosure: On June 6, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (C), (BTU), (GS), (INTC), (MSFT), (NUE); Finerman Owns (GS), Finerman's Firm Owns SPX Index Puts; Finerman's Firm And Finerman Own (HD); Finerman's Firm Owns (SUN), (TSO), (VLO), (MSFT), (AAPL), (NYX),(PPH),TIPs; Finerman's Firm And Finerman Own (C), (C) Leap; Finerman's Firm Is Short (IYR), (IJR), (MDY), (SPY), (IWM), (BIG); Macke Owns (WMT), (INTC), (MSFT), (DIS); Najarian Owns (AAPL), (BHI), (CHK), (HD), (HPQ), (TSO), (XLF), (NOK), (AMLN), (ENER); Najarian Owns (LEH) Puts; Najarian Owns (NUE) Calls, (AA) Calls