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Today in Tech: Reading Tea Leaves on IBM
CNBC, Tech Correspondent
IBM says it's buying Emptoris, Amazon gets a bullish call, and Verizon customers finally get the Galaxy Nexus.
Let's have a look at what's driving the sector this morning:
Amazon's [AMZN
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] been initiated at outperform at Morgan Keegan, with a $210 price target, on expectations it can continue gaining share in North America. Likely to help Amazon gain share? Its scheme to get customers using their smartphones to comparison shop in the physical stores of rivals.
IBM [IBM
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]
And Verizon's [VZ
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] finally launching the Galaxy Nexus today -- the hotly anticipated flagship phone running the latest version of Android, dubbed Ice Cream Sandwich. Cost? $300 with contract.
Questions? Comments? And you can follow Jon Fortt on Twitter @jonfortt








