Headlines >>›› Android 5.1 Lollipop Update Allegedly Coming in February 2015DirecTV Subscribers Now Have Access to Fox Now, FXNow, & Nat Geo via Apple TV & iOS AppsNew Apple Patent Hints At Big Touch ID UpgradeHands-On With Alpine’s iLX-007 In-Dash CarPlay Entertainment SystemApple ‘Failing to Protect Chinese Factory Workers’Apple’s Tim Cook Slams BBC ReportSamsung Says ‘Cya’ to ChatON Smartphone Messaging AppHow to get Lollipop’s Brilliant Notification System on any Android Phone for FreeNext Year’s ‘Android M’ Update Might take Android in an Exciting New DirectionThese are the Essential iPhone Camera Tricks Used by Pro Photographers

Apple eBook Settlement Not Bothering Investors, Wall Street

On Thursday, MMW reported that Apple agreed to a $450 million settlement to resolve issues that the iDevice maker colluded with publishers to fix eBook prices.

So what was the impact on AAPL in response to this news? Perhaps a better question would be: What impact?

Indeed, Wall Street and investors all but looked the other way on news of the settlement. In fact, as SeekingAlpha puts it, the eBook settlement should be seen as a “catalyst to BUY not to SELL.”

Investors, they say, “should be focused on the long term earnings power not fear driven headlines.”

Helping Apple this week is the fact that the company announced the settlement in concert with promising news that Apple has partnered with IBM to secure a stronger footing in the enterprise arena.

All told, the $450 million settlement is pretty much a non-issue for Apple and investors.

Source: http://www.mobilemarketingwatch.com/apple-ebook-settlement-not-bothering-investors-wall-street-43351/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MobileMarketingWatch+%28Mobile+Marketing+Watch%29

VN:F [1.9.13_1145]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.13_1145]
Rating: 0 (from 0 votes)