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Apple’s Rise to Test Intel’s Next CEO

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The success of iPhone and iPad is a problem for Intel’s next CEO; future Apple chip development will have a great effect on Intel’s future. Paul Otellini, Intel CEO seems to be on the verge of retirement, and the next CEO will face even more aggressive world of consumers like Apple internal chips for their own means. One of Intel’s big customers is Apple and Macs are all Intel-based. The actual problem that Intel is facing is Apple’s major growth happening in smartphones and tablet market. It is not a small issue for Intel. With increasing number of shippings on iPads and iPhones, more research and development and cash is flowing into Apple’s fashioning chips development. It would take place in the form of A-series processors and might not require Intel’s help.

If you look from Apple’s point of view, this step seems much more convincing, in fact, a lot of sense. It can create its own custom silicon, which can fit its needs perfectly. As a logical point, Intel gets increasingly worried about Apple’s plan about making own silicon. If Apple takes Silicon to center stage, Intel will have to give up its reliable customers.

Apart from it, the bigger problem for Intel is the soft giant’s vast influence in the smartphone or computer market. Apple’s success in tablets or phones pushes equally-influential and larger competitors, like Google and Samsung to come up with their own alternatives. All these eventually push the importance for personal computing.

Well, in such cases, what has Intel got to do? Most probably, it’ll have to rely on one of the successive three people who weren’t so cleverly floated as CEO candidates in its Press Release: Renee James as head of Intel’s software business, Brian Krzanich as head and chief operating officer of worldwide manufacturing, and lastly, Stacy Smith as director and chief financial officer of corporate strategy.

Intel’s next CEO has to respond to Apple’s internal development chips. Haswell will be featured in tablets next year, just the same as Microsoft’s Surface, while Broadwell will be equipped in small-tablets and computers. It is built on Intel’s 14 nm technology. Silvermont chips and its successor Airmont are aimed at thinner tablets and power-sensitive devices and are slated to go into production this year and may feature in models in next year. It is really a tough time for Intel’s new CEO to manage and come up with better mobile chips.

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Top 3 Gainers: Zynga (NASDAQ:ZNGA), Eros International (NYSE:EROS), Borqs Technologies’ (BRQS)

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Zynga (NASDAQ:ZNGA) is up 2.5% after Benchmark reiterated its Buy rating in a look-ahead at Q2 earnings. The firm’s expecting a beat and solid guidance for Q3, and it’s raising its guidance for the fiscal year.

Tailwinds from the pandemic won’t dissipate easily, Benchmark suggests, and the videogame maker’s acquisition of Peak (and with it new “forever franchises” in Toon Blast and Toy Blast) will drive audience, bookings, margins and free cash flow, it says. The firm has an $11 price target, now implying 14% upside.

Eros International (NYSE:EROS) is up 5.8% today, making up the last week’s lost ground, after news that its streaming service Eros Now is partnering with Sony India (SNE +2.3%).

That will mean Eros Now’s app is pre-installed on selected Sony smart televisions in India, along with availability on a large base of existing models (Bravia E series and newer).

The country over the past year has seen a 25% growth in demand for smart TVs, fueled by overall industry growth of 15%, to a record 15M units/year.

Borqs Technologies’ (BRQS) personal safety tracker sees strong market with increased orders from the electronics retail chain in the US.

The boost in product demand comes ahead coronavirus pandemic that provides company to expect delivery of 250K units this year. It reflects over 3x the volume delivered in 2019, the year of its launch.

Borqs’ mobile personal safety devices designed particularly for senior citizens come with panic button, location tracking, and fall detection.

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Tesla, Inc. (TSLA): US agencies investigate fatal Tesla Model 3 crash in Florida

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American safety officials are looking into the circumstances surrounding another fatal Tesla, Inc. (TSLA) crash. Both the NTSB and the NHTSA have confirmed that they’re investigating a collision between a Model 3 and a semi truck in Delray Beach, Florida on March 1st. According to the police report, the truck was turning left to enter a main thoroughfare when the Model 3 crashed into the semi’s trailer, shearing off the car’s roof and killing the driver. It’s not certain if Autopilot was active, although the Model 3 kept traveling for more than 500 yards before coming to a stop.

Why ASDN Could Massively Outperform TSLA in 2019

Tesla said in a statement that it was “deeply saddened” about the collision and was “reaching out” to authorities to cooperate. The NTSB added that it typically takes one to two years to complete investigations like this.

This certainly isn’t the first time US safety agencies have investigated Tesla crashes to determine the possible role of Autopilot. However, there are unusually close parallels to a deadly incident from May 2016, when a Model S driver in Florida struck a trailer. His vehicle had Autopilot engaged and also kept going a significant distance after the crash, although investigators cleared Tesla and noted that the driver in that case ignored safety warnings. While the particular circumstances are different, it wouldn’t be out of the question for agents to compare the two cases.

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Amazon (NASDAQ:AMZN), Qualcomm (NASDAQ:QCOM) Are In News On Monday

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Evercore raises its Amazon (NASDAQ:AMZN) price target from $1,800 to $1,965 saying that gross profit has become a “more important indicator” than Y/Y revenue growth.

Key quote: “As such, we remain bullish on AMZN at least in part because the company’s gross profit is expected to grow ~400bps faster than revenue for AMZN over the next 3 years.”

Why Investors Are Calling ASDN the AMZN of the Sky!

Amazon shares are up 0.9% pre-market to $1,686.

Qualcomm (NASDAQ:QCOM) alleges in a San Diego federal court that Apple (NASDAQ:AAPL) violated three of its patents and asks for tens of millions of dollars in damages.

Qualcomm has filed a series of patent actions against Apple around the world that will conclude before the antitrust trial starting in April, which will hear Apple’s challenge to QCOM’s business model.

Have you seen the article Forbes wrote about the ASDN Flying Passenger Drone and its technology?

U.S. District Judge Dana Sabraw will open an eight-day trial today deciding whether Apple violated Qualcomm’s patents with its iPhones that contain Intel (NASDAQ:INTC) chips.

Qualcomm shares are up 0.8% pre-market to $54.65.

Apple shares are up 0.5% to $175.88.

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