Monday, February 11, 2008

Apple getting into handheld gaming?

Citigroup re-iterated their buy on AAPL and $212 target, and putting it on it's Top Pick Live list. Looks like the analysts have been reading this:

Trademork notes that Apple has filed to extend their Apple trademark into new areas, covering:
Toys, games and playthings, namely, hand-held units for playing electronic games; hand-held units for playing video games; stand alone video game machines; electronic games other than those adapted for use with television receivers only; LCD game machines; electronic educational game machines; toys, namely battery-powered computer games.

9to5Mac believes that the iPhone and iPod touch will be seeing $100 price drops in the next two months, simultaneously discontinuing the low capacity models. Their belief is that the 8GB Touch and 8GB iPhone will be discontinued, leaving a 16GB iPhone at $399, 16GB Touch at $299, and 32GB Touch at $399.