Below we present a summary of key updates that might be of
interest to investors interested in technology stocks. This update
includes AT&T (
), Netflix (
), Sprint (
), Dish Network (
), Intel (
), AMD (AMD) and Nvidia (NVDA).
Netflix recently announced significant changes to its
subscription plans. The company has now separated its DVD plans
from streaming as well as made the combination of both 60% more
expensive than before.
Also, Goldman Sachs released a research note regarding its
expansion into Latin America stating that the company has potential
to become an alternative to pay-TV services in this region due to a
lack of competition from pay-TV providers.
AT&T has reportedly dropped the price of its popular
e-reader Kindle 3G by $50. This device will now be ad supported. In
another development, GigaOm reports that AT&T may be heading
close to introducing LTE-based devices, which will have capability
to fall back to HSPA+ network in case of insufficient LTE
Sprint has been getting aggressive lately. After offering
customers a credit for switching to Sprint from other carriers, the
company is taking at stab at Verizon's recent shift to a tiered
data plan by advertising its unlimited data plans prominently.
Sprint wants to take this opportunity to lure some customers while
Dish seems to have made its plans clearer. The company, in its
recent attempt to oppose AT&T's proposed acquisition of
T-Mobile, has stated that the acquisition will discourage Dish to
potentially enter the mobile broadband market.
Intel, AMD, Nvidia
According to technology research firms like Gartner, demand for
PCs has recovered a bit in Q2 2011. However, tablets continue to
cannibalize traditional PC sales.