Stock Talk’s Technical Trade Outlook for Monday November 16th, 2009 are: DELL, HD, TGT
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Intel is leading an initiative that would encourage developers to sell applications for netbooks, PCs and other devices powered by its chips. The world’s biggest chipmaker Tuesday told its annual developer forum in San Francisco that it was creating a platform based on an App Store framework for devices running on its Atom low-power microprocessor. Apple’s App Store, which allows users to shop for applications that personalize their iPhones, has been very successful. In a keynote speech, Paul Otellini, Intel chief executive, announced support from Acer, Asus and Dell, which are launching their own App Stores, Asus already has its own version, based on Intel’s framework. Read more
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Dell disclosed yesterday that it was preparing to enter the Smart Phone business, adding to the escalating competition as mobile handset and computer makers converge on one of the only parts of the personal technology market still showing strong growth and profits. Confirmation of Dell’s long-rumored intentions in the mobile market came as China Mobile showed off a model of a Dell Smart Phone running Google’s Android operating system. Dell described the handset as a “proof-of-concept prototype” and said that the company was working with the Chinese mobile operator on launch plans. Dell did not disclose further details or timing.
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