For Immediate Release
Chicago, IL – March 19, 2010 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: Google (GOOG), Sprint Nextel (S), Deutsche Telekom (DT), Qualcomm (QCOM) and Apple (AAPL).
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Here are highlights from Thursday’s Analyst Blog:
Nexus One Heading to Sprint
Google’s (GOOG) so-called “superphone” Nexus One will soon get a second official US carrier as Sprint Nextel (S) is reportedly planning to market the device in near future. The third largest US carrier will unveil pricing and the launch date shortly.
Manufactured by Taiwanese handset vendor HTC, Nexus One is Google’s own branded Android smartphone launched in January 2010. The current GSM version of Nexus One is being sold through Google’s website for an unsubsidized price of $530 and at a subsidized price of $180 under a two-year service contract from Deutsche Telekom’s (DT) US arm, T-Mobile USA.
Unlike the Android phones currently available in the US, Nexus One features an array of Google applications including the Internet calling service “Google Voice,” software applications (like Google Books) and a premium YouTube service. It also offers user access to more than 30,000 applications from the Android Market.
Nexus One features a 3.7-inch AMOLED display, a 5 megapixel camera and Qualcomm’s (QCOM) 1 gigahertz (GHz) Snapdragon processor which is faster than the 600 megahertz (MHz) processor carried by Apple’s (AAPL) iPhone 3GS. Leveraging the fast-growing mobile Internet market, the device enables users to access the web through voice commands.
However, despite being one of the most sophisticated smartphones available today, Nexus One has failed to impress in terms of sales volume. Industry data reveals that merely 135,000 units were sold after 74 days of its launch. To boost sales, Google is expanding Nexus One to multiple carriers, which will broaden customer reach.
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