Wednesday, May 18, 2011

Why Smart Investors Should Buy Apple and Google, Sell Research In Motion and Nokia

Investment Underground submits:

By Jack Fuller, Guest Editor

We touched on telecom mergers a few weeks back, and the article prompted a question ? who is king of the smart phone market?

Here are a few stats: Nokia (NOK) maintains the largest user base of mobile phones in the world, Research In Motion (RIMM) is first choice among corporate users, and Apple (AAPL) and Google (GOOG) have the two hottest devices on the market. So who is number one? Here is our analysis from an investment perspective:

Apple Inc.: Apple disclosed stellar second quarter results, with 83% increased revenue driven by increases of 126% in iPhone revenue growth, 32% in Mac revenue growth, $2.8 billion in iPad sales, 23% in iTunes revenue, 17% in software sales, and 23% from peripherals revenue.

From the 10K, the only area that did not see growth was iPod revenue, which fell 14%. Net income for Apple?s second


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