Tech Five: New iPhone rumors surface

Posted in iPhone News by admin. Published March 11th, 2015

Tech Five: New iPhone rumors surface

The tech world is still processing news on the Apple Watch, and we’re already starting to hear rumors on the next iPhone. Let’s take a look at the tech stocks to watch Wednesday:

Apple. The tech giant is expected to include “force of touch” technology on the next iPhone, according to The Wall Street Journal. The feature includes sensors that detects how much pressure users apply when touching the screen. Similar tech is coming to the Apple Watch and the trackpad of Apple’s next MacBook. The report also says the current iPhone and Plus models will remain, but may add a pink option along with gold, silver and space grey.

Google. Patrick Pichette, the company’s longtime chief financial officer, says he plans to retire to spend more time with his family. Google says Pichette will assist in the search for a new CFO.

Box. The cloud storage company will report fourth quarter and fiscal year results after the markets close Wednesday. Analysts polled by FactSet predict Box will report revenue of $58 million and a loss of $1.99 per share.

SanDisk. The tech company specializing in data storage made Goldman Sach’s “conviction buy” list, reports CNBC. Shares of SanDisk jumped more than 3% in pre-market trading.

AT&T. The wireless giant says it will take a $130 million charge in the quarter following the voluntary retirement of 3,000 employees by the end of the month, reports Reuters. AT&T also warned earnings will get dinged after the acquisition of Mexican wireless operator Iusacell.

[Thanks: http://www.usatoday.com]

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