This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Battery Boosts iPhone Life

Apple (AAPL - Get Report) covered one possible Achilles heel of its iPhone.

The company announced Monday that its engineers have extended the iPhone's ability to sustain active use of its key applications, including making calls, surfing the Web and playing music and videos.

Apple initially said most of these functions would endure five hours of active use. Music playing time was estimated at 16 hours. According to today's announcement, the iPhone will have eight hours of active talk time, six hours of Internet use, seven hours of video playback and 24 hours of audio playback.

Shares of Apple gained $3.73, or 3.1%, to $124.23 midday Monday.

Improving the iPhone's battery life addresses a key weakness that competitors and critics have leveled in the run-up to the device's launch. Apple has touted the pricey iPhone as a multifunctional device that lets users enjoy the best of its iTunes portable music service, view videos on a larger screen and stay connected to the Internet and email when on the go.

A short battery life would undermine these claims and diminish buyers' willingness to pay $499 for the base model or $599 for more memory to store music and video files. This is much more expensive than most multimedia phones available in the U.S. today.

"From our sources in supply chain, there's been considerable concern with battery life for some time," says Shaw Wu, an equity analyst with American Technology Research. "This definitely appeases the fear that battery life would be a hindrance" to performance, customer satisfaction and, ultimately, sales.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
AAPL $123.49 -0.60%
FB $83.35 0.41%
GOOG $550.70 -0.81%
TSLA $184.16 -3.30%
YHOO $45.23 1.70%


DOW 17,681.17 +2.94 0.02%
S&P 500 2,058.91 +2.76 0.13%
NASDAQ 4,880.2980 +16.9360 0.35%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs