This Day On The Street
Continue to site
ADVERTISEMENT
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

Tech Rumor of the Day: Apple Videophone

Updated from 12:11 p.m. EDT

Skype's imminent availability at Apple's (AAPL - Get Report) App store has set off speculation that long-awaited video conferencing capabilities are just ahead for iPhone users.

To date, the iPhone has lagged the pack in the camera race. The current iPhone features a meager 2-megapixel camera and no video capture. Research In Motion's (RIMM) BlackBerry Curve and Storm have 3.2-megapixel cameras, as does Deutsche Telekom's (DT) T-Mobile Google (GOOG) Android G1 phone.

Speculation about some of the key features on the new iPhone has included a first-ever video camera, and the possibility of two cameras, one on the front and one on the back. Now, with Skype ready to start offering its iPhone software Tuesday, there's anticipation that a front camera would let users do a Skype-powered video chat on the iPhone.

It's a juicy rumor, fueled in large part by the rising expectations ahead of the CTIA wireless industry show starting Wednesday.

But brace for a letdown.

Video and wireless continue to be among the hottest convergence points in technology. This intersection, however, has often been the scene of a few major duds and disappointments -- e.g. Verizon's (VZ) VCast video clip service, mobile TV, etc.

Skype, the Internet calling unit of eBay (EBAY - Get Report), along with Time Warner's (TWX) AOL and Google's Chat service, has taken broadband connections and allowed millions of users with Web cams make video calls to other service users for free.

Not only is the price right, the novelty of seeing the person you're calling has helped Luxembourg-based Skype take its popular phone service into the booming video segment.

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
Only $9.95
14-Days Free
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!
SYM TRADE IT LAST %CHG
AAPL $130.28 0.00%
EBAY $59.20 0.00%
GOOG $565.06 0.00%
MSFT $47.87 0.00%
FB $81.53 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs