This Day On The Street
Continue to site
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

[video] Quick Take: iPhone Prints and 64 Bits

NEW YORK ( TheStreet) -- Apple (AAPL - Get Report) shares are falling Wednesday, a day after unveiling the iPhone 5C and 5S.

Ben Bajarin, director of consumer technology at Creative Strategies, told TheStreet's Debra Borchardt he is most excited about the new fingerprint technology and the new 64-bit architecture. The fingerprint scanning capabilities will address security issues and is a feature that can be used right from the get-go.

He added the the 64-bit system, which was previously a 32-bit, is a tremendous technological upgrade that will likely be used more in the future, as developers start to take advantage of it and more robust hardware surfaces.

Bajarin also said that it was interesting to see the iPhone 5C price higher than many had originally expected. However, Apple doesn't fight for the lowest prices in the market and carriers could still subsidize the product, particularly in China and Europe. He said it's worth noting that the iPhone 5C will be available in the U.S. starting at a subsidized price of $99.

The tech giant also made a slew of productivity apps available for free to the consumer, something that could hurt Microsoft (MSFT - Get Report).

He concluded that while businesses still very much rely on Microsoft Office, Apple could draw in new consumers to its iCloud service and ecosystem with the free access to iWork and iLife apps.

-- Written by Bret Kenwell in Petoskey, Mich.

Bret Kenwell currently writes, blogs and also contributes to Robert Weinstein's Weekly Options Newsletter. Focuses on short-to-intermediate-term trading opportunities that can be exposed via options. He prefers to use debit trades on momentum setups and credit trades on support/resistance setups. He also focuses on building long-term wealth by searching for consistent, quality dividend paying companies and long-term growth companies. He considers himself the surfer, not the wave, in relation to the market and himself. He has no allegiance to either the bull side or the bear side.

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!
AAPL $127.98 0.30%
MSFT $43.10 0.45%
FB $83.74 0.78%
GOOG $537.50 0.40%
TSLA $205.27 0.00%


DOW 18,034.93 +208.63 1.17%
S&P 500 2,100.40 +19.22 0.92%
NASDAQ 4,994.6020 +62.7870 1.27%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs