Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  Nasdaq  >  Apple    AAPL

APPLE (AAPL)
Mes dernières consult.
Most popular
  Report  
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsofficial PublicationsSector newsTweets

Apple Inc. : EU Digital Commissioner : Need Effective 4G or Smartphone Companies May Ignore Europe

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/02/2012 | 01:25pm CEST

BRUSSELS--European nations and the region's telecommunications companies need to take steps to bring ultrafast Internet speeds to European consumers, the European Union's telecoms chief said Tuesday.

Speaking at a telecommunications conference, Neelie Kroes, the EU's commissioner for the digital agenda said countries must back plans to leverage EU funds to invest in next-generation broadband networks, and make radio spectrum available so that companies can roll a faster 4G mobile service out as well.

"Where countries don't make enough spectrum available, quite simply their citizens can't enjoy 4G connections on the latest gadgets," Ms Kroes said. "Without faster 4G roll-out, device makers won't take Europe into account when planning their latest smartphones.

There have recently been complaints from consumer groups that the latest gizmos, including the Apple Inc.'s (>> Apple Inc.) new iPad don't work at full speed on some countries' 4G networks.

Ms. Kroes urged countries to give their backing to a plan to use around 50 billion euros ($64.27 billion) directly from the EU budget, known as the Connecting Europe Facility (CEF), which could be leveraged by the European Investment Bank and invested in energy, transport and communications projects where heavy upfront spending is required.

This kind of financial instrument isn't a donation, it's a loan, Ms. Kroes said. "The EU budget gets its money back: with interest."

The final amounts for the funding plan need to be finalized as part of the EU budget this autumn and a special summit is scheduled in November to discuss the contentious topic.

"I want all the broadband funding via those financial instruments," Ms Kroes told an audience including chief executives from Europe's biggest telecommunications companies. "For maximum leverage, coverage, and taxpayer value."

Write to Frances Robinson at [email protected]

Stocks mentioned in the article : Apple Inc.
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on APPLE
05/19APPLE : Record number launch from 'the Rock'
AQ
05/19APPLE : Gay-friendly Apple weighs campus in state despite certain LGBT laws
AQ
05/19Revamped YouTube Music aims to better appeal to local audio tastes
RE
05/19APPLE : Gay-friendly Apple weighs North Carolina despite LGBT laws
AQ
05/18SAMSUNG ELECTRONICS : Apple v Samsung Poses Threat Beyond Just Tech
AQ
05/18APPLE : U.S. Patents Awarded to Inventors in Colorado (May 18)
AQ
05/18APPLE : U.S. Patents Awarded to Inventors in Florida (May 18)
AQ
05/18APPLE : Will Apple choose Catawba County again? Technology giant could take adva..
AQ
05/18Correction to Buybacks Article on May 10
DJ
05/18APPLE : ‘Everyone Can Code’ Program Available For Students with Visi..
AQ
More news
News from SeekingAlpha
05/19Spotlight On Gambling Reset And Banking Bill 
05/18The Last Time We Stood On The Brink 
05/18Market 'Risk Off' Update Courtesy Of Bloomberg's Bond Page 
05/18Apple makes first tax payment to Ireland 
05/18Immersion Beats, Guides Higher - The Apple Settlement Leads To A Long Tail On.. 
Financials ($)
Sales 2018 261 B
EBIT 2018 69 204 M
Net income 2018 57 730 M
Finance 2018 133 B
Yield 2018 1,45%
P/E ratio 2018 16,22
P/E ratio 2019 14,07
EV / Sales 2018 3,02x
EV / Sales 2019 3,01x
Capitalization 919 B
Chart APPLE
Duration : Period :
Apple Technical Analysis Chart | AAPL | US0378331005 | 4-Traders
Technical analysis trends APPLE
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 43
Average target price 194 $
Spread / Average Target 4,2%
EPS Revisions
Managers
NameTitle
Timothy Donald Cook Chief Executive Officer & Director
Arthur D. Levinson Chairman
Jeffrey E. Williams Chief Operating Officer
Luca Maestri Chief Financial Officer, SVP & VP-Human Resources
Kevin M. Lynch Vice President-Technology
Sector and Competitors
1st jan.Capitalization (M$)
APPLE11.20%919 082
HP INC8.09%36 603
NOKIA OYJ35.13%34 959
MEITU INC--.--%4 621
INTOPS CO LTD--.--%145
DORO AB-6.18%109