The new Apple toy is here…. the iPhone.

The day after Apple Inc. launched its new iPhone, Padmasree Warrior, Motorola Inc.’s chief technology officer, wrote on her blog on Motorola’s corporate Web site that she is a fan of Apple’s creativity and that she liked the cellphone’s new look.

Then Ms. Warrior, whose company is the largest U.S. cellphone maker, began to find fault with the iPhone, saying it lacks “revolutionary or disruptive” technologies. “As worshippers come out of the heady, enthralling, grandstand production called Macworld, the hype settles and reality sets in,” she wrote.

“Apple has begun its transformation from a computer company to a technology company that continues to broaden its market from computers, to music, to video, and now to mobile phones,” wrote Bear Stearns analyst Andrew Neff in a note to clients.

Neff boosted his calendar 2007 price target for Apple shares to $125 from $100. On Wednesday, shares of Apple gained nearly 4 percent to $96.07, after tacking on more than 8 percent on Tuesday, when Jobs debuted the iPhone.

It looks like the world is going mobile…let’s see what happen soon.

(1 votes, average: 4 out of 5)

 Loading ...