Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top
Daily Poll Special: Weekly Guess
Views 91K Contents 285

Daily Poll: Which one goes into orbit? satellite or the stock price?

Daily Poll: Which one goes into orbit? satellite or the stock price?
Satellite services provider $Globalstar(GSAT.US)$ stock was up 44% in early trading and jumped as high as 50% at one point on Monday.
Following rumors that $Apple(AAPL.US)$ ’s new iPhone will include satellite communications technology. That would allow owners of the device, expected to be called the iPhone 13, to be able to make calls and send texts, even when they’re in dead zones that have weak 4G or 5G cellular signals.
Whispers of the expected technology tie-in came from analyst Ming-Chi Kuo of TF International Securities. The ‌iPhone 13‌ will reportedly feature a Qualcomm chip that supports satellite communications, and Kuo said the device “will likely” connect to the satellite network.

Globalstar has a network of 24 satellites in low Earth orbit. Neither the company nor Apple has commented on the rumors.
What do you think about this? Is it too late to buy GSAT? 
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
1
17
+0
8
Translate
Report
50K Views
Comment
Sign in to post a comment
avatar
Moomoo Community Official Account
Bringing you insights, inspiration and the hottest content.
149KFollowers
1199Following
59KVisitors
Follow