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Globalstar FCC Filing Doesn't Relate To Any Potential Apple Partnership, Says Analyst
Globalstar FCC Filing Doesn't Relate To Any Potential Apple Partnership, Says Analyst
A recent regulatory filing by satellite communications provider Globalstar Inc. (NYSE:GSAT) has “nothing to do” with tech giant Apple Inc. (NASDAQ:AAPL), according to Mark Gurman, a leading Apple watcher.
What Happened: Globalstar’s filing with the Federal Communications Commission (FCC) last week is actually related to a project the Louisiana-based company is working on with NASA and does not mention Apple’s name at all, Gurman noted in the latest edition of his “Power On” newsletter for Bloomberg.
The Apple watcher also said he was told by satellite industry analyst Tim Farrar that Globalstar’s FCC filing is related to supporting data communications for NASA’s PTD-2 satellite and “does not relate to smartphones on the ground.”
Gurman said he believes Globalstar could be an Apple partner but the company's FCC filing does not prove that.
See Also: How To Buy Apple (AAPL) Stock
Why It Matters: Globalstar’s shares had surged 30% last Wednesday after traders circulated the FCC permit that suggested the company has secured Apple as a customer.
The company’s shares also gained more than 64% on Aug. 30 after popular Apple analyst Ming Chi-Kuo said in a note that Cupertino could partner with Globalstar on bringing satellite communication connectivity in the upcoming iPhone 13 models.
However, the stock fell the next day after it was reported that Apple will add satellite capabilities to future iPhones only for usage in emergencies, according to Bloomberg.
Meanwhile, Apple’s much-awaited hardware event this year, dubbed “California Streaming,” will be held on Sept. 14.
Price Action: Globalstar shares closed almost 0.8% higher in Friday’s trading at $2.60, while Apple shares closed 3.3% lower at $148.97.
Read Next: Smart Glasses Show How Apple Is Different From Companies Like Facebook, Snapchat: Gurman
A recent regulatory filing by satellite communications provider Globalstar Inc. (NYSE:GSAT) has “nothing to do” with tech giant Apple Inc. (NASDAQ:AAPL), according to Mark Gurman, a leading Apple watcher.
What Happened: Globalstar’s filing with the Federal Communications Commission (FCC) last week is actually related to a project the Louisiana-based company is working on with NASA and does not mention Apple’s name at all, Gurman noted in the latest edition of his “Power On” newsletter for Bloomberg.
怎么了:Globalstar上周向联邦通信委员会(FCC)提交的文件实际上与这家总部位于路易斯安那州的公司正在合作的一个项目有关美国宇航局古尔曼在为彭博社(Bloomberg)撰写的最新一期“开机”(Power On)时事通讯中指出,苹果根本没有提到苹果的名字。
The Apple watcher also said he was told by satellite industry analyst Tim Farrar that Globalstar’s FCC filing is related to supporting data communications for NASA’s PTD-2 satellite and “does not relate to smartphones on the ground.”
这位苹果观察家还说,卫星行业分析师告诉他蒂姆·法勒(Tim Farrar)Globalstar向FCC提交的文件与美国宇航局PTD-2卫星的数据通信支持有关,“与地面智能手机无关”。
Gurman said he believes Globalstar could be an Apple partner but the company's FCC filing does not prove that.
古尔曼说,他相信Globalstar可以成为苹果的合作伙伴,但该公司提交给FCC的文件并不能证明这一点。
See Also: How To Buy Apple (AAPL) Stock
Why It Matters: Globalstar’s shares had surged 30% last Wednesday after traders circulated the FCC permit that suggested the company has secured Apple as a customer.
为什么这很重要:上周三,在交易员传阅了FCC许可证后,Globalstar的股价飙升了30%,这表明该公司已经获得了苹果的客户资格。
The company’s shares also gained more than 64% on Aug. 30 after popular Apple analyst Ming Chi-Kuo said in a note that Cupertino could partner with Globalstar on bringing satellite communication connectivity in the upcoming iPhone 13 models.
在广受欢迎的苹果分析师之后,该公司的股价在8月30日也上涨了64%以上明志国在一份报告中表示,库比蒂诺可能会与Globalstar合作,将卫星通信连通性在即将到来的IPhone 13模特们。
However, the stock fell the next day after it was reported that Apple will add satellite capabilities to future iPhones only for usage in emergencies, according to Bloomberg.
然而,在有报道称苹果将为未来的iPhone增加卫星功能后,该股第二天下跌仅在紧急情况下使用,据彭博社(Bloomberg)报道。
Meanwhile, Apple’s much-awaited hardware event this year, dubbed “California Streaming,” will be held on Sept. 14.
与此同时,期待已久的苹果硬件事件今年,被戏称为“加州流媒体,将于9月1日举行。14.
Price Action: Globalstar shares closed almost 0.8% higher in Friday’s trading at $2.60, while Apple shares closed 3.3% lower at $148.97.
价格行动:Globalstar股价周五收盘上涨近0.8%,至2.6美元,而苹果股价收盘下跌3.3%,至148.97美元。
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moomoo是Moomoo Technologies Inc.公司提供的金融信息和交易应用程序。
在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
在加拿大,通过moomoo应用提供的仅限订单执行的券商服务由Moomoo Financial Canada Inc.提供,并受加拿大投资监管机构(CIRO)监管。
在马来西亚,moomoo上的投资产品和服务是通过Moomoo Securities Malaysia Sdn. Bhd. 提供,该公司受马来西亚证券监督委员会(SC)监管(牌照号码︰eCMSL/A0397/2024) ,持有资本市场服务牌照 (CMSL) 。本内容未经马来西亚证券监督委员会的审查。
Moomoo Technologies Inc., Moomoo Financial Inc., Moomoo Financial Singapore Pte. Ltd., Futu Securities (Australia) Ltd, Moomoo Financial Canada Inc.,和Moomoo Securities Malaysia Sdn. Bhd.是关联公司。
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