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Stock spotlight Chicago Sun-Times Apple Computer stock was downgraded by Citigroup Inc., which said the maker of iPod music players might not release a video version with a larger screen in time for the holiday shopping season. Apple's rating was cut to ''hold'' from ''buy'' by analyst Richard Gardner. MOVERS Asbury Park Press APPLE COMPUTER INC. (AAPL) fell $2.11, to $74.86. The maker of Mac personal-computers and iPod music players was downgraded to "hold" from "buy" by Citigroup Inc. analyst Richard Gardner, who wrote that some investors may be disappointed if the company doesn't release a new video iPod with a larger viewing screen and a "virtual click wheel" before the holiday season. Gardner said the shares Citigroup downgrades Apple on iPod worries Seattle Post-Intelligencer Apple Computer Inc. stock was downgraded by Citigroup Inc., which said the maker of iPod music players might not release a video version with a larger screen in time for the holiday shopping season. The shares fell as much as 3.5 percent. Movers: Apple shares tumble on Citigroup downgrade International Herald Tribune Apple Computer's stock was downgraded Monday by Citigroup, which said that the maker of iPod players might not release a video version with a larger screen in time for the holiday season, and the shares fell. MySpace Takes On YouTube Forbes News Corp.'s Web giant rethinks its approach to Internet video. Attack On Pegasus Forbes California wireless maker is the subject of a series of attacks on its shares by traders who've beaten the price down 95%. Qualcomm Bid to Bar Broadcom Refused AP via Yahoo! Finance A federal judge refused to bar semiconductor chip maker Broadcom Inc. from selling its newest cell phone processor despite legal claims by rival Qualcomm Inc. that the technology was stolen. Judge Won't Bar Broadcom From Selling Phone Chips CBS 2 Los Angeles A federal judge refused to bar computer chip maker Broadcom from selling its newest cell phone processor, even though rival Qualcomm claims the technology was stolen Judge Won't Bar Broadcom From Selling Cell Chips KGO-TV Bay Area A federal judge refused to bar computer chip maker Broadcom Inc. from selling its newest cell phone processor. Ericsson Japan to focus on services, applications COMMUNICATION ZDNet India The Japanese unit of Ericsson, the world's top maker of wireless network equipment, said it plans to focus on services and other applications businesses to offset slowing demand for hardware.
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