New Article and Details on GSAT tech included in Apple iPhone 13

Marketbeat:

GSAT 13F institutional activity in the 3Q so far is $213m bought versus $71m sold. That dwarfs all recent Q totals with Q2 being $25m bought versus $17m sold.


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8/16/2021 Mudrick Capital Management L.P. 80,000,000 $142.40M 15.6% -17.7% 4.462%

8/13/2021 Vanguard Group Inc. 66,969,438 $119.21M 0.0% +33.0% 3.735%

8/11/2021 BlackRock Inc. 46,274,540 $82.37M 0.0% +200.3% 2.581%


8/16/2021 State Street Corp 14,175,111 $25.23M 0.0% +359.0% 0.791%

8/13/2021 Geode Capital Management LLC 10,399,090 $18.51M 0.0% +96.2% 0.580%


Apple: What to expect from the iPhone 13


Yahoo Article

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Apple (AAPL) is expected to launch its new iPhone, likely called the iPhone 13, later this month. Like football, the autumnal equinox, and pumpkin spice lattes, it’s all but a guarantee this fall.

So what can you expect from Apple’s next-generation flagship? Rumors abound that Apple CEO Tim Cook & Co. will equip the iPhone 13 with everything from satellite communication functionality to screens with improved refresh rates for better scrolling to slick new cameras.

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quote:

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Satellite communications

Let’s start off with the sci-fi-sounding feature that Apple is reportedly bringing to the iPhone 13. According to Apple analyst Ming-Chi Kuo, the next iPhone will come with a custom Qualcomm X60 chip that will allow the phone to connect to low Earth orbit satellites.

The technology could allow for a more global solution to 5G connectivity. But according to Apple soothsayer Mark Gurman at Bloomberg, the satellite feature will, at first, be used as a means for iPhone owners to get in touch with emergency services and contacts via text when there’s no viable cell signal available.

Gurman further states that the satellite capabilities could eventually be used to make phone calls, but the full feature set may not be available until next year.

Satellite company Globalstar (GSAT) soared as much as 40% following the news that Apple might add satellite communications to its iPhones, though it came back down afterwards.

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I'm not giving advice nor directing you to buy it. I own this and have for a while. I will take a much larger position tomorrow as I believe it to be a longer term hold now.