The global wireless industry has been exploding — over 250 million subscribers in the U.S., over 500 million in China, there are more people on this planet that own a mobile phone than those that own a computer — bottom line, this is the place to be for the long haul.

The hate e-mail can stop!! This blog has been investing real money in the magic formula for over 2 years. 2007's results and results since inception are now posted!

Barron's cover story this week that looks at 10 potentially inexpensive stocks that may be worth investing in this down market.

A segment-by-segment breakdown and valuation of AAPL (including the iPhone) that shows the implied expectations of the current market price.

Excerpt: "Value investing team Dodge & Cox likes to buy companies that are temporarily undervalued by the stock market but have a favorable outlook for long-term growth. They value companies based on their underlying financial condition and prospects including future earnings, cash flow and dividends."

No, it’s not Christmas in July, for those of you like me who remember when retailers would do “Christmas in July” sales. The season I am referring to is the earnings season that kicked off two weeks ago with Alcoa’s earnings report.

After Motorola threw in the towel on making money in cell phones this year, is it a good buy? It was not 3 years ago. This analysis is still valid today. Motorola’s failure bodes well for Nokia. Disclosure I own Nokia stock.

Discussion around a shareholder proposed "Plan B" to unlock the value at Motorola. With Carl Icahn and Eddie Lampert as shareholders, maybe this plan will come to fruition.

This is a link to Carl Icahn's letter to Motorola shareholders requesting their vote for his inclusion on MOT's board of directors.

Here is excerpt: "CEO Ed Zander according to the Wall Street Journal shouted at an office meeting, "I love my job. I hate my customers" -- which reportedly became one of his favorite phrases. IT SOUNDS LIKE SOMETHING STRAIGHT OUT OF ALICE IN WONDERLAND"

Carl Icahn is pushing for seat on Motorola's board. He also comments that stock buyback need to take a back seat to fixing Motorola's operational difficulties.

Looks like Motorola isn't in favor of Carl Icahn's advances. Take a look.

Disclosure: I am long MOT 1/2009 Calls.

Motorola is still on the Magic Formula screen for Mid-Caps and larger. Here is a potential catalyst.

Barron's covers Jones Apparel Group, Agilent Technologies, Newmont Mining, Integrated Device Technology, book store buyouts, and more this week.