‘Extremely poor’ Symbian sales, mixed Lumia sales to leave Nokia with another rough quarter

By on April 10, 2012 at 11:45 AM.

‘Extremely poor’ Symbian sales, mixed Lumia sales to leave Nokia with another rough quarter

Nokia is in store for yet another rough quarter according to Canaccord Genuity analyst Mike Walkley. The struggling Finnish phone vendor posted a massive €954 million operating loss last quarter, and Walkley thinks the company’s first quarter of 2012 could disappoint again. “We are lowering our estimates ahead of Nokia’s Q1/12 earnings report as our checks indicate weak Symbian sales, seasonally soft feature phone sales, and a slow ramp in Windows smartphones,” the analyst wrote, reiterating a Hold rating on shares of Nokia stock and lowering his price target to $5. Read on for more. More →

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iPhone 4S remains best-selling U.S. smartphone in March, Samsung gains share

By on April 2, 2012 at 1:35 PM.

iPhone 4S remains best-selling U.S. smartphone in March, Samsung gains share

Apple’s wildly popular iPhone 4S retained its position atop the smartphone ranks in the United States last month according to new data analyst data. Checks performed by Canaccord Genuity analyst Mike Walkley and his team found that Apple’s latest iPhone was the best-selling smartphone at Verizon Wireless, AT&T and Sprint in March, continuing a trend that began when the device first launched last October. “Our March channel checks indicated stronger sell-through trends versus February levels with sales rebounding after a slow start to 2012,” Walkley wrote in his report. “During March, our checks indicated the iPhone 4S remained the top smartphone in the U.S. market and Samsung gained share as smartphone penetration grows in U.S. prepaid channels.” Samsung’s Galaxy S II smartphone was ranked No.2 at AT&T and Sprint once again, and the device was the best-selling smartphone at T-Mobile, which still doesn’t offer Apple’s popular phone. Motorola’s DROID RAZR and DROID RAZR MAXX took the No.2 spot at Verizon, and the HTC Amaze was No.2 at T-Mobile. A table outlining Canaccord’s numbers follows below. More →

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Android tablets can’t compete with the iPad 2, let alone the new iPad, analyst says

By on March 14, 2012 at 2:55 PM.

Android tablets can’t compete with the iPad 2, let alone the new iPad, analyst says

Since Apple’s iPad event last week, the tablet has seen a record number of pre-orders with shipping times for new orders now reaching two to three-week delays. Canaccord Securities analyst Mike Walkley anticipates Apple will continue to dominate both market and value share in the growing tablet market through 2013. The analyst wrote in a research note on Wednesday that due to the company’s leading hardware specs, competitive pricing and iOS developer and application ecosystems, Apple’s lead will not be challenge in the near future. In fact, according to Walkley, Android vendors have indicated to him that they can’t compete. Read on for more. More →

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RIM’s recent marketing blitz deemed a bust; BlackBerry 7 sales weakened in January

By on February 9, 2012 at 12:00 PM.

RIM’s recent marketing blitz deemed a bust; BlackBerry 7 sales weakened in January

When new CEO Thorsten Henis took the reins at Research In Motion, he immediately pointed to the smartphone vendor’s marketing strategy as an area the company needed to focus on if it hoped to regain share in key markets like the United States. The wheels on RIM’s recent marketing efforts had already been set in motion, however, and early reports suggest that the increased volume of familiar BlackBerry ads aren’t having the impact RIM was hoping for. Read on for more. More →

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Can smartphone vendors survive with Apple and Samsung dominating the industry?

By on February 9, 2012 at 10:00 AM.

Can smartphone vendors survive with Apple and Samsung dominating the industry?

Apple and Samsung are in the midst of a patent-fueled war with no end in site, but the pair has also inadvertently joined forces to make it increasingly difficult for other vendors to continue making smartphones. New estimates suggest Apple and Samsung combined to take in a staggering 95% of smartphone industry profits in the fourth quarter of 2011. The figures paint an even bleaker picture for the rest of the players in the smartphone business than earlier estimates; UBS analyst Maynard Um said last week that Apple and Samsung’s combined take amounted to 90% of smartphone industry profits. Read on for more. More →

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Apple iTV, iPhone 5 and new MacBook Air cast a ‘dark shadow over CES’

By on January 17, 2012 at 1:20 PM.

Apple iTV, iPhone 5 and new MacBook Air cast a ‘dark shadow over CES’

This year’s Consumer Electronics Show had record attendance and a number of terrific products unveiled during various CES press conferences should make waves when they hit the market later this year. A dark cloud loomed over the show, however, and the staggering number of ultra-slim notebook PCs and voice-controlled HDTVs on display in Las Vegas last week made it clear that companies are gearing up to do battle with one competitor in particular. Read on for more. More →

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iPhone 4S remains best-seller at top three carriers in December

By on January 6, 2012 at 12:00 PM.

iPhone 4S remains best-seller at top three carriers in December

Apple’s latest iPhone propelled what analysts are predicting will be Apple’s biggest-ever quarter, and the handset ended the year with strong holiday sales, maintaining its position as the best-selling smartphone at Verizon Wireless, AT&T and Sprint. Checks performed by Canaccord Genuity analyst Mike Walkley and his team indicate that smartphone sales in December were strong, with Apple’s iPhone 4S and Samsung’s Galaxy Nexus and Galaxy S II sell-through continuing to lead all other smartphones in the U.S. Read on for more. More →

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iPhone 4S best-selling phone at three top U.S. carriers in November, Samsung sales strong

By on December 6, 2011 at 11:01 AM.

iPhone 4S best-selling phone at three top U.S. carriers in November, Samsung sales strong

Apple’s iPhone 4S was the best-selling smartphone at Verizon Wireless, AT&T and Sprint in November according to a report released Monday night by Canaccord Genuity. According to checks performed by analyst Mike Walkley and his team, Apple’s iPhone 4S remained a top-seller across the board while Samsung’s Galaxy S II picked up momentum ahead of the holidays. Samsung’s flagship handset was the top-selling smartphone at T-Mobile and it jumped up into the No.2 spot at AT&T. Sprint’s Galaxy S II Epic 4G Touch was the second best-selling smartphone at Sprint as well in November, and Motorola’s DROID RAZR was No.2 at Verizon Wireless. Read on for more. More →

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BlackBerry 7 sales already seen slowing, iPhone 4S and Android are bad news for RIM

By on November 18, 2011 at 9:30 AM.

BlackBerry 7 sales already seen slowing, iPhone 4S and Android are bad news for RIM

Sales of Research In Motion’s new BlackBerry 7 smartphones have slowed in recent weeks as competition from Apple’s iPhone 4S and Android phones heats up. In a note to investors on Friday, Canaccord Genuity analyst Mike Walkley noted that RIM’s new smartphones are not faring well ahead of the holidays. “Our recent checks indicate slowing sell-through trends for the new BlackBerry 7 smartphones the past couple weeks,” the analyst wrote. “Further, with the launch of the iPhone 4S, increasingly price competitive Android smartphones, improving Windows smartphones, and the launch of the Amazon Kindle Fire tablet, we anticipate increasing competition across all tiers of RIM’s products in C2012.” Read on for more. More →

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With just 4% of mobile market, Apple owns 52% of profits

By on November 4, 2011 at 3:35 PM.

With just 4% of mobile market, Apple owns 52% of profits

Apple’s iPhone accounted for just 4.2% of the mobile handsets shipped in the third quarter of 2011, but the company still managed to rake in more than half of the industry’s profits. Among the eight top cell phone vendors in the world, Canaccord Genuity analyst Mike Walkley said Apple accounted for 52% of total operating income between them. The figure is down from 57% in the second quarter. Samsung accounted for 29% of profit among top vendors, up from 18% in the June quarter, and HTC accounted for 9% of total operating income. RIM’s value share slid to 7% from 11% in the prior quarter, and Nokia dipped three points to 4%. Read on for more. More →

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iPhone 4S now No.1 smartphone at top-3 U.S. carriers, iPhone 4 still hot

By on November 4, 2011 at 12:10 PM.

iPhone 4S now No.1 smartphone at top-3 U.S. carriers, iPhone 4 still hot

Apple looks to be following up its surprising miss in the September quarter with a huge holiday quarter for its popular iPhone line. According to Canaccord Genuity’s checks, Apple’s iPhone 4S was the best-selling smartphone in October for Verizon Wireless, AT&T and Sprint despite only being available for half of the month. Apple’s previous-generation smartphone, the iPhone 4, was also found to be among the three top-selling smartphones at each of the country’s top-3 carriers. Read on for more. More →

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Apple’s iPhone 4 still top-selling smartphone at AT&T, Verizon in September

By on October 11, 2011 at 10:00 AM.

Apple’s iPhone 4 still top-selling smartphone at AT&T, Verizon in September

Apple’s iPhone 4 was still the best-selling smartphone at both AT&T and Verizon Wireless in September while the Samsung Galaxy S II, Epic 4G Touch topped Sprint’s smartphone lineup and the HTC Sensation was No. 1 at T-Mobile. Canaccord Genuity analyst Mike Walkley on Monday revealed the results of checks the firm performed recently, and the resulting estimates paint an all too familiar picture of the smartphone landscape in the U.S. last month. Read on for more. More →

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Canaccord sees slow PlayBook sales as iPad 2 continues to dominate tablet market

By on September 7, 2011 at 12:00 PM.

Canaccord sees slow PlayBook sales as iPad 2 continues to dominate tablet market

Slower than expected sell-through of Research In Motion’s BlackBerry PlayBook tablet has prompted investment bank Canaccord Genuity to slash its sales estimates for RIM’s first tablet. BGR noted last week that Best Buy’s Labor Day sale likely indicated slow sell-through of at least one PlayBook model, and it looks like a recent round of checks jibes with our take. Canaccord analysts Michael Walkley and Matt Ramsay wrote in a research note that multiple retailers are seeing less than impressive sales of RIM’s slate. “Our August checks continue to indicate soft sales of RIM’s BlackBerry PlayBook with some retailers recently lowering prices on the device in attempt to move inventory,” the analysts said. As a result, Walkley slashed his full-year PlayBook sales projection substantially to 1.5 million units from earlier estimates of 2.2 million tablets. Read on for more. More →

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