Bears maul Nokia’s new Windows Phone; Lumia 900 sales seen fizzling

By on April 5, 2012 at 10:10 AM.

Bears maul Nokia’s new Windows Phone; Lumia 900 sales seen fizzling

Reviews of Nokia’s new Lumia 900 smartphone have been mixed. We thought the sleek handset was a breath of fresh air for Microsoft’s Windows Phone platform when we reviewed the phone earlier this week, but a number of other sites found the software to be lacking. Now, bears at two investment firms have weighed initial reactions to the Lumia 900 and determined that this smartphone likely won’t be the savior Nokia needs to gain significant ground in the United States. Read on for more. More →

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Nokia to sell 2 million Lumia phones in Q4, Deutsche Bank says

By on November 25, 2011 at 5:01 PM.

Nokia to sell 2 million Lumia phones in Q4, Deutsche Bank says

Fourth-quarter sales of Nokia’s new Lumia line of smartphones will reach 2 million units, Deutsche Bank reaffirmed this week. Nokia’s stock took a hit this week as a number of analysts cast a shadow on its debut Windows Phone-powered smartphones. Pacific Crest’s James Faucette cut his sales estimates this quarter from 2 million units to just 500,000, and Bernstein Research analyst Pierre Ferragu said the phones were too expensive and lacked innovation. Analysts at Deutshe Bank disagreed, however, reiterating earlier sales estimates of 2 million Lumia phones this quarter. No doubt bolstered by an Xbox promotion, Nokia announced earlier this week that its flagship Lumia 800 has been difficult to keep on store shelves in the United Kingdom. Nokia has not yet announced its plans for Windows Phone devices in the U.S., though the vendor is widely expected to launch its Lumia 800 and several additional models in the U.S. in early 2012. More →

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iPhone 4S still flying off of store shelves, analyst says

By on November 7, 2011 at 7:00 PM.

iPhone 4S still flying off of store shelves, analyst says

The iPhone 4S made its official debut in the United States on October 14th and the device is still flying off of store shelves, Deutsche Bank analyst Chris Whitmore said Monday. “Demand continues to track very strongly,” Whitmore explained, citing checks with multiple Apple retail stores. “Apple is experiencing daily stock outs at ~85-90% of the ~30 retail stores we called,” he explained. “Apple employees are directing customers to make an online appointment (first come first serve) for next day pick up at nearby Apple retail stores as stocks appear to be refreshed daily at most locations.” We are not surprised by Whitmore’s findings. Canaccord Genuity recently found that the iPhone 4S was the top selling smartphone on AT&T, Verizon Wireless and Sprint during the month of October. Whitmore expects Apple to sell 28 million units during the quarter. More →

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Deutsche Bank: Unibody aluminum iPhone 5 and low-cost iPhone 4S due in coming weeks

By on September 26, 2011 at 1:15 PM.

Deutsche Bank: Unibody aluminum iPhone 5 and low-cost iPhone 4S due in coming weeks

Apple will unveil two new iPhone models next month, an all new iPhone 5 and a revamped iPhone 4 that will address the entry-level smartphone market. Deutsche Bank Securities analyst Chris Whitmore on Monday rehashed a research note he distributed this past June, which suggested Apple would unveil an iPhone 5 and an “iPhone 4S” in September. The iPhone 5 would be Apple’s brand new flagship smartphone, and the 4S would be a low-cost version of the current iPhone 4 model priced around $349 unlocked. The analyst’s new note mirrors those sentiments, though Whitmore now offers a few additional details. Read on for more. More →

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New CEO Whitman happy with HP’s current strategy despite investor unrest

By on September 23, 2011 at 3:45 PM.

New CEO Whitman happy with HP’s current strategy despite investor unrest

Meg Whitman may have assumed the role of CEO with HP on Thursday after Leo Apotheker was ousted, but that does not mean the company’s plans to kill of its webOS operating system, possibly spin off its PC business and purchase Autonomy are going to change. “It does not signal a change in the strategy,” Whitman explained to Bloomberg on Thursday. “We are behind the actions that were taken on Aug. 18. We are firmly committed to Autonomy.” Still, Whitman’s appointment has pumped a bit of new faith into the market. “Although there could still be curve balls around these planned initiatives, we believe the company is now in better hands to deliver the consistency that investors deserve,” Ticonderoga Securities analyst Brian White said in a note to investors on Friday. Other analysts aren’t so sure Whitman is the driving force HP needs. “The board isn’t going to change the strategy and is going to continue down this path, which frankly was the fear,” Deutsche Bank analyst Chris Whitmore told Bloomberg. More →

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Apple will release iPhone 5 and second prepaid iPhone model in September, analyst claims

By on June 27, 2011 at 10:01 AM.

Apple will release iPhone 5 and second prepaid iPhone model in September, analyst claims

Apple will release not one, but two new iPhone models this September, Deutsche Bank analyst Chris Whitmore wrote in a note to investors on Monday. The Cupertino-based tech giant has a new iPhone 5 model lined up to replace the current iPhone 4, but it also has the rumored “iPhone 4S” in the works — a supposed modest upgrade that will maintain the same physical design as the current iPhone model. The 4S model, Whitmore believes, will launch as a $349 prepaid phone with a data plan that works much like the iPad Wi-Fi + 3G; users will be able to choose from multiple data plans and purchase them on a monthly basis without being locked into a contract. “With Nokia and RIMM struggling, the time is right for Apple to aggressively penetrate the mid range smart-phone market (i.e. $300-500 category) to dramatically expand its [total addressable market] and market share,” Whitemore wrote. More →

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Apple takes #3 spot for portables?

By on August 2, 2010 at 9:52 AM.

Apple takes #3 spot for portables?

According to Deutsche Bank in a note sent out to clients, Apple’s combined iPad and MacBook / MacBook Pro market share puts them right ahead Asus, Toshiba, Dell, and Lenovo globally. Obviously you have to be willing to classify iPad tablet devices in the category as laptops and notebooks, but it isn’t exactly far-fetched. Especially when customers are buying iPads over a new netbook or in some cases laptops. The jump to the #3 spot (again, if you classify iPads as portables) pulls Apple up from the #7 slot globally, and it doesn’t look like Apple’s piece of the pie will be sliding any time soon. “Retail checks suggest this share shift continues in July.” The only two companies in front of Apple in this non-standard market share survey? Acer and Hewlett Packard. Let’s see what a Retina display-equipped, FaceTime-toting new iPad will do the market then, shall we? More →

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Deutsche Bank gives Sprint buy rating, cites success of EVO 4G

By on July 20, 2010 at 7:50 PM.

Deutsche Bank gives Sprint buy rating, cites success of EVO 4G

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Right before Q2 earning go live, Deutsche Bank has knighted Sprint with the coveted “buy” rating. DB noted that they “expect Sprint’s 2Q results to highlight continued improvements in its post paid ops,” which prompted Deutsche Bank to reduced their estimate for post-paid net losses from 500,000 to 400,000 for the quarter. The firms analysts credit strong sales of the HTC EVO 4G — the first 3G/4G hybrid smartphone — for Sprint’s lower churn rate (2.05%) and 42% year-over-year growth in post-paid customer additions (gross). Sprint is scheduled to announce earnings for Q2 2010 on Wednesday July 28th. More →

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