New iPhone to feature 4-inch display, metal case, smaller dock connector, fall release

By on May 3, 2012 at 9:25 AM.

New iPhone to feature 4-inch display, metal case, smaller dock connector, fall release

New iPhone photos

Apple’s new iPhone, which is currently rumored to launch in September or October, is reportedly going to be the first iPhone to have a larger display. Multiple reports have suggested that the new iPhone will feature a 4-inch screen, and iLounge’s Jeremy Horowitz is throwing his weight behind it as well. Additionally, he’s reporting that the device will be taller and 20% thinner than the current iPhone 4S. The back of the device will have a metal panel according to the report, though it won’t cover the entire back of the phone. This seems a little strange, especially with iLounge’s rendering. What about the white version? Lastly, there will indeed be a new dock connector to make room for the thinner case, so no doubt third-party accessory manufacturers are going to be thrilled about that, but Apple’s move to introduce a thinner and smaller dock connector is likely a necessary step toward making the iPhone insanely thin. One barrier that Apple has not yet tackled is the 3.5 mm headset jack, which some day might disappear completely in favor of Bluetooth and AirPlay streaming. One more mockup of the new iPhone from iLounge is after the break. More →

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Apple and Samsung stole all Q1 mobile phone profits

By on April 30, 2012 at 9:03 AM.

Apple and Samsung stole all Q1 mobile phone profits

Apple and Samsung take all mobile profit

Apple and Samsung each reported record first-quarter results last week and according to research conducted by one analyst, the companies combined to account for all mobile industry profits last quarter. Apple last week reported $11.6 billion in profit on $39.2 billion in sales, both second fiscal quarter records for Apple, and Samsung managed a best-ever profit of $4.5 billion in the same quarter, $3.9 billion of which came from its IT & Mobile Communications business. Read on for more. More →

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Tim Cook: Apple isn’t worried about potential carrier subsidy squeeze

By on April 24, 2012 at 5:41 PM.

Tim Cook: Apple isn’t worried about potential carrier subsidy squeeze

Apple on Tuesday reported a huge quarter, crushing analysts’ estimates for the second fiscal quarter of 2012. During the earnings call that followed the company’s release, Apple executives were asked if they feared a potential squeeze on carrier subsidies, talk of which recently sent Apple’s stock tumbling. “Our focus is on making the very best smartphone in the world,” Apple CEO Tim Cook responded while brushing off the notion that carriers might be looking to squeeze iPhone subsidies. Carriers want to sell the products customers want according to Cook, and Apple’s iPhone is currently the best-selling smartphone in the world. The chief executive also stated that the iPhone is the best smartphone on the planet to entice feature phone users to upgrade to a smartphone, which is a primary goal for carriers as they promote high-margin data plans.

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Apple crushes estimates in Q2, reports profit of $11.6 billion on $39.2 billion in revenue

By on April 24, 2012 at 4:30 PM.

Apple crushes estimates in Q2, reports profit of $11.6 billion on $39.2 billion in revenue

After a rough month that saw Apple’s stock tumble nearly $90 from a high of $644 earlier this month to as low as $555.18 on Tuesday, Apple reported its earnings for the second fiscal quarter on Tuesday after the market closed. Following a last-minute round of panic that swept Wall Street, Apple posted a net profit of $11.6 billion, or$12.30 per share — up 94% year-over-year — on revenue of $39.2 billion, crushing the Street’s consensus. Analysts were expecting earnings of $10.06 per share on $36.81 billion in sales. Read on for more. More →

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Apple slides as Wall Street panics over potential iPhone sales miss

By on April 24, 2012 at 10:00 AM.

Apple slides as Wall Street panics over potential iPhone sales miss

Apple’s stock continued to slide on Tuesday morning as some analysts suggest AT&T’s earnings point to a possible rare miss for the Cupertino, California-based company. Wall Street expects Apple to report iPhone channel sales of 32 million units when it posts its earnings after the market closes on Tuesday, but several analysts have made last-minute adjustments to their estimates following AT&T’s earnings report on Tuesday morning. More →

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New software can easily unlock any iPhone

By on April 23, 2012 at 1:15 PM.

New software can easily unlock any iPhone

Apple’s fifth-generation iPhone 4S can now be SIM-unlocked in just a few easy steps, as can any previous version of Apple’s popular smartphone line. The new unlock procedure, mapped out this past weekend by mobile hacker “Loktar_Sun,” will allow iPhone owners to use a SIM card from any compatible carrier rather than just the carrier from which the phone was purchased. Users need only jailbreak their iPhones and follow a simple 13-step procedure to unlock their handsets, though caution should obviously be taken and the procedure will void the manufacturer’s warranty. This is a great option for international travelers and those who want to use an iPhone on T-Mobile’s U.S. network, however, and numerous users have successfully used the guide to unlock their iPhones. More →

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iPhone sales to continue declining until ‘iPhone 5′ launch, Canaccord says

By on April 19, 2012 at 10:00 AM.

iPhone sales to continue declining until ‘iPhone 5′ launch, Canaccord says

Sales of Apple’s popular iPhone line of smartphones will continue to decline until the next-generation model launches later this year according to one analyst. Mike Walkley of Canaccord Genuity on Thursday raised his price target on shares of Apple stock to $740, reiterating a Buy rating. Walkley believes that Apple will post strong results for the second fiscal quarter ended in March, however he lowered his EPS estimates for fiscal 2012 to $43.13 from $44.58. Read on for more. More →

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Apple downgraded as carriers prepare to stunt iPhone growth

By on April 9, 2012 at 10:30 AM.

Apple downgraded as carriers prepare to stunt iPhone growth

Following a huge week that saw Apple’s stock climb above $630 amid a fresh round of analyst upgrades, one analyst isn’t sold on the notion that smooth sailing is assured in the immediate future for the world’s most valuable company. BTIG Research analyst Walter Piecyk thinks Apple is set to report blowout earnings for the second fiscal quarter — he sees Apple earning $10.75 per share on sales of $40 billion in the quarter, versus Wall Street’s consensus of $9.81 and $36 billion — but he downgraded Apple’s stock to Neutral from Buy, noting that it’s time for investors to “take a breather.” Read on for more. More →

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AT&T to begin unlocking iPhones this Sunday

By on April 6, 2012 at 1:40 PM.

AT&T to begin unlocking iPhones this Sunday

AT&T plans to soon begin unlocking off-contract iPhones for customers with accounts in good standing who request that their devices be unlocked. Unlocking a handset allows the device to operate on any GSM network rather than just the network for which it was purchased, and AT&T does not currently provide customers customers with unlock codes for Apple’s iPhone. Engadget reported on Friday that the carrier was planning to amend its policy beginning this Sunday, and BGR was able to confirm the news with an AT&T spokesperson. “Beginning Sunday, April 8, we will offer qualifying customers the ability to unlock their AT&T iPhones,” the spokesperson said in an emailed statement. “The only requirements are that a customer’s account must be in good standing, their device cannot be associated with a current and active term commitment on an AT&T customer account, and they need to have fulfilled their contract term, upgraded under one of our upgrade policies or paid an early termination fee.” More →

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Is the iPhone fragmented? iOS adoption measured against Android

By on April 5, 2012 at 11:15 AM.

Is the iPhone fragmented? iOS adoption measured against Android

The iPhone’s unprecedented success stems from the combination of multiple factors, not the least of which are Apple’s industry-leading design prowess and its ability to make software that appeals to enthusiasts and mass-market users alike. The culture and hype surrounding Apple products doesn’t hurt either, of course. Where the overall experience is concerned, Apple wisely created a scenario that gives it control of both hardware and software, removing carriers from the equation to an extent and ensuring the end user enjoys the experience Apple envisions without any substantial impediments. Despite this ideal scenario, some industry watchers maintain that fragmentation is unavoidable to some degree, and this issue exists in the iOS ecosystem just as it does with Android. 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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Topeka: ‘Apple fever has more room to run’

By on April 2, 2012 at 12:30 PM.

Topeka: ‘Apple fever has more room to run’

The world’s most valuable company is showing no signs of slowing down, and numerous industry watchers believe Apple will continue to grow despite increased competition from rivals like Samsung. Topeka Capital Markets, new home to analyst Brian White, on Monday initiated coverage of Apple with a Buy rating and a sky-high $1,001 price target. “Driven by an ever expanding portfolio of innovative products, a growing integrated digital grid, unmatched aesthetics and a brand that is able to touch the soul of consumers of all backgrounds, Apple fever is spreading like a wildfire around the world and we see no end in sight to this trend,” White wrote in a note to investors on Monday. Read on for more. More →

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Apple hit with second class action suit over poor Siri performance

By on March 29, 2012 at 3:10 PM.

Apple hit with second class action suit over poor Siri performance

A class action lawsuit was filed in New York against Apple earlier this month, alleging that the company’s “misleading and deceptive” iPhone 4S ads depicted Siri as responsive and helpful. The complainant, Frank Fazio, argues that Siri is unresponsive and it often fails to understand what is being asked of it. Earlier this week, another class action suit was filed in Los Angeles that makes similar allegations, Los Angeles Times reports. “Through its nationwide multimedia marketing campaign, Apple disseminates false and deceptive representations regarding the functionality of the Siri feature,” the suit claims. “For example, in many of Apple’s television commercials, consumers are shown using Siri to make appointments, find restaurants, and even to learn the guitar chords to classic rock songs. In its advertisements, Apple depicts these tasks as easily accomplished ‘just by asking’ Siri.” It continues, “Apple’s deceptive commercials diverge greatly from the actual functionality and operation of the Siri feature as experienced by Plaintiff and fellow consumers.” The suit seeks relief and damages for the complainant and everyone else in the country who purchased an iPhone 4S. More →

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