According to the latest data from Kantar Worldpanel ComTech, Apple’s (AAPL) smartphone market share in the United States recently reached an all time high. In the past 12 weeks, the company is said to have captured a 53.3% share of the United States smartphone market. Apple’s increased market share comes in the wake of the iPhone 5 launch, although things aren’t quite as good for the company overseas. Google’s (GOOG) Android operating system is seeing unprecedented success in Europe and recently garnered a 61% share of the market, an increase from 51.8% a year ago. More →
Apple’s (AAPL) recent iOS 6.0.2 release had one major purpose: to fix Wi-Fi connection issues. But according to TidBITs and many other iPhone 5 and iPad mini users on Apple’s discussion forums, the update is draining battery life quicker than usual. According to TidBIT’s Michael Cohen and Adam C. Engst, the issue may be related to the updated devices now working harder to scan for Wi-Fi access points. It’s unclear how widespread the battery drain issue is. BGR didn’t notice any unusual battery drainage on one of our iPhone 5s running iOS 6.0.2. This also isn’t the first time Apple’s iOS devices have suffered from battery issues after a software update, and likely won’t be the last.
Apple’s (AAPL) most recent smartphone launch was its biggest ever by a wide margin. The company sold more than 5 million iPhone 5 handsets during its first three days of availability, and iPhone sales across all models in the iPhone 5′s debut quarter totalled 27 million units. Apple’s latest iPhone isn’t just a big deal to Apple fans, however — according to Mobile Future, a coalition of wireless companies and non-profit organizations, the iPhone 5 had a staggering impact on the U.S. economy in 2012. More →
Reports of Apple’s (AAPL) death are greatly exaggerated. So says Topeka Capital Markets analyst Brian White, who wants investors to “rise above the iPhone 5 cuts and just buy Apple” stock. White acknowledged in a note to clients on Tuesday that there have been cuts made recently in Apple’s supply chain, but he says the Street has the reasoning all wrong. iPhone 5 demand isn’t cooling, the analyst contends — instead, some Apple partners are having trouble building enough components and Apple has been forced to cut orders from other suppliers as a result. Put plainly, White says, “we believe the doomsday scenarios painted over the past week are inaccurate.” More →
Shares of Apple (AAPL) stock were down 25% in November after hitting an all-time high of $705.07 in late September. Sentiment appeared to be improving in late November, but then the stock’s course turned south once again and hit a 10-month low this past Friday. Monday saw Apple shares dip into the $400-range for the first time since February during the pre-market session, and there’s no end in sight for the consumer electronics giant’s current slide. What brought on this most recent wave of soured views? From the look of things, two big cuts from Citi and Canaccord have sent investors headed for the hills. More →
Apple (AAPL) investors received more cause for alarm late Thursday evening as new research suggested consumer interest in Apple’s popular iPhone lineup may have peaked. Shares of Apple were down more than 25% last month from a September high of $705.07 as investors began to panic about Apple’s future. The stock has bounced back slightly since late November, however a new report questioning Apple’s biggest money-earner could sour investor sentiment yet again. More →
Chinese consumers must not need self-esteem boosts, because they don’t seem interested in lining up overnight outside Apple (AAPL) stores for the launch of the iPhone 5. The Wall Street Journal reports that the iPhone 5′s launch in China has received a surprisingly muted response so far, as only two Apple fans had lined up outside Beijing’s flagship Apple store on Friday morning to buy the device. The Journal called the iPhone 5 launch “arguably the least eventful launch of an Apple device in the company’s four-year history in the Chinese capital” and speculated that frigid, snowy weather might have been partly to blame. Demand for Apple products in emerging markets has also subsided over the past year as consumers in China and Brazil have scooped up cheaper Android smartphones instead.
If you know a family member who wants a smartphone this Christmas but you don’t know what specific brand, your safest bet is to buy them an iPhone 5. AppleInsider points us to a new Piper Jaffray survey of 800 people in the United States that finds that the iPhone 5 is the top choice for holiday shoppers who want to buy a smartphone. Overall, the survey found that 53.3% of prospective smartphone buyers planned to get an iPhone, while 35.3% of buyers wanted an Android device, 6.5% wanted a Windows Phone device and 4.9% wanted a BlackBerry device. The good news for Apple (AAPL) in the survey is that interest in the iPhone 5 hasn’t tailed off much since its launch, as the current percentage of people wanting an iPhone 5 is down only slightly from the 54.9% of people who said they wanted the device in October.
Apple (AAPL) is finally catching up to the overwhelming demand for its latest iPhone 5 according to analyst Shaw Wu from Sterne Agee. Wu says production of the iPhone 5 has increased from delays of two to four days to same day, meaning Apple can ship them to customers sooner. He has increased his forecast that Apple will sell 47.5 million iPhone 5s this quarter instead of the 46.5 million he had previously projected. More interesting, though, is his warning that the iPad mini is cannibalizing sales for the fourth-generation iPad. Wu’s lowered his expected sales forecast for the 9.7-inch tablet from 25 million this quarter to 23.5 million. Wu believes larger iPad sales will see a decline as consumers trend towards tablets with smaller form factors and 7-inch displays. Apple CEO Tim Cook has said before that he’s not worried about product cannibalization as long as it’s within the company and not by a competitor.
The holiday shopping rush has already peaked this year, and so now retailers are tasked with attracting the interest of last-minute shoppers. Best Buy (BBY) has a number of deals available right now, but one in particular stands out: The retailer is chopping $50 off the price of all on-contact Apple (AAPL) iPhone 5 and iPhone 4S models. With this limited-time sale, buyers can get the iPhone 5 (16GB) for as little as $149.99 with a new two-year service agreement, and the iPhone 4S (16GB) starts at just $49.99. Best Buy has not indicated when the sale on Apple smartphones will end.
As Verizon (VZ) and AT&T (T) continue their slow dance of stealth price raises like new activation charges and mandatory unlimited texting, the rest of the world is being gripped by extreme price-cut fever. From South Africa to Israel to New Zealand, mobile markets are being reshaped by radical new pricing initiatives. Nowhere is this more obvious than in Spain, one of Europe’s biggest — and once the most dynamic — markets. More →
Soon after China Unicom announced it has 100,000 pre-orders for the iPhone 5, Helsinki was rocked by news that China Mobile has signed a deal to sell a TD-SCDMA version of the Lumia 920. China Mobile, of course, has more than 700 million mobile subscribers. The timing of the deal is important, because it now seems that Nokia (NOK) will get its flagship to China Mobile ahead of Apple (AAPL). Both companies have been courting China Mobile intensely for the past year. It is quite likely that the subsidy demands of Apple ended up annoying CM, which may now be using Nokia in order to goad Apple to make concessions. More →
China might be totally in love with Android, but that doesn’t mean its people aren’t going crazy for Apple’s (AAPL) iPhone 5 that will soon be available there. China Unicom, the country’s second-largest wireless carrier told Sina Tech it’s received over 100,000 preorders in its first day of availability, with the actual product launch happening on December 14th. The iPhone 5 originally launched on September 21 in the U.S. in select countries and managed to top 2 million preorders in its first 24 hours. As AppleInsider notes, Apple currently holds a 15% market share in China and the iPhone 5, along with the iPad mini, will be instrumental in the company’s expansion into the country with the world’s largest mobile market.