Apple overtakes Nokia, becomes world's largest handset vendor by revenue

By on April 21, 2011 at 8:00 PM.

Apple overtakes Nokia, becomes world's largest handset vendor by revenue

Strategy Analytics has published a report stating that Apple, Inc. has overtaken Nokia as the world’s largest handset vendor. “We estimate Apple’s wholesale revenues for its iPhone handset division stood at $11.9 billion in the first quarter of 2011,” said Alex Spektor, a Senior Analyst at the analytics firm. “Apple overtook Nokia for the first time, which recorded a lower $9.4 billion of wholesale handset revenues.” The report is determining the largest vendor by revenue earned during the first three months of 2011 — as opposed to market capitalization, handsets in market, or employee numbers. “Nokia remains the world’s biggest handset maker in terms of shipments,” the brief continues. “Nokia said mobile device shipments rose 1% in the first quarter to 108.5 million, while Apple said it had sold 18.6 million iPhones over the same period.” The Boston-based firm writes that it “expects the number of phones sold with Android to overtake those with Apple’s system by late 2011″ — although this cumulative figure would not, in all likelihood, put a single Android handset manufacture ahead of the iDevice maker in terms of revenue. Strategic Analytics also hypothesizes that Nokia’s partnership with Microsoft could catapult it back to the top revenue spot in subsequent quarters. More →

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Apple to sell 5.5 million iPad 2 tablets in launch quarter, analyst claims

By on March 8, 2011 at 11:15 AM.

Apple to sell 5.5 million iPad 2 tablets in launch quarter, analyst claims

Piper Jaffray analyst and Apple aficionado Gene Munster has weighed in with his iPad 2 launch prognostications. Munster is predicting that the tablet, which will be available nationwide this Friday, will see sales of 5.5 million units in its opening quarter. By comparison, the iPhone 4 sold roughly 8.4 million units during its opening quarter and the original iPad sold around 3.27 million units. “Generally, the length of the lines at Apple retail stores on launch day have been a helpful early indication of demand,” quips the analyst. “However, factors like online pre-orders, simultaneous international launches, weather, timing in the day and the day of the week can all impact a consumer’s willingness to go stand in line, but may not necessarily be indicative of immediate purchase intentions.” For these reasons, Munster believes that lines at retail locations selling the iPad 2 will not be as long as those from previous Apple device launches. Friday is the day, who’s buying an iPad Deuce? More →

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The Street: 1 million Verizon iPhones sold on launch weekend

By on February 28, 2011 at 4:51 PM.

The Street: 1 million Verizon iPhones sold on launch weekend

According to Scott Moritz over at The Street, sales of the Verizon iPhone toppled the one million units sold mark during opening weekend. In a blog post today, Mr. Moritz details just how he arrived at this number. “Dan Mead, Verizon Wireless chief, told media outlets this weekend that 60% of the company’s iPhone sales were preorders,” quips Moritz. “Recent analyst estimates say Verizon’s iPhone preorders totaled 600,000, and if that was 60% of total sales, then 1 million iPhones were sold on the debut weekend.”

Feels sort of like the movie Inception, doesn’t it? A dream within a dream is very unstable. In this instance, speculation within speculation also seems pretty shaky (perhaps Mr. Moritz needs Yusuf to taylor compounds specific to his needs).

Verizon continues to emphasize the strength of its iPhone sales and that it will not discuss exact figures until its first-quarter earnings call in April. Thoughts? More →

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Sales of new Apple TV to pass 1 million ‘later this week’

By on December 21, 2010 at 8:59 AM.

Sales of new Apple TV to pass 1 million ‘later this week’

In a short press release this morning, iMaker Apple, Inc. announced that it anticipates sales of its new Apple TV device to eclipse 1 million in sales “later this week.” The announcement was made a little early by Apple’s PR team as later this week most consumers, writers, and analysts will be sitting by their respective fires roasting chestnuts… or something like that. The new Apple TV was released on September 1st of this year — it has taken the company just under three months to reach the 1 million units sold milestone. More →

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