Apple is now the largest buyer of semiconductors in the world

By on January 24, 2012 at 4:00 PM.

Apple is now the largest buyer of semiconductors in the world

Apple is now the largest buyer of semiconductors in the world, according to market research firm Gartner. The Cupertino-based company trailed both Samsung and HP in 2010, however Apple’s spending is estimated to have jumped 34.6% in 2011. The company spent $17.3 billion on semiconductors in 2011, or 5.7% of the total share of chip purchases. Coming in second was Samsung, which spent $16.7 billion or 5.5% of all chip purchases, and HP came in third with $16.6 billion. Leading electronics manufacturers spent a total of $105.6 billion on semiconductor purchases last year, representing a year-over-year increase of $1.8 billion. “The major growth drivers in 2011 were smartphones, media tablets and solid-state drives (SSDs),” said Masatsune Yamaji, principal research analyst at Gartner. “Those companies that gained share in the smartphone market, such as Apple, Samsung Electronics and HTC, increased their semiconductor demand, while those who lost market share in this segment, such as Nokia and LG Electronics, decreased their semiconductor demand. Media tablets were also a growth driver for the semiconductor market throughout 2011.” Gartner’s press release follows below. More →

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Tablet owners spend 50% more per purchase online than smartphone owners

By on January 20, 2012 at 7:20 AM.

Tablet owners spend 50% more per purchase online than smartphone owners

Tablet owners spend big bucks online according to a new report. In fact, the new study published by Adobe Digital Marketing Insights suggests that tablet owners spend 50% more per purchase than smartphone owners on retail purchases, and over 20% more than PC users. The study found that smartphone owners spent about $80 per purchase on average but tablet owners spent an average of $123. Laptop/PC users spent $102 per retail purchase on average in 2011. Tablet owners are three times more likely to make a purchase on a retail website than a smartphone user is, too. Adobe Digital Marketing Insights gathered its data from more than 150 U.S. retailers last year and more than 16.2 billion transactions made online. More →

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Holiday spending jumps 15% from last year to $35.3 billion

By on December 28, 2011 at 8:10 PM.

Holiday spending jumps 15% from last year to $35.3 billion

U.S. Consumers spent $35.3 billion during this year’s holiday season, up 15% from the same period last year. Shoppers also spent a total of $2.8 billion during the week ended December 25th, up 16% from the same week in 2010, comScore reported. “Holiday e-commerce spending has remained strong throughout the season, and we have now reached a record $35 billion in U.S. online sales for the season-to-date,” said comScore chairman Gian Fulgoni, noting that the record $1.25 billion spent on Cyber Monday represented the heaviest online spending day for the second straight year. ComScore also said that there were a total of nine days during the holiday season during which consumers spent more than $1 billion. The research firm noticed a spike in digital content and subscription sales on Christmas Day, no doubt as a result of consumers loading up their new tablets, computers and phones with applications. Digital content and subscription purchases typically counted for 2.8% of all e-commerce sales during the holiday season, but that figure jumped to more than 20% on Christmas Day. ComScore’s full press release follows after the break. More →

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Biggest week in online holiday shopping history pushes holiday spending over $32 billion

By on December 22, 2011 at 6:30 PM.

Biggest week in online holiday shopping history pushes holiday spending over $32 billion

The week ended December 18th was the heaviest week for online holiday shopping ever, with shoppers spending more than $6.3 billion, up 15% from the same period last year. Consumers have already spent about $31.9 billion this holiday season according to comScore, which published new figures on Tuesday. “With only a few more days until Christmas, the preponderance of Americans’ late season holiday shopping will shift to brick-and-mortar retail, although the procrastinators among us will still be able to take advantage of expedited shipping and buy online up to and including the day before Christmas Eve with the guarantee of having their gifts delivered in time for the holiday,” said comScore chairman Gian Fulgoni, noting that there were four days last week during which consumers spent more than $1 billion. “In total, we will see another $5 or $6 billion in e-commerce spending over the remainder of December to finish off what has clearly been an outstanding season for online retailers.” November 28th, Cyber Monday, will go down as the heaviest online spending day this holiday season, and in history, with more than $1.251 billion spent. ComScore’s full press release follows after the break. More →

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‘Free shipping day’ pulls in $1.07 billion as 2011 holiday spending tops $30 billion

By on December 19, 2011 at 11:35 PM.

‘Free shipping day’ pulls in $1.07 billion as 2011 holiday spending tops $30 billion

This past Friday will go down in the record books as another heavy spending day this holiday season. Consumers spent a total of $1.07 billion on December 16th, otherwise known as “Free Shipping Day,” which was more than consumers spent during the entirety of the Thanksgiving weekend ($1.03 billion) and 14% more than consumers spent on the same day in 2010. Shoppers spent the most money on Cyber Monday so far this holiday season ($1.25 billion) followed by Green Monday ($1.13 billion) and Free Shipping Day. More →

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$6 billion in ‘Cyber Week’ sales sets new record

By on December 6, 2011 at 12:00 AM.

$6 billion in ‘Cyber Week’ sales sets new record

Online spending during the week ending on December 2nd totalled nearly $6 billion according to comScore, setting a new single-week record. The market research firm on Sunday released its estimates for online spending so far during the holiday shopping season, and it is reporting significant year-on-year increases across the board. Total spending between November 1st and December 2nd is up 15% over 2010 to $18.7 billion and Cyber Week spending also grew 15% to approximately $6 billion. Online shopping on Thanksgiving day grew 18% to $479 million, Black Friday sales online were up 26% to $816 million and Cyber Monday sales grew 22% to $1.3 billion. “Cyber Monday kicked the week off with a bang as consumers opened their wallets to the tune of $1.25 billion, but it was only the beginning of a very strong week of online holiday spending,” comScore chairman Gian Fulgoni said in a statement. “Tuesday and Wednesday followed with billion dollar spending days, helping Cyber Week reach a record weekly total of nearly $6 billion in spending.” ComScore’s full press release follows below. More →

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Black Friday 2011 spending sets new record

By on November 28, 2011 at 8:30 PM.

Black Friday 2011 spending sets new record

Early reports from three separate firms suggest that Black Friday retail sales set a new record in 2011. Online sales growth was massive according to estimates from both IBM and comScore; the former reported on Saturday that online Black Friday sales grew 24.3% over 2010 and total Black Friday spending rose 39.3% over last year. Meanwhile, comScore’s data shows that online spending this past Friday grew 26% from Black Friday 2010 to $816 million. Offline, market research firm ShopperTrak said retail foot traffic rose 5.1% year-over-year on Black Friday 2011, and spending was up 6.6% to a record $11.4 billion. “This is the largest year-over-year gain in ShopperTrak’s National Retail Sales Estimate for Black Friday since the 8.3 percent increase we saw between 2007 and 2006,” ShopperTrak CEO Bill Martin said in a statement. “Still, it’s just one day. It remains to be seen whether consumers will sustain this behavior through the holiday shopping season.” Press releases from both IBM and comScore follow below. More →

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NPD: $1.85B spent on non-standard gaming content, including mobile games, in Q1

By on July 11, 2011 at 11:30 PM.

NPD: $1.85B spent on non-standard gaming content, including mobile games, in Q1

A staggering $1.85 billion was spent on video game content outside of physical video and PC game hardware and software in the U.S. during the first quarter. The number represents just over 31% of total spending on video games in the U.S., which came in at $5.9 billion in the first quarter of 2011. The impressive stat is noted by The NPD Group in its latest Games Industry: Total Consumer Spend report, which includes used game purchases, game rentals, subscriptions, digital full-game downloads, social network games, downloadable content and mobile games in this emerging category. The firm notes that physical retail channels still accounted for the the majority of industry sales in the first quarter, but the fact that these newer gaming channels such as social gaming and mobile gaming have grown to encompass nearly a third of the U.S. gaming industry so quickly speaks volumes to where gaming might be headed in the future. The NPD Group’s full press release follows below. More →

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Global spending on video games to exceed $74 billion in 2011

By on July 7, 2011 at 6:30 AM.

Global spending on video games to exceed $74 billion in 2011


A new report from market research firm Gartner on Tuesday suggests global spending on the gaming ecosystem will exceed $74 billion this year, up 10.4% from 2010. Gartner also expects annual spending on video games to reach $112 billion by 2015. As the video game industry undergoes a transition that places a sharper focus on casual gaming, Gartner now includes the following in its definition of the “gaming ecosystem:” dedicated video game consoles; software for dedicated consoles; handheld dedicated video game consoles and software; PC gaming software; mobile game software, which includes games for smartphones, feature phones and tablets; and online casual gaming. Video game software sales alone will reach $44.7 billion in 2011 according to Gartner, and it will continue to represent the lion’s share of video game spending moving forward. “This large market size means that many consumers embrace gaming as a core piece of their entertainment budget and will continue to play as long as game publishers deliver compelling and fun games,” said Gartner research director Fabrizio Biscotti in a statement. Gartner’s full press release follows below. More →

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RBC: Apple CEO’s departure won’t scare customers

By on February 23, 2011 at 9:00 AM.

RBC: Apple CEO’s departure won’t scare customers

Data from a survey released by RBC Capital Markets on Wednesday suggests that Apple customers’ buying intentions will not be impacted by Apple CEO Steve Jobs’ eventual departure from his role as chief executive. While pundits and analysts continue to panic over the possibility that the Apple chief may relinquish his role while on medical leave, RBC’s survey suggests customers aren’t quite as worried. 3,091 Apple customers responded to RBC’s survey between January 31st and February 9th, and 93% said they would continue buying Apple products once Jobs steps down. These results differ from data obtained from a similar survey conducted when Jobs took medical leave in 2008. At that time, 18% of respondents said they would be less likely to buy Apple’s wares. RBC suggests that the results indicate “Apple may be bigger than its CEO,” and that the company will continue to thrive in his absence. During Jobs’ last medical leave, Apple stock rose 144% and revenue rose 20%. RBC does note a potential long-term negative impact however, as Jobs is currently viewed as “Apple’s chief innovator, dealmaker, leader, motivator, and is deeply involved in minute decisions.”

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comScore predicts 11% increase in holiday spending, highest on record

By on November 24, 2010 at 10:42 AM.

comScore predicts 11% increase in holiday spending, highest on record

Analytics company comScore is forecasting that consumer spending this holiday season will rise more than 11%, making this year’s figure the highest on record. The company has already published the purchasing figures for the first three weeks of November, which total $9.01 billion and are 13% higher than last year. “We are seeing online spending surpass the totals we saw in 2007 prior to the recession, and expect sales this holiday season to be the highest on record,” said comScore’s chairman, Gian Fulgoni. comScore anticipates that consumers will spend roughly $32.4 billion this holiday season. More →

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