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 …
With Samsung’s high-end TV sales doing well, the company is now looking to launch cheaper television sets according to Reuters. Demand for lower-end TVs has been on the rise in recent months, with major South Korean retailers teaming up with local manufacturers to provide flat-screen models that are as much as 40% cheaper than Samsung …
Demand for Amazon’s Kindle Fire tablet has started to cool off according to one study. ChangeWave published results of a survey on Thursday, which found that just 2% of customers in January were “very likely” to buy a Kindle Fire, down from 4% in December. Respondents who were “somewhat likely” to buy the tablet fell …
Global smartphone vendors including Samsung, HTC, Nokia and LG are expected to launch new smartphone models in the second quarter to avoid competing directly with the iPhone 4S, according to Digitimes. “Mainly due to hot sales of the iPhone 4S, Apple recorded the largest global smartphone market share of 23.9% in the fourth quarter of 2011, followed …
Following what Amazon reported to have been a huge holiday season for the company’s debut tablet, demand for the Kindle Fire has slowed according to new claims. Citing unnamed sources from within Amazon’s component supply chain, DigiTimes on Friday stated that Amazon’s tablet orders with original device manufacturers have been cut in half from roughly …
Pent up demand for Apple’s latest smartphone caused the company to halt sales of its just-released iPhone 4S in Beijing, China on Friday, fearing for the safety of its sales staff. According to Chinese tech blog M.I.C. Gadget, Beijing residents eager to get their hands on Apple’s iPhone 4S began to line up more than …
Demand for Apple’s latest smartphone is still outpacing supply, causing customers to wait three weeks or more to purchase the new phone. Apple launched the iPhone 4S more than a month ago, and the handset shattered opening-weekend sales records. BGR reported more than two weeks ago that strong demand for the handset was resulting in …
Demand for Apple’s iPad tablet is said to be in decline as competition finally heats up thanks to the $199 Kindle Fire from Amazon, and investors could be in for a disappointing fourth quarter as a result. In a recent research note, Goldman Sachs analyst Bill Shope suggested Apple’s firm grip on the global tablet …
Amazon has reportedly increased Kindle Fire orders with its manufacturing partners following stronger than expected demand for its premier tablet. DigiTimes reports that more than 5 million units are now on order in 2011 as pre-orders for the $199 tablet remain strong; the online retailer took nearly 100,000 pre-orders on the first day of pre-sales availability alone. Amazon …
Apple sold more than 4 million iPhone 4S handsets in the smartphone’s first weekend of availability but according to a new report, Apple thinks demand for its latest phone will stall in the fourth quarter. DigiTimes on Wednesday reported that Apple has cut fourth-quarter iPhone 4S parts orders with its suppliers. The report’s anonymous sources claim …
