Apple’s suppliers have shipped between 2.4 million and 2.6 million iPad 2 tablets to date, a new report claims. Citing sources at touch panel suppliers in Taiwan, industry watcher DigiTimes states that shipments of Apple’s iPad 2 have outpaced the original iPad. Apple is reportedly expected to take delivery of between 4 million and 4.3 …
Another analyst has cut revenue estimates for Motorola Mobility, again citing poor sales of the company’s key products as the driving force behind the downward revision. Pacific Crest analyst James Faucette on Tuesday revised his full-year 2011 revenue estimates downward from $13.7 billion to $12.25 billion. Further emphasizing his position on Motorola, he revised his …
RBC Capital Markets analyst Mark Sue on Friday cut his price target for Motorola Mobility stock to $33 from his previous target of $38. Sue also lowered his first and second-quarter sales and revenue forecasts, citing increased competition and slow sales of Motorola’s XOOM tablet. Motorola anticipated a rough first quarter when it reported fourth-quarter …
Shares of Acer stock were down nearly 7% on the Taiwan Stock Exchange Tuesday on news that the PC manufacturer had unexpectedly and significantly lowered it’s first-quarter sales estimates. The PC maker had previously estimated its first-quarter PC sales would grow 3% from the previous quarter. Now, Acer has adjusted its forecast, saying it expects …
In a note to investors on Friday, RBC Capital Markets Managing Director Mike Abramsky attempts to put Research In Motion’s fourth-quarter earnings and first-quarter guidance in perspective. RIM reported its fourth-quarter and full-year earnings after the bell on Thursday and shares of RIM stock subsequently plummeted by as much as 12% in after hours trading. …
Citing industry sources, Taiwan Economic News reports that HTC has high hopes for its debut tablet, the HTC Flyer. Announced at Mobile World Congress last month, the HTC Flyer is an Android 2.4-powered slate with a 7-inch touchscreen display, a 1.5GHz processor, 32GB of storage, 1GB of RAM, a 5-megapixel camera rear camera and a …
In a note to investors on Friday morning, an analyst from investment firm Morgan Keegan & Company claimed in-store sales of Motorola’s XOOM tablet are crawling. Morgan Keegan analysts reportedly spoke with roughly 80 Verizon Wireless retail locations, and the tablet is selling at a rate of two units per day on average in each …
According to an independent survey conducted by market research firm ChangeWave, Apple’s iPad still has no real competition in the eyes of consumers. ChangeWave released the results of its survey on Thursday, revealing that 82% of respondents planned to purchase the iPad instead of a competitive offering such as the Motorola XOOM, BlackBerry PlayBook or Samsung Galaxy Tab. The firm …
Android 3.0 — or “Honeycomb,” as Google lovingly calls it — is not fit for mass consumption. This according to analyst Trip Chowdhry of Global Equities Research, who calls Google’s tablet-friendly operating system “by the geeks, for the geeks, and of the geeks,” and says it has little chance of mass adoption. In a note to …
Industry watcher DigiTimes on Friday reports that Apple is still on track to have roughly 40 million iPad tablets built and shipped in 2011. The site stated yesterday that Apple plans to ship up to 6.5 million iPad tablets in the first quarter of this year, and now it’s on record as saying second-quarter production …
