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‘Be Bold’ is a bust: Ad blitz didn’t help BlackBerry 7 sales in February

March 5th, 2012

Research In Motion’s increased marketing efforts centered around its “Be Bold” campaign in North America have not paid off according to Canaccord Genuity. Sales of BlackBerry 7 smartphones, and specifically the BlackBerry Bold 9900 and Curve 9360, were poor in February, Canaccord analyst Mike Walkley wrote in a research note late Sunday night. “Our February …

Apple seen selling 31 million iPhones, 11 million iPads this quarter

February 17th, 2012

Apple posted the most profitable quarter ever among technology companies to close out 2011 and according to a number of industry analysts, the Cupertino-based company is on track for another huge quarter to kick off the new year. Oppenheimer analyst Ittai Kidron on Friday raised his price target on shares of Apple stock to $570 from …

A single share of Apple stock now costs more than an iPad

February 13th, 2012

The “Apple is worth more than” meme has gotten plenty of play over the past year, but a new measure of Apple’s success emerged on Monday that is as simple as it is monumental: a single share of Apple stock now costs more than an iPad. As of the open of the market on Monday, Apple’s …

Can smartphone vendors survive with Apple and Samsung dominating the industry?

February 9th, 2012

Apple and Samsung are in the midst of a patent-fueled war with no end in site, but the pair has also inadvertently joined forces to make it increasingly difficult for other vendors to continue making smartphones. New estimates suggest Apple and Samsung combined to take in a staggering 95% of smartphone industry profits in the fourth …

Carriers hate the iPhone

February 8th, 2012

Apple’s iPhone is the most profitable product offered by the most valuable company in the world. With only three iPhone models in its lineup, the Cupertino-based technology giant shipped more smartphones last quarter than any other vendor in the world. Carriers that sell Apple’s sought-after smartphone enjoy huge activation figures each quarter as a result, …

Apple claimed a staggering 80% of mobile profit in Q4

February 7th, 2012

Impressive data points from Apple’s record-setting holiday quarter continue to trickle out, and new estimates suggest that the company accounted for a staggering share of mobile profits in the fourth quarter of 2011. Morgan Keegan analyst Tavis McCourt wrote in a research note on Tuesday that Apple took in approximately 50% of all mobile industry …

Samsung takes another page from Apple’s playbook: increase margins

February 7th, 2012

Apple has argued on multiple occasions that Samsung builds mobile products that “blatantly imitate the appearance of Apple’s products to capitalize on Apple’s success.” Courts seem to disagree for the most part, with only a pair of injunctions having been issued despite dozens of complaints Apple has filed around the world. There are some areas where …

HTC slump continues in Q4; guidance misses Q1 estimates

February 6th, 2012

HTC on Monday reported earnings for the fourth quarter last year along with guidance for the first quarter that missed analysts’ estimates. Further highlighting the slump that began in October with the launch of Apple’s iPhone 4S, the Taiwan-based vendor posted fourth-quarter revenue of NT$101.42 billion, or approximately $3.5 billion USD, down 2.5% compared to …

Apple and Samsung to pull in 90% of smartphone profits in 2012, UBS says

February 3rd, 2012

Industry watchers agree that smartphone sales will continue to balloon in 2012, but much of the projected growth will seemingly be enjoyed by just two companies. In a report to clients earlier this week, UBS analyst Maynard Um lowered his full-year unit sales projections for cell phones to 1.69 billion from his earlier estimate of …