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Q4 2011

‘Inferior products’ to blame for weak HTC sales in Q4, Citigroup says

November 25th, 2011

HTC cut its fourth-quarter guidance for the second time earlier this week, sending shares of the company’s stock to their lowest point in more than a year. The Taiwan-based smartphone vendor cut revenue estimates by roughly 23% for the fourth quarter as steep competition from Samsung, Apple and other companies will seemingly make HTC’s run …

Apple reportedly slashes Q4 iPhone 4S orders on weaker than expected demand

November 9th, 2011

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 …

Apple’s Q4 miss was a gift for investors, Ticonderoga says

October 19th, 2011

Apple reported fiscal fourth-quarter earnings on Tuesday evening that missed analyst estimates by a fair margin, due in large part to iPhone sales that fell well below the Street’s consensus. Analysts weren’t expecting iPhone sales to slow at all, but even Apple CEO Tim Cook acknowledged on the company’s earnings call that the overactive hype …