Global phone shipments for the third quarter hit 418 million units, growing seven percent annually and marking the highest growth rate for the market since 2011. The numbers compiled in Strategy Analytic’s latest research indicate that Samsung accounted for nearly 29 percent of the total worldwide cell phone shipments, almost doubling the market share of its closest competitor Nokia, that claimed 15.5 percent.
Shares of Apple fell slightly in after hours trading following news that the company’s fourth-quarter EPS of $8.26 and revenue of $37.5 billion had beaten estimates. Bloomberg estimated Apple would move 33 million iPhones this quarter and the company pushed past that mark with 33.8 million total iPhones shipped, well ahead of the 26.9 million iPhones it sold in the same quarter last year.
CUPERTINO, Calif. (AP) — Apple's latest quarterly report is expected to show the company's earnings are still falling as rival products siphon sales away from the iPhone and iPad. The fiscal fourth-quarter results, due out after the stock market closes Monday, are likely to serve as the latest reminder about the stiffening competition facing Apple Inc. at a time when the company's well of innovation has apparently run dry.
Notable activist investor Carl Icahn, chairman of Icahn Enterprises, today published on his new website a letter he wrote to Apple CEO Tim Cook. The letter, which was not immediately available due to a technical glitch on the new website...
LinkedIn just gave its users another reason to ensure their resumes are up to date. The online professional network has introduced a mobile feature that shows information about people's careers in emails being read on iPhones. The tool, called Intro, pulls details from the profiles of LinkedIn's more than 238 million users so the recipient of an email can learn more about the sender.
AT&T Wednesday reported best-ever third-quarter smartphone sales of 6.7 million. Total smartphone base increased by 1.2 million in the quarter, with smarpthones accounting for a record 89 percent of postpaid phone sales. Interestingly, AT&T did not break out iPhone sales but did say that it had seen record Android sales.
T-Mobile today released details about its plans for Apple's new iPads. The uncarrier said it will offer up the iPad Air and iPad mini with no money down, and will throw in a monthly stipend of LTE data (200MB) for free. Beginning November 1, T-Mobile will offer iPad Air and iPad mini (iPad mini with retina display with Wi-Fi + Cellular will arrive later in November).
The four major U.S. carriers have rolled out the individual data plans for Apple’s new iPad Air and iPad mini with Retina display and T-Mobile is already putting an “un-carrier” move on the competition by offering 200 MB of data free. AT&T’s, Verizon’s and Sprint’s lowest tiered offerings don’t match T-Mobile’s free deal but up from there, things start to level off.
The iPad Air wears a 9.7-inch Retina display with a 43-percent smaller bezel than the previous iPad. Inside the Air, the 64-bit A7 chip is running things and MIMO antenna tech should speed up the Wi-Fi. The Air begins shipping Nov. 1 and starts at $499. A Retina display, A7 chip and MIMO antenna also found their way onto the new 7.9-inch iPad mini, which is priced at $399 and due out in late November.
Apple is expected to round out its line-up of gadgets for the holiday shopping season with the Tuesday unveiling of its latest iPads. The San Francisco showcase is likely to feature remodeled versions of Apple's standard-sized iPad with a 10-inch (25-centimeter) display screen and the iPad Mini with a nearly 8-inch (20-centimeter) screen.
Apple has confirmed an Oct. 22 media event by sending out invites for the occasion Wednesday. The event, which will take place at the Yerba Buena Center for the Arts Theater in San Francisco, is expected to focus on new iPads and the latest iteration of the company's desktop operating system.
Apple said Tuesday that Burberry CEO Angela Ahrendts, who used technology to drive a remarkable turnaround at her luxury fashion house, will take charge of the company's expansion plans and retail operation. Ahrendts, who will become a senior vice president at Apple next spring...
Apple is reportedly cutting daily production for the iPhone 5c from 300,000 to 150,000. MacRumors found a report from Chinese site C Tech that learned from “insiders” the cut in production was due to “dismal sales.” The iPhone 5c, which was largely thought to be Apple’s phone for emerging markets, somewhat confounded when it came in priced only $100 less than the flagship iPhone 5s.
Apple will reportedly hold an invite-only event Oct. 22 to show off its refreshed iPad and iPad mini. All Things D has the scoop again after accurately predicting the dates for this year’s iPhone launch and last year’s iPad Mini event. The event will also reportedly devote some time to the new Mac Pro and the company’s desktop operating system refresh, OSX Mavericks.
Apple's stock climbed in premarket trading on Monday as an analyst lifted the company's rating and price target, saying improving gross margins should help the business until the launch of the iPhone 6. Peter Misek of Jefferies LLC said in a client note that it appears Apple's suppliers...
Apple acknowledged a problem within iOS 7 affecting iMessage and has said it’s looking into fixing it. The Wall Street Journal pointed to a statement from Apple where the company noted the issue with messages not being sent through iMessage and indicated a fix would be coming in a future iOS 7 update.
Activist investor Carl Icahn is pressuring Apple to spend $150 billion buying back its own stock, a target that would more than double the amount that the company's board authorized in a previous attempt to placate frustrated shareholders.
T-Mobile's uncarrier strategy appears to be getting a little help from sales of Apple devices. According to recent numbers from Kantar Worldpanel, T-Mobile grew to 13.2 percent of smartphone sales in the U.S. market in the 3 month period ending August 2013, marking its highest share of sales over the past year.
As good as GPS is at helping smartphones guide you, the technology isn't very precise and doesn't work reliably indoors. Apple is trying to improve that with a new iBeacon system, which comes with last week's iOS 7 software update for iPhones and iPads.
NEW YORK (AP) — While the iPhone 5S includes a handful of new features that set it apart from Apple's previous model, the actual cost to make the phone hasn't changed very much, according to a new study. An IHS Inc. teardown of the new smartphone found that the components that make up a 16-gigabyte iPhone 5S cost $190.70. Manufacturing costs add another $8, bringing the total production cost to $198.70.
It’s too early to break out the nails for NFC’s coffin. There are still plenty of uses for the technology. But NFC’s mobile payments aspirations look like they’ve suffered a death blow at the hands of Apple’s iBeacon, Bluetooth LE and PayPal.
Apple’s record-setting iPhone weekend lead to a large amount of new activations on U.S. carriers, with the lion’s share going to AT&T and Verizon. Localytics estimates the iPhone 5S and 5C now represent 1.36 percent of all activated iPhones in the U.S. across the four big carriers. Of those new iPhones, about 49 percent jumped on AT&T and more than 37 percent started up on Verizon, accounting for nearly 87 percent of the total.
NEW YORK (AP) — As Apple pitches its newest smartphones, users may find something lacking compared with last year's model: They could break more easily. SquareTrade, a provider of protection plans for gadgets, tested five smartphones, including Apple's new iPhones, to see if they could withstand drops, dunks and other common hazards. Its finding: The latest models aren't as durable as last year's iPhone 5.
The biometrics segment of the German hacking group the Chaos Computing Club (CCC) says it has successfully broken through Apple's Touch ID fingerprint security on the iPhone 5S. In a post on the CCC's website, the group says a fingerprint of the phone user, photographed from a glass surface...
With the launch weekend for the iPhone 5S and 5C in the books, Apple is announcing it sold nine million iPhones in three days. With two models instead of the usually one flagship, Apple trounced the previous record of more than five million units in the first weekend, set last year with the iPhone 5.