British carrier O2 has released a new app for Android and iOS called O2 Tracks, which allows users to listen to the U.K.’s official top 40 singles to their smartphone. It’s available to download now from the App Store and Google Play, and O2 customers can enjoy the service for just £1 ($1.56) per week.
Here’s an illuminating chart by Horace Dediu. Check out how big Apple’s iTunes and iPhone accessory revenues are, compared to the entire mobile phone revenue of pretty much every smartphone manufacturer except Samsung. It easily dwarves them. Maybe these guys should stop making smartphones and start making iPhone accessories?
We can talk all day about whether or not Wall Street is made up of a gibbering bunch of mad men based upon their recent decision to start selling off Apple shares in droves after hearing that Apple had just reported another record quarter. Some think that’s proof of stupidity or a conspiracy; some think that Wall Street just buys against future growth, and Apple has peaked; and some just think that Wall Street doesn’t think tech stocks can last.
Whatever the rationale for Wall Street’s panic, this chart puts it in perspective: Apple’s “disappointing” quarter was still more profitable than the profits recorded by even other super-profitable companies. Really makes the sell-off look stupid, doesn’t it? If Wall Street isn’t abandoning Exxon in droves, they shouldn’t be abandoning Apple.
Apple will announce its quarterly earnings for the 2012 holiday season tomorrow, and investors are nervous. The company’s stock has been on quite the roller coaster ride since its $700 high back in September 2012. AAPL is now trading right around $500, which is the lowest it has been in more than six months.
Recent reports have said that demand for products like the iPhone is faltering. That’s why it may come as a surprise that Wall Street expects Apple to have its best earnings report ever tomorrow. So is it a good time to sell AAPL? Now may actually be the best time to buy.
Google released an official Google Maps app for the iPhone on Wednesday evening — I’m sure you’ve already downloaded it to your device — and as you might expect, it’s already incredibly popular. Users have since been rushing to reclaim the mapping service that Apple booted out of iOS with its latest iOS 6 update, helping Google Maps rocket to the top of the App Store’s free chart in just seven hours. It has knocked Apple’s own 12 Days of Christmas app down to second place.
Apple just posted some of their financial data from Q4 and to the surprise of everyone, it was another record breaking quarter. Apple sold more iPods, iPads, iPhones, and Macs than they have during any other Q4 in their history.
The numbers aren’t earth shattering, but considering that Q4 is a transition quarter, the competition should be terrified of what Apple’s numbers are going to look like during the Holiday quarter (Q1 2013).
After landing on Android and iOS yesterday, Rovio has confirmed that Amazing Alexwill be making its way to Mac and PC. The new physics-based puzzler is Rovio’s first break away from the hugely successful Angry Birds series, and it’s already gotten off to a great start, rocketing up to the number one spot in the App Store’s paid charts in several countries.
We all know that despite only selling two different models of the iPhone and iPad each year, Apple owns the lion’s share of profits in the smartphone industry, even when compared to manufacturers who released dozens of different smartphones and tablets every year.
It gets even crazier, though. Look at this wonderful chart by market research firm VisionMobile, comparing shipping volumes, revenues and profits of the mobile industry from Q1 2011 to Q1 2012. In just a year, Apple has pretty much doubled not just the number of smartphones it ships, but the revenue and profit it makes off of them…. even while companies that were, a year ago, struggling to compete have pretty much gone belly up.
The chart really says it all. According to a new CNBC survey, 51% of all American homes now own at least one Apple product, with the national average being 1.6 Apple devices per household. And if you own an Apple product, you’re probably educated, young and doing well for yourself. Score all around!