The latest data from Display Search suggests that the iPad mini is cannibalizing iPad sales, and that Apple won’t sell as many larger iPads this year as it anticipated. Generally speaking, self-cannibalism is something Cupertino’s okay with… but they may not like the taste in their mouths nearly as much this time.
Although you probably wouldn’t usually call it a PC, the iPad is a personal computer. And it’s currently dominating the PC market. During the fourth quarter of 2012, every one in six PCs sold was an iPad, according to research firm Canalys. When you include the Mac as well, more than a third of worldwide PC shipments during the holiday quarter were from Apple.
Apple stock took a battering this week when it was reported that the iPhone 5 wasn’t selling as well as the Cupertino company had expected it to, and it appears analysts aren’t going to let it recover just yet. JP Morgan analyst Mark Moskowitz is now reporting that iPad sales won’t meet expectations due to supply constraints during the fourth quarter of 2012.
Earlier this week, The Wall Street Journal reported that Apple has cut its iPhone 5 component orders by as much as half following “weaker-than-expected” demand for device. The news sent Apple’s stock price plummeting, but according to some analysts, there’s nothing to worry about. iPhone 5 demand is doing just fine, according to Sterne Agee’s Shaw Wu, and the component cuts are in no way related to poor demand.
Apple’s share price has plummeted this morning, following an earlier report that said the Cupertino company had cut iPhone 5 component orders due to weaker-than-expected demand. When the market opening on Monday morning, Apple stock dropped to $16.23, or 3.1%, to $504.07.
AT&T will announce its earnings for the fourth quarter of 2012 later this month, but the carrier has today confirmed that the quarter saw its “best-ever” sales of both Android and iOS devices. More than 10 million smartphones were sold during the three-month period, with an average of more than 110,000 smartphone sales a day.
Samsung’s request to keep some of its sales data sealed in an ongoing patent dispute with Apple in the United States has been denied by District Judge Lucy Koh. The Korean electronics giant wanted to keep its figures secret while it appeals an earlier sealing order, but it will now have to disclose the information to Apple.
Productions rates for the iPhone 5 are improving, supply sources claim, just in time for the handset to make its debut in more than 50 additional markets throughout December. Now that Apple has caught up with demand, the handset’s shipping delay has been reduced from four weeks to just 2-4 business days. Suppliers now expect the Cupertino company to sell 45 million iPhone 5 units during the fourth quarter alone.
Editor’s Note: We will be updating this post with more deals as we find them, so make sure to check back later. Also, if you see a deal we missed, let us know in the comments and we’ll add it!
Here we go again – the big retailers are starting to preview their Black Friday sales to whip us all into a frenzy. Target, Best Buy, Amazon, and Walmart, so far, have stepped up early to let potential shoppers know what, exactly, they can expect to find at each respective online or brick and mortar store this holiday season. Here’s what’s in store (pun totally intended) for you. We’ve also started rounding up the online store specials for this most festive retail season of the year, as well.