Apple accounts for 93% of smartphone industry profits

By

Shareholders are getting a huge payday from Apple.
Apple shattered records again this quarter.

Things couldn’t be going better for Apple on the iPhone front. The company just posted the most profitable quarter ever in the history of corporations thanks to strong iPhone sales. And according to the latest report from Cannacord, Apple is basically the only company in the world making money off smartphones.

Apple accounted for 93% of smartphone profits in Q4 2014 reports Canaccord Genuity’s Mike Walkley who has also raised his target price on AAPL shares up to $145. That’s bad news for LG, Samsung, HTC and anyone else that makes smartphones, and to make it even worse, Cannacord estimates one third of all smartphone users will own an iPhone by the end of 2018.

See the full breakdown of profits per company below:

Wacky wearable wants to merge your smartwatch and phone into one

By

The wearable tech you can take off and talk into. Photo: .klatz
The wearable tech you can take off and talk into. Photo: .klatz

Some of the best tech ideas come from taking two separate concepts and trying to merge them together into one device.

With all the chatter about smartwatches and smartphones as of late, it was only going to be so long before someone tried to combine the two: creating a gadget that gives smartwatch-like functionality while on the wrist, but also allows the user to take it off and use it like a smartphone when necessary.

That’s the idea behind .klatz, a Ukrainian “smartwatch/watchphone” project that’s currently raising money on Indiegogo. Its creator points out its iOS support — which means that you can pair it with an iPhone if you don’t fancy using it as your primary handset — while a promo video for the project shows it providing Pebble-style notifications, along with fitness tracking and music playing functionality.

Ex Apple CEO launches five new smartphones in the Middle East

By

1984 --- Steve Jobs and John Sculley --- Image by Ed Kashi/CORBIS
1984 --- Steve Jobs and John Sculley --- Image by Ed Kashi/CORBIS

Former Apple CEO John Sculley has launched a new lineup of budget smartphones in the Middle East — although he admits Steve Jobs would like not be enamoured with them.

“Steve being Steve would say, you can do alot better,” he told Gulf Business.

The range includes various animal-themed devices, including the Octopus S520, the Falcon S451, Hornbill S551, Wolverine S501, and Obi F240. They are being launched by India’s Obi Mobile, a budget smartphone brand, which John Sculley co-founded.

The COOKOO smartwatch: Digital life right on your wrist [Deals]

redesign_cookoo_mf2

Finally … a stylish smartwatch!

Smart watches are cool, but very, very nerdy-looking. Not that being a nerd is off-putting, but you may not always want to send that message when someone looks at your wrist.

That’s why the COOKOO watch is so awesome. It gives you most of the functionality of any competing smart watch, and you can still wear it on a date without looking like you’re going to have Scotty beam you up out of the restaurant mid-meal. And you can get one for yourself for 23% off the regular price…just $99!

Saturday Deals: Fun with iHelicopter and iPhone protection with ScreenGuardz Pure [Deals]

redesign_cobra_mf1

It’s time to turn your living room into a fun-filled recreation room with this iPhone-controlled, missile-firing helicopter.

We’ve seen our share of flying machines, but this iHelicopter is – in terms of ease-of-use and fun factors – one of the best we’ve seen. And we’ve got it for only $9.95 for a limited time!