Most people are still leery about giving up their wallet. Only a small percentage of smartphone owners use their mobile to make purchases at brick-and-mortar stores. But attitudes are starting to change.
As a result, Apple Pay is growing strongly. Surprisingly, most of that growth is outside of the U.S.
In the battle of the mobile software stores, Apple has a huge lead. Consumers spending in the iOS App Store during the first half of this year was almost double that of rival Google Play.
But there’s good news for both companies, as each experienced solid year-over-year growth.
Apple Watch is absolutely dominating the traditional Swiss watch industry.
The latest reports on Apple Watch sales figures were released today and even though Apple hasn’t put out its own official numbers, it looks like Apple Watch outsold the entire Swiss watch industry combined during the last quarter of 2017.
Apple reported weaker-than-expected iPhone sales during its earnings call yesterday. However, not every Apple watcher is convinced that’s bad news for the company.
In a note to clients, Mizuho Securities analysts Abhey Lamba and Parthiv Varadarajan suggest that the “pause” in sales is less likely to be about people losing interest in the iPhone — and more related to massive excitement over the forthcoming iPhone 8.
Apple will hold its quarterly earnings call next Monday, which means analysts are beginning to weigh in on how many iPhones Apple sold during the holiday quarter. Although Apple’s new sales with China Mobile didn’t make it into the quarter, Apple still had a ton of pent up demand to go along with a set of new phones, plus its was the holidays. All those conditions should make for a perfect storm of sales, and so far top analysts are predicting Apple sold a record-shattering 55.3 million iPhones.
Although since the iPhone 4S, Apple has launched new iPhones in the fourth fiscal quarter of every year, that’s not where the quarter they sell the most iPhones. It’s simple logistics: not only does Apple usually only have a couple weeks left in the fourth quarter to fit as many sales as possible into, but supplies of new iPhones tend to be constrained.
That’s not to say, though, that this won’t be a banner quarter for Apple. Thanks to the iPhone 5S and iPhone 5C, Apple will see year-over-year sales of iPhones increase by 28%, says one analyst.
For the past two years it’s seemed that the Mac was invulnerable to the sudden drop in PC sales that have plagued other OEMs, but things aren’t looking too rosy for the Mac anymore either.
A new study from NPD Group found that Mac sales were flat year-over-year during July, and if things keep going at this rate, Apple’s domestic Mac sales will be down 5% year over year for the September quarter.
Steve Cheney is a pretty smart guy, with a serious background in technology and mobile marketing, both as a former TechCrunch author and the current head of business development for iOS and Android chat app, GroupMe.
Cheney’s written a fairly strong analysis of the current Apple/Android war for supremacy and, as he sees it, there’s a clear advantage for Apple in the actual mobile device arena. Cheney calls it “bang per watt,” and he attributes Apple’s dominance here to the vise-like grip the Cupertino company has on the vertical integration of hardware and software.
Two years ago, Apple overtook Exxon as the world’s most valuable company. It was a heck of a feat for a Silicon Valley company: for the first time, the world seemed to value silicon computer chips more than the bubbling, black goo of long dead dinosaurs. The future seemed rosy, and in the following months, Apple’s share price eventually rose to over $700 a share… before cratering thanks to bizarre Wall Street pessimism.
Somehow, though, even though analysts are bleaker about Apple’s futures than they have ever been, Cupertino has once more managed to claw the title of world’s most valuable company from Exxon. How?
After refreshing its iPad lineup in the fall last year, rather than summer, Apple set itself up to go through a June quarter without a new iPad launch for the first time since it was introduced in 2010.
With Apple’s Q3 2013 quickly approaching on July 23rd, analysts have already begun to make their iPad sales estimates, and to no one’s surprise, YOY growth has slowed to a crawl in Q3 2013.
If you’re expecting another record quarter for Apple, you might be the only one. According to Fortune, most of Wall Street expects Apple to barely grow at all year-over-year in fiscal Q2.
Along with making ridiculous predictions like the impending arrival of an iTV, analysts have now taken to predicting when Apple will hold their next keynotes.
If you believe Peter Misek from Jefferies, then Apple is going to hold an Apple TV-related event in March, but there probably won’t be any new hardware on display, just software.
Apple stock opened at $457.70 this morning, down more than 10%, following its financial results on Wednesday. The Cupertino company announced $13.1 billion profit for the first quarter of 2013, a slight increase over the $13.06 billion it posted for the first quarter of 2012. But despite that increase, it’s clear Apple’s phenomenal growth has hit a stumbling block.
Apple’s iPhone continues to beat out Android as the best selling smartphone platform in the US, showing 51.2% of the market for a twelve month period which ended December 23 of 2012. According to the data released by market-analyst Kantar Worldpanel ComTech, Android has remained stable in market share since the same period of time in the previous year, at 44.8%, while Windows phone brings up third place at 2.6 percent of smartphone sales sold in that time period.
CNN Money polled 67 separate analysts, 39 pros and 28 indies, on their thoughts about Apple’s upcoming financial report, due on January 23rd. The consensus among them all is that Apple is most likely going to report the best quarter it has ever had. Ever.
Apple just unleashed the iPhone 5 on China today so things should be going really well for the company on Wall Street as well, but they’re not. According to initial reports, the debut of the iPhone 5 has been somewhat muted thanks to a snowstorm hitting Beijing and a pre-order requirement to prevent rioting.
Adding to Apple’s pain, the company’s stock hit a 10-month low today and is trading at $511.58 – the lowest its been since February.
When Tim Cook jumped on stage yesterday and ran through all the little statistics about how extremely successful Apple’s been over the last few months, he put some added emphasis on the fact that Apple just sold their 100 millionth iPad.
100 million iPads in just over two years is absolutely nuts. 100 million of any product sold in two years is insane. But it turns out that analysts weren’t thrilled that Apple just sold their 100 millionth iPad two weeks ago, because it means iPad sales are starting to decline when analysts were expecting them to sell more.
As a publicly traded company, Apple submits its financial reports every quarter to let their investors know how well the company is doing. However, Apple is under no obligation to share specific financial results about each of the individual products it sells, data that it is still trying to protect via the court in the Apple v Samsung case in Northern California.
However, rabid interest in the specifics continues unabated. In a survey reported today, CNN Money asked 61 Apple analysts, 31 from Wall Street and 30 independent analysts, what their estimates were for specific device sales in the quarter that just ended on September 29, 2012. Turns out, the analysts estimates were all over the place when it came to predicting the number of iPads sold.
Until Tim Cook climbs onto the roof of Apple’s Cupertino headquarters and shouts, “we will never build an iPad mini” at the top of his voice, the rumors will continue to circulate. The latest comes from “various analysts” who claim the upcoming iPad mini will feature a 7.85-inch IGZO display from Sharp, and will start at just $249.
Apple is reportedly gearing up to launch its much-anticipated “iPad mini” during the third quarter of 2012 in an effort to “counter attack” the upcoming Windows 8 tablets. The 7.85-inch device is expected to cost between $249 and $299, which will also allow it to compete with cheaper Android devices from the likes of Amazon.
Apple introduced its new A5X processor in the third-generation iPad yesterday, and based on the company’s previous moves, we’re expecting the chip to appear in its next iPhone. However, that may not be the case. According to analysts, the chip requires too much power to be used in the iPhone, and Apple will need to create a more power-efficient chip with a new manufacturing process for its next smartphone.
It’s amazing what you see when you look closely at numbers, and super-analyst Horace Dediu of Asymco looks closer than most. Parsing some of Tim Cook’s keynote speech at Goldman Sachs earlier this week, he did some digging came up with the incredible graph you see above.
Wall Street analysts can be an odd sort. Apple is seen as a red hot company producing must-have products, yet many observers of the Cupertino, Calif. tech giant are downright wet blankets when it comes to Apple’s future. Monday, a fellow analyst said pessimists predicting Apple will grow -2 percent must live in some alternate universe where up is down and iPhones don’t sell.
We’ve been hearing a lot lately about the so-called iTV, Steve Jobs’s “cracking” of the HDTV problem. But what if the iTV is just a rumor, and Apple instead plans on fixing television by making iMacs into HDTVs?
To underline how important China has become in Apple’s overall sales, the tech giant’s new iPhone 5 will be sold by that nation’s three top mobile carriers by year’s end, according to a Friday report.