Two separate market share reports show that Apple increased its share of the global smartphone market year-on-year, with Samsung’s share declining. Strategy Analytics estimates that Apple grew its market share from 12.2% in Q3 2014 to 13.6% in Q3 2015, while Counterpoint has the numbers at 11.9% to 13.1% … expand full story
AAPL October 29
AAPL October 28
A patent troll is currently suing Apple, Samsung and half the automotive industry – as well as other companies – over the use of a vague, decade old patent that covers operating certain functions of a vehicle, like starting the engine and locking/unlocking doors, through a “watch” – now known as a “smartwatch”.
Intellectual Capital Consulting (LCC), the plaintiff in the lawsuit (which we embed below), claims that the defendants are using patented technology in smartwatch products and software that they are selling or contributing to sell. expand full story
While the market seemed largely unmoved by Apple’s announcement yesterday of a record year (and guidance suggesting that more records will be set), that’s because analysts had already predicted the numbers.
IBM noted recently that it had seen dramatically lower usage of IT support by those employees who switched from Windows PCs to Macs. Apple has now quantified the cost savings this has generated, noting that the combination of reduced support and increased residual values of Macs meant that IBM saved $270 for every employee who made the switch.
IBM employees are offered the opportunity to swap out their Windows machines for Macs whenever they are due an upgrade. The company has committed to buying 50,000 MacBooks by the end of the year, and Business Insider notes that it has so far deployed 30,000 of them.
Despite analyst fears that Apple couldn’t match last year’s record holiday quarter sales of $74.6B, the guidance issued by the company indicates that it expects to do so. Analysts had been concerned that last year’s record sales had been driven by pent-up demand for larger-screened iPhones, demand that has now been satisfied.
Apple, however, disagrees. The company yesterday issued guidance of $75.5B to $77.5B revenue, which would be a new record. It also said that it expects to maintain its high profit margins into the final quarter of the calendar year (Q1 of Apple’s fiscal year) … expand full story
AAPL October 27
It’s that time of the year again. Apple just announced results for its fiscal year 2015 fourth quarter earnings including $11.1 billion in profit from $51.5 billion in revenue and 48 million iPhones sold, 9.8 million iPads sold, and 5.7 million Macs sold. Next up Apple CEO Tim Cook and Apple CFO Luca Maestri will host a conference call with analysts from various firms to discuss numbers from the last quarter, product performance, and guidance for the current holiday quarter. We’ll be listening in on the finance call (so you don’t have to), bringing you a play-by-play summary including any news that Cook may make on-air. Stay tuned for our live coverage below as the call kicks off at 2 p.m. PT/5 p.m. ET:
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