The iPhone and iPad reportedly captured 93% of mobile device profits in holiday quarter, 79% across 2014

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Apple reported the largest profit ever recorded by a public company in the holiday quarter, mostly driven by sales of 74 million iPhones with an average selling price of $687. According to Cannacord, this meant Apple captured 93% of handset smartphone profits. Perhaps more staggering is that it claims Apple dominated on similar levels across the entire of 2014 — with 79% of mobile device profits.

The analyst expects continued growth for the iPhone for the next few users, with an estimated 650 million iPhone users by the end of 2018.

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Apple builds national enterprise sales team for IBM partnership, targets industrial, healthcare, financial customers

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Apple is looking to hire individuals across the US for a team of IBM Business Development Executives that “will be accountable for all aspects of the Apple and IBM partnership for a defined geographic and account set territory.” That means Apple is hiring a team of individuals that will act as company liaisons to help roll out and oversee sales teams pushing the new Apple/IBM iOS solutions to enterprise customers. The positions, which are industry and region-specific, also show Apple’s plan for the upcoming expansion of its enterprise solutions for new industries including manufacturing and healthcare.  Read more

AAPL shares reach new record high of $120 following Apple’s record Q1 earnings report

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Apple’s stock soared the day after the company reported its record breaking quarter with over $74 billion in revenue and more than 74 million iPhones sold, and now Apple’s stock has reached a new all-time high during trading. The company briefly touched on $120/share during trading this morning and is on track to break its previous record closing high soon. Read more

Apple grew 157% in China to over $16B in revenue last quarter

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Ahead of Apple’s fiscal Q1 2015 earnings report today, there were signs that Apple had enjoyed significant growth in China and a record number of smartphone sales in the region during the holidays. Today, we get some more insight into that growth, as Apple reported a 157% increase from the previous quarter: revenue of $16.144 billion in Greater China compared to $6.292 billion in Q3. Read more

Popularity of the iPhone 6/Plus sees Apple make market share gains around the world – Kantar

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Worldwide smartphone sales data from Kantar shows that strong iPhone 6 sales helped Apple achieve market share gains in all but one of the nine countries surveyed. iOS increased its market share in the US, UK, China, Australia, Germany, France, Italy and Spain – with Japan the sole exception.

In the US, Apple’s share of the smartphone market jumped 4.3% year-on-year in the three months ending in November to 47.4%. No surprise that the iPhone 6 was the best-selling phone in the country, capturing 19% of all smartphone sales …  Read more

Cyber Monday: The best iPhone, iPad, & Mac accessories on sale today

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A ton of great deals on accessories for iPhone, iPad and Macs have gone live today for Cyber Monday in addition to the many Black Friday deals still running from the weekend. Today is your last chance to get in on most of these discounts and in some cases might be your last chance to get your hands on these products before the holidays.

Head below for our roundup of the best deals available today on cases and accessories for your Apple device.  Read more

“iPad has a great future,” said Cook: long-term more important than “90-day clicks”

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While yesterday’s iPad numbers don’t look great – down 12.5% year-on-year, the third successive quarter in which sales have fallen – Tim Cook remains upbeat about the product, stating that it “has a great future” and that its long-term prospects are more important than “individual 90-day clicks.”

Quartz‘s Dan Frommer pulled together some of the things Cook has to say about the device, and while you’d clearly expect Apple’s CEO to put the best possible spin on things, he makes some reasonable arguments …  Read more

Apple announces record 10 million iPhone 6 and 6 Plus sales in opening weekend

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Apple has today announced that it sold 10 million iPhone 6 and 6 Plus units in the first three days of sales. This includes the 4 million units sold in the first 24 hours of preorder sales. Apple’s newest iPhones have consistently been out of stock across the world, particularly the iPhone 6 Plus which is believed to have faced production issues, limiting the number of available devices for sale.

For comparison, Apple reported 9 million iPhone 5s and 5c sales in the first three days. This means the iPhone 6 and 6 Plus set a new record by over a million units. Apple is unlikely to give any more color regarding iPhone sales performance until its quarterly earnings call in October. As usual, Apple has opted to not share the breakdown of sales between the two new devices.

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Apple says iPhone 6 and iPhone 6 Plus set overnight preorder sales record

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In a statement to Re/code, Apple has announced that iPhone 6 and iPhone 6 Plus have set new records for overnight preorders.

An Apple representative said that the overnight sales of the new iPhones set a record, though Apple did not say how many have been sold.

“Response to iPhone 6 and iPhone 6 Plus has been incredible with a record number of preorders overnight,” Apple told Re/code.

Earlier today, AT&T announced that it saw the best iPhone demand in two years. The phones have received immense interest today, despite Apple Online Store issues. T-Mobile’s systems have been crunched due to the demand, meaning sales representatives have had to resort to pen and paper to reserve iPhones for customers.

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Opinion: Is the case for Apple ending its patent battles with Samsung stronger than ever?

Men are silhouetted against a video screen with Apple and Samsung logos as he poses with Samsung S3 and Samsung S4 smartphones in this photo illustration taken in the central Bosnian town of Zenica

Steve Jobs famously declared back in 2010 that Android was a stolen product, and he was willing to “go thermonuclear war” in order to “destroy” it.

“I will spend my last dying breath if I need to, and I will spend every penny of Apple’s $40 billion in the bank, to right this wrong,” Jobs said. “I’m going to destroy Android, because it’s a stolen product. I’m willing to go thermonuclear war on this.”

Back in April, I suggested three reasons it might be time for Apple to settle its Android disputes and move on. The relatively small damages award in the most recent case (and which now looks set to be further reduced) provided a fourth reason not long after I wrote that piece. But I think the case today is even more compelling …  Read more