‘The iPhone 6 Effect’ helping boost Asian economies by as much as 8.6 percent, say analysts

components

Component orders by Apple for the iPhone 6 are a significant factor in the current thriving state of a number of Asian economies, say analysts and government officials cited by the WSJ.

Analysts expect companies from Taiwan, Japan and South Korea that supplied earlier versions of the iPhone to produce key components like displays, camera lenses and microprocessors. Already, some of those companies are announcing increased earnings or forecasts, and economists and analysts are talking about an Apple effect on whole sectors and economies …

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Samsung misses analyst estimates, reports $7.1 billion in operating profit for Q2

Photo: ibtimes.com

Photo: ibtimes.com

After warning earlier this month that Q2 didn’t “look too good,” Samsung today released its earnings preview for the second quarter of 2014. The South Korean company reported an operating profit of $7.1 billion (7.2 trillion won), missing analyst estimates of $8 billion (8.1 trillion won). This comes out to a 24 percent drop year over year (via Bloomberg).

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Apple announces iPhone 5 coming to South Korea & 50 more countries in December

iphone 5 lightning box

Apple just issued a press release to confirm the iPhone 5 would land in South Korea and 50 additional countries in December. Apple noted that it has currently launched the iPhone 5 in 47 countries. Moreover, with the December launches announced today, it is on track to meet its goal of 100 countries by the end of the year.

South Korea will officially get the device Dec. 7, while other countries will get access Dec. 14, followed by another launch Dec. 21. Here’s the full list:

iPhone 5 will be available in South Korea on Friday, December 7 and on Friday, December 14 in Albania, Antigua and Barbuda, Armenia, Bahamas, Bahrain, Bolivia, Brazil, Chile, China, Costa Rica, Cyprus, Ecuador, Grenada, Indonesia, Israel, Jamaica, Jordan, Kuwait, Macedonia, Malaysia, Moldova, Montenegro, Panama, Paraguay, Philippines, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Turkey, United Arab Emirates and Venezuela. iPhone 5 will also be available on Friday, December 21 in Barbados, Botswana, Cameroon, Central African Republic, Egypt, Guinea, Ivory Coast, Kenya, Madagascar, Mali, Mauritius, Morocco, Niger, Senegal, St. Kitts, St. Lucia, St.Vincent & the Grenadines, Tunisia, Uganda and Vietnam.

Apple’s full press release is below: Read more

New iPad launches in 12 more countries this Friday, 9 more on April 27

 

 

 

 

Apple just published a press release that confirms the new iPad will launch in 12 additional countries Friday, April 20. Along with the 12 countries listed below, Apple confirmed an April 27 international launch date for nine more countries:

In addition to South Korea, the new iPad also will be available beginning on Friday, April 20 in Brunei, Croatia, Cyprus, Dominican Republic, El Salvador, Guatemala, Malaysia, Panama, St Maarten, Uruguay and Venezuela. Beginning on Friday, April 27, the new iPad will be available in Colombia, Estonia, India, Israel, Latvia, Lithuania, Montenegro, South Africa and Thailand.

Go past the break for the full press release.
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Without biggest mobile network in China, Samsung gains on Apple in smartphone sales

Bloomberg quotes a Gartner analyst:

“I don’t expect Apple to replace Samsung any time soon,” Gartner analyst Sandy Shen said in an interview. “China Telecom [story] is the nation’s smallest carrier, so the extent to which they can help Apple is quite limited.”

The 16.8 percentage-point gap in China between Cupertino, California-based Apple and Samsung almost doubled from the third quarter. While Samsung is No. 1 and Apple No. 5 in China, the global story is different: Worldwide, Apple passed its Suwon, South Korea-based competitor to become the biggest smartphone vendor in the fourth quarter, according to Gartner.

When you consider that the iPhone is not yet made for China’s dominant carrier, which holds two-thirds of a BILLION customers, the news that Samsung is gaining market share on Apple is not surprising (15 million iPhones ride on incompatible China Mobile).

I will be surprised, however, if Apple does not close the gap next year. The sixth-generation iPhone will almost certainly work on China Mobile’s network. Read more

Apple is likely the No. 1 smartphone maker, retaking spot from Samsung with 37M iPhones sold

Apple just announced its Q1 2012 earnings in a press release a few minutes ago, which revealed very impressive numbers from the company. Apple revealed it sold a whopping 37 million iPhones during the holiday quarter, which now gives the company the No. 1 smartphone manufacturer spot —back from Samsung, who previously held the title. Earlier this month, Samsung gave estimates of 35 million phones sold during the holiday quarter. This means Apple beat the company by 2 million.

Check out the full announcement and the live blog coming up in a few minutes for more record setting figures from Apple.

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