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Tim Cook believes China will be Apple’s biggest market – and it’s not hard to see why

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One of the most remarkable numbers revealed yesterday by Apple was that revenue in Greater China – the term used to describe mainland China plus Hong Kong, Macau and Taiwan – more than doubled in the past year. Year-on-year revenue in the region more than doubled, compared to Apple’s already impressive worldwide growth of 33% … 
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iPhone 5s remains world’s best-selling phone, iPhone 5c takes number 5 slot

Sales channel data from 35 countries compiled by Counterpoint shows that the iPhone 5s remained the world’s best-selling phone as of May, some eight months after its launch. This backs up a report from ABI Research that the phone had retained the number one slot through Q1.

Apple’s iPhone 5s continues to be the bestselling phone in the world, a spot that many expected to be taken by Samsung’s Galaxy S 5. The highly anticipated Galaxy S5 comes in at second place but still a quite distant number two in terms of (sell through) unit sales.

The news wasn’t quite so good for the iPhone 5c, which came in at number 5, behind both the Samsung S5 and last year’s S4 – as well as the company’s Note 3 phablet.

The iPhone 4S keeps on trucking: two-and-a-half years after its release, Counterpoint shows it at number 6 – one notch down from ABI’s Q1 data.

Overall, Samsung has roughly twice Apple’s market share thanks to a huge range of handsets at all price levels, a statistic that is unlikely to keep Tim Cook awake at night even if market share doesn’t increase, as Apple takes home the lion’s share of the profits – something you can watch in real-time thanks to an interactive graphic.

It’s widely expected that the iPhone 6 will boost Apple’s share of the market as it taps into demand for larger displays, with Cook saying last month that there is more growth to come from Android migration.

(via Business Insider)

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Analyst delivers the ultimate insult to Apple, calls it ‘the next Microsoft’

Apple just might find itself shopping around for a new finance partner for its retail stores after Barclays analyst Ben Reitzes likened the company’s future potential to that of Microsoft.

Downgrading AAPL from a buy to a hold, Reitzes said that while he was excited by the iWatch and Apple television ideas as a consumer, he didn’t see either driving double-digit growth. Quoted by Business Insider, he said:

We look at a valuation analogy vs. Microsoft from 2000 to about 2010 and see no precedent that large-size tech companies simply start to broadly outperform again after a tough year or two if the law of large numbers is catching up to them and margins have peaked.

Ouch! Still, it appears his pessimism is not universally shared.

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