growth

IDC today published an updated forecast for worldwide tablet shipments this year, predicting the segment will experience a “notable slowdown” with both iOS and Android expected to record a year over year decline in growth. While IDC notes that the majority of the 212 million tablets it expects to ship this year will be “pure slate tablets”, it does anticipate growth in the 2-in-1 hybrid tablet/laptop category, of which it’s apparently including the larger 12-inch+ iPad that Apple is expected to introduce later this year:
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Apple CEO Tim Cook kicked off the company’s WWDC keynote presentation today with its usual update on numbers and growth since last checking in. The big numbers so far from today’s event: Siri is now 40% faster and more accurate, the company now supports 2500 banks for Apple Pay, and iOS and OS X adoption continues to outpace the competition. 

Head below for a full roundup of notable numbers and company stats announced during today’s event (we’ll be updating as more come up):
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New data from Kantar Worldpanel ComTech shows that smartphone users ditching Android devices in recent months helped drive iOS growth across the EU. The data tracked the EU’s biggest markets in 1Q15— Great Britain, Germany, France, Italy, and Spain— and shows iOS grew 1.8 percentage points from last year to 20.3% market share this year. That includes around 32.4% of new Apple customers switching from an Android device, according to the report, while Android lost 3.1 percentage points during the 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.
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The latest numbers from market research company IDC reveal that worldwide tablet growth is expected to have significantly declined in 2014, with just 7.2% year-over-year growth compared to 52.5% in 2013. A contributing factor will likely be the iPad’s first year of decline as the tablet’s market share continues to fall because of a growing number of cheaper alternatives.
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With Apple’s Q3 2013 financial call set to take place later this month on July 23rd and Wall Street expecting near zero revenue growth, today we get a look at what analysts are expecting for iPad sales. With no major product announcements since the  introduction of iPad mini and iPad 4 last fall (and only a minor upgrade with the 128GB iPad 4 in January), it’s not all that surprising the consensus from 48 analysts polled by Fortune is that Apple will experience a big drop in growth year-over-year for iPad during the June quarter.

The average estimate of 18.1 million iPad units during Q3 works out to around 6.2% growth compared to 183% and 84% in Q3 2011 and Q2 2012, which some might still consider significant due to the lack of new product announcements and competition from Android tablets:
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Photo: techbeat.com

Fortune is reporting that most analysts expect Apple to report near-zero year-on-year growth when the company reveals its Q3 earnings figures on 23 July.

The pessimistic expectations began just a day after Apple reported its Q2 earnings, with Cowan and Company taking just 24 hours to post a Q3 prediction of $35.4B. More recent analyst estimates gathered by Thomson Financial, and reported on Yahoo! Finance, were marginally lower, at $35.17B. Fortune‘s own preliminary survey of 35 analysts to date is slightly lower still at $35.02B … 
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In October, Apple stock dropped below 600 for the first time since July. Since then, following a number of new product launches, AAPL has continued to fall and now only sits slightly higher than last week at roughly 550 per share and a market cap of $518 billion. While many have pointed to uncertainty regarding new product launches and executive level changes as the cause of Apple’s falling share price, no one quite has a definitive answer for why AAPL has hit a nearly six-month low. In a report today, titled “A dramatic reading of Apple’s share price”, Asymco analyst Horace Dediu might have the answer.

Dediu studied 13 bear AAPL markets starting with the October 2001 launch of the iPod. As noted in the report, Apple’s stock had just fallen 70 percent year-over-year and continued to drop another 20 percent following the iPod launch. However, since the iPhone launch, Dediu found “every dramatic drop in share price was followed by a surge in earnings growth.” The graph above maps earnings growth following bear Apple markets since the 2007 iPhone introduction.

So, why exactly does this happen? Dediu explained his theory:

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A new report by Global Equities Research says Apple’s iTunes will hit $13 billion in revenue in fiscal 2013. To reach that point, GER says iTunes will grow at a rate of 39%, or 13% a year. This report cites all parts of the Apple store ecosystem including music, apps, and books, will contribute to the growth. GER believes the iBookstore will have a major role.

Our research with students indicates that they would rather have books on iPad vs. Kindle.

The analyst also believe the rising number of iPad apps will contribute to the growth. Six months ago the average iPhone and iPad user only had 15 apps, and now they have 45. Who knows, maybe with the announcement of the iPhone 5 and iPad 3 these numbers could shoot even higher.
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