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Dan Graziano |Mar 20th, 2012 at 11:10PM
Apple announced on Monday that the company had sold a record 3 million new iPads since Friday’s launch. With Apple’s new tablet set to become available in 24 additional countries starting at 8:00 a.m on Friday, March 23rd, a number of analysts are expecting solid sales to continue. UBS analyst Maynard Um believes that Apple could move 12 million new units in this quarter alone, AllThingsD reported on Tuesday. “Apple has sold ~750,000 new iPads per day since launch on Friday,” Um said ...
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Dan Graziano |Feb 20th, 2012 at 09:45PM
A research analyst and a former executive who revealed insider information about Apple’s sales have both been charged, reports Reuters. Analyst John Kinnucan on Friday was charged with two counts of securities fraud, two counts of conspiracy and one count of insider trading from a civil case filed by the U.S. Securities and Exchange Commission. Between 2008 and 2010, Kinnucan allegedly paid insiders with cash, trips and other incentives for inside information regarding Apple. Kinnnucan then sold the inf...
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Dan Graziano |Feb 7th, 2012 at 09:00PM
Amazon announced the company’s fourth quarter results last week, which fell short of Wall Street’s estimates. The company reported $17.4 billion in revenue, with net sales up 35% from $12.95 billion in the same quarter of 2010. Despite falling short of analyst estimates of $18.26 billion, Amazon’s growth was more than twice the overall market’s growth according to data from comScore. At $49.6 million, U.S. retail spending was only up 14% in the fourth quarter of 2011. “The growth ...
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Todd Haselton |Oct 24th, 2011 at 06:35PM
In a recent research note, Morgan Keegan analyst Tavis McCourt said his firm believes smartphone sales may have dipped sequentially during the third quarter of this year, and year-over-year, for the first time ever. McCourt says the change is likely due to consumer anticipation for the iPhone 4S, which made its debut during the fourth quarter. In addition, McCourt argued that a likely decline in Android sales quarter-over-quarter and “only modest growth” year-over-year despite the introduction of ...
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Todd Haselton |Oct 5th, 2011 at 11:40AM
Android tablet vendors should follow Amazon’s lead and introduce lower-priced devices with Amazon content or exit the market altogether, one analyst recently suggested. Nomura International technology securities analyst Richard Windsor believes Amazon will dominate the cheap end of the tablet market with its new Kindle Fire, while Apple’s iPad will continue to own the high-end. Other tablet makers with iPad-like prices are still “living in denial,” Windsor said. “The main effect ...
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Todd Haselton |Sep 19th, 2011 at 02:20PM
Apple will release two new iPhone models this fall, the “iPhone 4 Plus” and the iPhone 5, according to a note to investors issued by JP Morgan on Monday. JP Morgan analyst Mark Moskowitz reiterated reports that the iPhone 5 will feature global roaming with support for both CDMA and GSM networks. As various other rumors have also suggested, Moskowitz believes the iPhone 4 successor will be thinner and lighter than the current model. In addition, Moskowitz said Apple will release another model with...
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Todd Haselton |Aug 24th, 2011 at 04:25PM
Rumors began swirling on Tuesday suggesting Sprint will launch the iPhone 5 and the iPhone 4 later this year, and at least one analyst thinks Sprint could move a fair number of Apple devices. “Sprint is the third largest carrier in the US with 52m subscribers which would be a nice expansion of Apple’s addressable market in the US,” UBS executive director Maynard Um said in a note to investors on Wednesday, adding that he expects the Overland Park, Kansas-based company to sell 1.2 million iPhones...
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Todd Haselton |Jul 13th, 2011 at 05:45PM
Apple, Samsung, and HTC will each post gains in their respective earnings reports according to 46 analysts polled by Reuters. “We expect second quarter earnings to reveal a widening gulf between the winners and losers and further illustrate the ‘changing of the guard’ as Apple, HTC and Samsung continue to increase market share,” CCS Insight analyst Geoff Blaber told the news outlet. Analysts say Samsung’s growth, which pushed it past Nokia as the largest smartphone builder in the...
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Todd Haselton |Jul 12th, 2011 at 07:45PM
Ahead of Apple’s third-quarter earnings report on July 19th, Fortune has tapped 39 analysts and has created a roundup of their iPad sales estimates. We already know that the iPad 2 has been flying off of store shelves since Apple announced the tablet on March 2nd. However, demand was so great that it’s unclear just how many Apple was able to manufacture and sell during the third quarter. Brian Marshall from Gleacher, Daniel Ernst from Hudson Square, and Mark McKechnie from Think Equity all estima...
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Todd Haselton |Jul 12th, 2011 at 01:29PM
We already brought you our opinion on why Apple’s next iPhone will land on every carrier in the United States, and now another analyst seems to agree. Chris Larsen, managing director and senior telecommunications research analyst with Piper Jaffray, argued in a note on Tuesday that both Sprint and T-Mobile will join AT&T and Verizon Wireless in offering the iPhone 5. “While we remain uncertain regarding the next-generation iPhone’s specs and features, we believe the most noteworthy chang...
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Todd Haselton |Jul 6th, 2011 at 12:00PM
On Wednesday, Citadel Securities analyst Shing Yin said that an iPhone launch on Sprint is ever more likely since Verizon Wireless’ announcement that it will move from unlimited data plans to tiered data pricing on July 7th. According to Barron’s, Yin believes that Apple will be more compelled than ever to launch a device on Sprint, given that it’s the last remaining of the big four U.S. wireless carriers to offer a truly unlimited data option. “We believe Sprint could capture more t...
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Todd Haselton |Jul 1st, 2011 at 04:50PM
According to Chang Chi, the deputy head of Taiwan-based Market Intelligence Center, Windows Phone will have a 17% grip on the smartphone market next year. Chi said that Android’s share of the market in 2011 is 38%, followed by Symbian (23%), and iOS (18%). However, he expects Android’s market share to grow 2% next year, iOS to increase to a 19% share, and Windows Phone to skyrocket to a 17% share of the market. Chi also expects that HTC will surpass RIM and become the fourth largest smartphone mak...
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Zach Epstein |Jun 28th, 2011 at 11:45AM
Apple will not release an “iPhone mini,” a second prepaid model or even a redesigned iPhone 5 in September, BMO Capital analyst Keith Bachman claimed in a note to investors on Monday evening. Instead, the Cupertino-based tech giant will stay true to earlier rumors and simply issue a modest spec bump wrapped in the current iPhone 4 case. Earlier on Monday, Deutsche Bank analyst Chris Whitmore claimed that Apple would be unveiling two new iPhone models this coming September, a redesigned iPhone 5 an...
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Zach Epstein |Jun 27th, 2011 at 01:00PM
A new report suggests Apple’s manufacturing partners are preparing to begin assembling the next-generation iPhone some time between the middle and end of August. This time frame suggests that a launch might not occur until the second half of September at the earliest. Following a series of meetings in Taiwan, Morgan Stanley analyst Katy Huberty issued the new production timeline in a note to investors on Sunday. “Apple’s next iPhone will begin production in mid to late August and ramp aggressive...