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Archive for August 14th, 2013
App Store's Still Number One in Revenue, Google Play's the Second
Apple’s App Store revenue still remains higher than the Google Play’s revenue. Although the Google’s store has had a substantial increase in growth over the past six months, the company from Cupertino still makes more money on selling apps.
Leave a commentiPhone 5C back housing [video]
The leak of iPhone 5C parts seems endless, now it is a new video, showing in detail the back housing of the device in yellow.
Sonny Dickson, the one who shared the video said, "We’ve gotten our hands on something a little more interesting: A detailed hands-on video showing a yellow iPhone 5C back housing! Not only does this further drive home the idea that the 5C will come in multiple colors – it also adds to the already vast amount of confirmation about the device’s design."
Apple is expected to release the rumored low cost iPhone next month, most likely on September 10th.
Carl Icahn claims Apple 'extremely undervalued'
The famous billionaire Carl Icahn has posted a couple of tweets, where he claims that Apple is 'extremely undervalued' and he is planning to obtain a bigger share of Apple.
We currently have a large position in APPLE. We believe the company to be extremely undervalued. Spoke to Tim Cook today. More to come.
Had a nice conversation with Tim Cook today. Discussed my opinion that a larger buyback should be done now. We plan to speak again shortly.
The result of Icahn's tweets was Apple's stock upsurging by 5%.
Analyst forecasts concerning iPhone 5C and iPhone 5S
Gene Munster, a famous analyst, has published a research note concerning his thoughts about the iPhone 5C and iPhone 5S.
According to Munster, the iPhone 5C will not boast Siri and it will replace iPhone 4S and will be selling for $300 off contract.
In terms of the phone itself, we expect the cheaper phone to have a plastic casing, 4" display, and lower end internal specs (processor, camera, memory, etc.) than the 5S/5 line up. Additionally, we believe that Apple may exclude some software features, such as Siri, which we note was not an option on the iPhone 3GS or iPhone 4 upon launch.
Launch of new iPhones will be the most successful in all history of Apple
According to analyst Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, the coming launch of new iPhones will be the most successful one in all history of Cupertino company.
"The new iPhones will be massively successful," Chowdhry told Benzinga this morning. "This will be the most successful product launch ever in the history of Apple."
Foxconn profits raise by 41% due to high iPhone sales
According to The Wall Street Journal, Hon Hai Precision Industry Company, widely recognized as Foxconn, has experienced an abrupt upsurge of 41% of the second quarter profits. Foxconn is Apple's leading iPhone and iPad assembler, and the increase in revenue is accounte to by high iPhone sales rates.
The report notes that 40% of Foxconn's profits come from Apple. In the second quarter of 2013 the figure of net profit of Hon Hai Precision Industry reached the top point of NT$16.98 billion (USD $566.7 Million) as compared NT$12.06 billion (USD $402 million) from the same period in 2012.
Larry Ellison speaks of Apple without Steve Jobs [Video]
Larry Ellison, CEO of Oracle has recently given an interview to CBS's Charlie Rose. It is well known that Larry was a close friend of Steve Jobs, so the main topic of the dialog was what he believes Apple without Steve Jobs will look like.
“Well, we already know,” Ellison told Rose. “We saw we conducted the experiment. I mean, it’s been done. We saw Apple with Steve Jobs. We saw Apple without Steve Jobs. We saw Apple with Steve Jobs. Now, we’re gonna see Apple without Steve Jobs.”
The events Ellison is talking about refer to the year 1985 when Steve Jobs was sacked by the Apple board. The Californian company went through many difficulties and had t struggle for further development. Later, Steve Jobs joined the company again CEO. As a result, such well-known products were launched as the iPod, iPhone and iPad, the ones that gave Apple world-wide recognition and generous revenues.
Nowadays, Apple is lead by Steve Jobs' hand picked successors - Tim Cook and the rest of the executive team (Jony Ive, Eddy Cue, etc). However, Ellison guesses that the sad history of Apple without Steve Jobs may be repeated.