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News from category ‘Financial’
Instagram Acquires Luma Camera App
Instagram has acquired the Luma Camera application and this is the main reason why it is now removed from the App Store. Such purchase will certainly help to improve the Instagram app itself, since the Luma Camera could have boasted of real-time filters, pinch to zoom feature and video stabilization on top of that. Analysts predict - and this is quite obvious - that we shall see all of the above mentioned features embedded to Instagram very soon.
Leave a commentiMac discounts before Haswell processor update
Great discounts are now offered by retailers on custom iMac configurations. The level of stocks is expected to fall in reparation for the Intel Haswell processor.
For instance, B&H on Wednesday evening slashed the price of 15 different custom iMac configurations by as much as $150, several of which had not previously been discounted from Apple's suggested retail price. Many of those same configurations were previously available from other resellers, but have not been restocked alongside other Macs for several weeks, according to historical data from the Apple Price Guide.
It is also stated that big shopping malls such as Best Buy, Amazon, and MacMall are offering a $100-$150 discount on standard retail configurations.
iPhone 5C to make Apple the market leader in China
According to Katy Huberty, analyst from Morgan Stanley, Apple may become market leader on Chinese smartphone market thanks to iPhone 5C launch.
The report of the analyst is based on recent AlphaWise survey among 2,000 Chinese mobile phone owners.
Have a look at the findings:
Consumers' interest rate in iPhone will remain high is Cupertino company continues its high-end strategy
● 23% of potential smartphone buyers are ready to purchase the iPhone. The figure has risen from 19% in January 2013.
● Apple gets a higher brand-loyalty rate than any other smartphone producer.
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%.
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.
New languages will be supported by iOS keyboard
According to the recent Apple job posting, iOS keyboard is likely to start supporting some new languages and script soon.
Nowadays iOS supports 50 languages and different script systems across the iOS keyboard system. Due to the reason mentioned above, this number can increase. Cupertino company is ready to employ even more engineers to "work closely with international teams and native speakers to accommodate all the world’s script systems."
Among language unsupported by iOS Keyboard are Farsi (Persian), Maltese, and Afrikaans. They are likely to be added soon.
Foxconn is emplying staff for Low-Cost iPhone and iPhone 5S
It is reported that Foxconn is employing staff to produce the requested amount of Apple's next generation iPhone (iPhone 5S) and the low cost budget iPhone (iPhone 5C).
Hon Hai Group, or Foxconn, is about to employ around 90,000 workers to improve the productivity of its Shenzhen facility. Before the plant reached 210,000 workers, with a peak of 300,000.
The additional employees will help with orders for Apple's iPhone 5S, the one boasting the rumored finger print scanner, upgraded processor, improved camera and more. The low cost iPhone is speculated to be the iPhone 5C will feature a plastic shell in multiple colors with comparable specs to the current iPhone 5.
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Apple's position on Mobile Phone Market in 2Q 2013
According to the research firm IDC, Apple's iPhone growth has decreased. The research company estimated the worldwide mobile phone sales for the second quarter of 2013. Apple showed its second lowest result over the last four years. The figure is only of 20% year-over-year growth as compared with 52.3% growth for the entire market. However, Apple is still the market challenger, holing the second place after Samsung. Other competitors , such a LG, Lenovo, and ZTE did not manage to reach even the 6% mark during the quarter.
Apple posted its second-lowest year-over-year iPhone growth rate in almost four years as some buyers presumably held off on iPhone purchases in advance of an expected next-generation device launch this fall. Nonetheless, the 31.2 million iPhones Apple shipped last quarter was impressive as its flagship iPhone 5 model, which has been in the market for three quarters, was faced with additional global competition in the form of Samsung's Galaxy S4 and HTC's critically-acclaimed One models. Apple's growth is likely to accelerate globally assuming it launches a lower-cost iPhone and continues to penetrate prepaid markets in the quarters to come.
T-Mobile goes $0 down for iPhone 5
One of the most famous USA carriers, T-Mobile announced today that a new deal is about to begin - : $0 down for all devices. Since tomorrow, you will get a device without any instant payments, only to be obliged to pay $ 27 over the next 24 months( in addition to regular monthly charges). Before the deal was the following: you paid $145.99 and the monthly payments were of $21 per month for 24 months.
The number of reasons not to switch to T-Mobile this summer is ZERO,” said John Legere, president and chief executive officer, T-Mobile US. “This is a fantastic offer and we’re making it easier than ever for customers to get the latest amazing devices. Adding Zero Down in addition to JUMP!, and Simple Choice with no contract is all about making wireless work for consumers and shaking up this industry.”
LA Unified School District students will get iPads
Apple has recently won a large supply contract for iPads to LA Unified School District. According to the program, all students in the school district will be equipped with iPad. The gadget will boast the Pearson Common Core System of Courses presented as a new app. Moreover, Apple’s iWork (Pages, Keynote, Numbers) and iLife (iMovie, iPhoto, GarageBand) suites will be preloaded on each iPad as well as some educational third-party apps. Apple says that the $30 million commitment is the beginning of a bigger contract from Los Angeles schools.
The first 31,000 iPads are only the initial phase of the program, which plans to buy and distribute iPads to all 640,000 students in the nation’s second-largest school district by late 2014, Mark Hovatter, the chief facilities executive for the LAUSD, told CITEworld.
“The most important thing is to try to prepare the kids for the technology they are going to face when they are going to graduate,” said Hovatter. “This is phase one, a mix of high school, middle school, and elementary students. We’re targeting kids who most likely don’t have their own computers or laptops or iPads. Their only exposure to computers now is going to be in their schools.
Apple may pay out about $500 million in damages
As it was reported recently, Apple had been found guilty for fixing E-Book prices. The compensation may reach the figure of $500 million, according to some legal experts.
Based on amounts that settling publishers have already paid, Apple could pay the $490 million bill from the states and class action lawyers. Apple was found guilty for conspiring with Hachette, Penguin, Random House, HarperCollins and Simon & Schusterall. The publishers have already paid there damages.
Apple’s Q3 2013 Earnings Report
Apple’s Senior vice president and Chief Financial Officer Peter Oppenheimer shared some interesting information about the company’s Q3 results yesterday. According to his report, we can easily trace the iTunes App Store growth. Apart from that, there are more than 320 million iCloud accounts now - that's 20 million more since WWDC in June.
iPhone sales data
The new data presented in June by Consumer Intelligence Research state that Apple's iPhone 5 sales account for 52% of the company's smartphone sales. The figure of iPhone 4S corresponds to 30% of the sales while the one of iPhone 4 only reaches 18%.
The sales Phone 5 seem to be occupying more than half of all iPhone sales, figures registered nine months after the launch of newcomer. Whereas the earlier model, iPhone 4S, accounts for almost three-quarters of iPhone sales nearly a year after its launch. Last but not the least, iPhone 4S had 90 percent of all iPhone sales in the immediate after-launch period , compared to about 70 percent for iPhone 5.
Apple Buys an Israeli Firm that Created the Kinect's 3D Sensor
Latest rumors prove that Apple wants to buy an Israeli company called PrimeSense, which once worked on a camera technology now used in XBox 360’s Kinect sensor. The sum of acquisition, according to Calcalist, is $280 million. Moreover, the insiders claim that both sides have nearly reached an agreement.
Apple is hiring experts to boost iPhone sales
It’s widely known that Apple is searching for ways to boost iPhone sales. One of the measures to be taken is employing new staff, experienced in retail sales. The following message was published last week on international Apple Retail Employees. Those who consider themselves suitable for the job will have to give in their ideas and eligible ones will be offered an 8-week business trip to Apple’s headquarters in Cupertino.
