News from category ‘Financial’
European Carriers Stockpiling Nano-SIMs Ahead iPhone 5 launch

Financial Times reports that European carriers have begun stockpiling the new nano-SIMs ahead the launch of the next-generation iPhone that will use the new standard.
Operators expect that the iPhone will feature the nano sim in a slimmed down design, according to two sources with knowledge of the situation, and have begun to store millions of the cards in warehouses in anticipation of high demand for Apple’s iPhone. Apple declined to comment.
Android and iOS represent over 90% of smartphone market in the U.S.
Nielsen, during the second quarter of 2012 smartphone use continued to increase in the U.S. where 54.9 mobile subscribers use smartphones as of June of this year. Among the acquirers who bought their smartphone in the last three months 36 percent said they chose an iPhone and 54 percent bought an Android smartphone.
Behind the Deal for Apple's North Carolina Data Center
GigaOM reports that Apple was initially interested in building its data center within an abandoned textile mill in the area, but then the company decided that the building would be too small for its needs.
Economic development officials in Catawba County, and a data center development group, had been talking with Apple for months to get the company interested in setting up its data center in town. Then the developer spent months making sure that an abandoned mill building — a remnant of the region’s days as a vibrant textile manufacturing area — would be ready to house the new facility.
Apple experiencing battery issues in development of next iPhone
An article at the Chinese news website Sina.com discovered by analyst Brian White with Topeka Capital Markets reports that only 30 percent of the battery volumes produced currently meet Apple's standards. One of the Apple’s key suppliers confirmed that report and noted that suppliers might have troubles providing batteries for the next iPhone that could meet Apple’s standards. Noteworthy, the unnamed battery vendor is reportedly working to solve the problem. As far as we heard, Apple planes to release its next-generation iPhone later this year.
iPhone Turning Five Years Old
Yesterday Apple’s iPhone celebrated its 5th anniversary. Since its launch in 2007, the smartphone generated the company $150 billion of cumulative revenues worldwide. Recognizing the milestone, Strategy Analytics offered its latest statistics, noting that Apple has shipped 250 million iPhones in the first five years since launch.
Apple to invest $1B in Nevada data center, business facilities
Reno Gazette Journal has reported that Apple plans to invest $1 billion over the next ten years into its Reno, NV project. According to online postings from city and county officials, the project will include a data center near Sparks, NV to support iCloud capabilities, as well as separately-located business and purchasing facilities.
Next-Generation iPhone Prototypes Reportedly Support NFC for Mobile Payments
9to5Mac has reanalyzed the previously-obtained code for the next-generation iPhone prototypes and found references indicating that the new smartphone would support NFC technology for mobile payments.
We’ve previously been able to pull data from PreEVT iPhone 5,1 and iPhone 5,2 prototypes codenamed N41AP (5,1) and N42AP (5,2), which leads us to believe that the new iPhone will have a bigger 1136×640 display. We also detailed a lot of the hardware here but forgot one very important little bit. Further investigation into this hardware code dump leads us to believe that these iPhones also have Near Field Communication (NFC) controllers directly connected to the power management unit (PMU).
Apple's 2012 profits forecast to be highest of any public company ever
The Wall Street analyst suggests that Apple could generate the highest annual net income of any publicly traded company in history this year.
As of Monday morning, Apple's market cap was at about $545 billion. Some Wall Street analyst have noted a rather interesting trend amongthe largest companies. Companies that exceed $500 billion in market capitalization have trouble growing much beyond that point. The analysts are concerned that a similar scenario could happen with Apple.
Apple reaches A$2.25M settlement with Australian regulator over 4G iPad
In March the Australian Competition and Consumer Commission (ACCC) accused Apple of falsely advertising its LTE-capable iPad in the country, filling its complaint against the company. Apple was advertising the device as 4G even though it was not compatible with LTE networks in Australia. Last month, Apple acquiesced to complaints and began rebranding its "iPad Wi-Fi + 4G" as the "iPad W-Fi + Cellular."
For Every Ten Apps That Developers Build, Seven Are Built For iOS
Ahead of the annual conferences of Apple and Google, analytics firm Flurry compared developer support for Android and iOS by analyzing data collected from over 70,000 companies and 185,000 mobile apps. Its findings show that for every 10 apps that are built by developers, seven are created for iOS (the graph bar above). The company also reports that Google and Apple have a joint market cap of nearly $750 billion.
55" Apple LCD TV for about $2,000
Piper Jaffray’s analyst Gene Munster suggests that Apple's full-fledged television set with screen sizes between 42 inches and 55 inches will be retailing between $1,500 and $2,000. Such product will be unveiled later this year and will hit the market about six months after it is announced and will be sold in the amount of approximately 110 million units, he believes.
Apple Purchasing Italian Audio Editing Software Company Redmatica
TechCrunch to a from Italian Fanpage saying that Apple intends to purchase a small Italian software company that develops audio editing apps such as AutoSampler and Keymap Pro.
Evidence of the purchase has been revealed in the weekly bulletin of Italy’s antitrust regulatory body AGCM. The most relevant portion of the bulletin published on May 28 said (English translation):
Sharp Will Share Technology With Foxconn For New iPhone Plant
Today Reuters , citing Japanese business newspaper Nikkey, that Sharp will provide its technology to Foxconn’s parent company Hon Hai for a new plant in Chengdu, China that will produce displays for Apple’s devices. The move follows the between Sharp and Foxconn in March that saw Hon Hai investing 844$ million in new Sharp’s shares for 11% stake of the company. Reuters said:
Apple to launch new iPad in Brazil, 29 other countries this weekend
Portuguese-language website G1 discovered that Apple announced the May 11 launch on its official Brazilian iPad page. Apple's new iPad will launch in a total of 30 new countries this weekend, with the largest among them Brazil. Most launches will occur this Friday, May 11, but a handful more in the Middle East will have a launch this Saturday, May 12.
Apple's assembly partner Foxconn recently began manufacturing devices in Brazil, and has opened plants intended for iPhone and iPad production there. Apple began selling iPhone 4 units built in Brazil in their home country in February, but thus far, production has been limited to the 8-gigabyte handset model, model number "MD198BR/A," and has not extended to version of the latest-model iPhone 4S.
Apple rockets up Fortune 500 list, still trails HP
Fortune has recently published its annual ratings of the 500 largest corporations in America and placed Apple on the 17th place. That means that the company managed to leap 18 spots from the last year 35th place.
According to Fortune, the iPhone maker's performance in the "Computers, Office Equipment" industry was topped only by Hewlett-Packard, which finished 10th overall. HP's revenue totaled over $127 billion compared to Apple's $108 billion, however the percent of change from 2010 was a stark contrast between the two companies which grew 1 percent and 66 percent, respectively. Apple's profit skyrocketed to nearly $26 billion representing an 85 percent change from 2010, while HP saw negative growth of 19 percent with a little over $7 billion in profits.
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