News from category ‘Financial’

A study by retail analysis firm RichRelevance released on Friday notes that Apple's iOS dominated mobile online shopping in 2011, holding just over 92 percent of the market, reports Market Watch. iOS users spend 19 percent more than those using Google's platform on mobile purchases.

The study has analyzed 3.4 billion shopping sessions between April and December 2011. The iOS devices share in mobile sales grew from 88 percent in April to over 92 percent in December. This proves that Apple's iOS growth continues to lead the market in many ways including online browsing.

“The numbers across our retailing partners sites demonstrate just how powerful the iOS platform is enabling mobile web shopping and, while still below 5 percent in total conversion, mobile traffic’s doubling in eight months is a trend we only see accelerating,” said Rich Relevance CEO David Selinger.

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Gene Munster with Piper Jaffray said in a note to investors on Wednesday that as Apple did not redesigned several major products in 2011, the analyst suggest that significant changes could be made in 2012. Among such changes are said to be redesigned rumored iPhone 5 that is predicted to debut in the middle of 2012, as well as an expansion of the iPad lineup into both lower and higher price points.

The launch of a so-called "iPhone 5" in 2012 would set the stage for outperformance in 2013, in Munster's eyes. He offered two scenarios for Apple's products in 2013. According to the first scenario, Apple will sell 142 million iPhone units, good for an 18 percent increase in revenue. According to the more successful scenario, Apple will sell 162 million iPhone units throughout 2013, amounting to a 35 percent increase in revenue. As for a total revenue growth for Apple in calendar 2013, Munster suggests that the growth will reach 14 percent, but he noted that such estimates are rather conservative. More prospective scenario shows that Apple’s revenue will increase by 28 percent in calendar 2013.

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According to a new study released by market research firm Distimo, despite the proliferation of handsets running Google's Android OS, which now accounts for 53 percent of the mobile smartphone market, Apple's U.S. App Store remains the top marketplace for mobile downloads. But Chinese App Store sales continue to grow and may even bypass Apple's U.S. App Store numbers in 2012.

Over the course of 2011, Apple's iPhone app sales saw a steady decline month-to month, though Distimo blames the lull on the later than usual release of the iPhone 4S. The lowest point of the year occurred in September when anticipation for the 4S was highest, and was followed by a spike upon the handset's debut. Peak revenue for the U.S. App Store came a little over a month after the newest version of Apple's smartphone was released. The same "anticipation effect" was seen in app sales for the iPad, as downloads declined in January and February only to pick up steam after the iPad 2 was released in March.

China now demonstrates a strong increase in downloads through 2011 and may surpass the U.S. App Store in 2012.

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Fortune reports that Walter Isaacson, author of Steve Jobs biography, may not yet be finished working on the book. Isaacson currently has several ideas how to expand the authorized biography. Не is going to describe more fully the events surrounding Jobs' death in early October or to add extensive annotations to the existing content.

The author discussed potential plans for expanding the already 630-page book in the future. One possibility is doing an extensively annotated version. Another is writing an addendum that addresses the period surrounding Jobs' death. Fleshing out the details seems like a logical next step, since Isaacson believes the Apple (AAPL) CEO's story will be told for decades or a century to come. "This is the first or second draft," he said, referring to his book's role in documenting Jobs' life. "It's not the final draft."

Steve Jobs biography by Walter Isaacson has already became Amazon's best-selling print book in 2011 and named the company's best-selling new release of 2011 for combined print and digital sales.

A couple of days ago Apple began replacing recalled first-generation iPod nanos with current-generation units. The users are beginning to report in that they are indeed receiving the current models.

Just received our replacement today - Fedex truck pulled up late in the evening. Inside was our replacement for our 1st gen ipod nano that was sent into Apple 1 month ago.

It's a 6th generation ipod nano, serial number shows that warranty has expired. Not sure if that means that it's a refurbished model or if it's a brand new model and they've deactivated the warranty. It's silver.

Initially Apple replaced the recalled first-generation units at risk of overheating with refurbished first-generation models. But the company seems to have run out of first-generation units soon and is now supplying users with current-generation units as replacements.

Apple’s oldest iPod was launched in September 2005. It utilized a click wheel for navigation and contained a 1.5-inch screen. Battery life was advertised at 14 hours of music playback and four hours of photo slideshows with music.

According to Hebrew-language newspaper Calcalist, Apple finalized its acquisition of flash memory maker Anobit, which is said to have been recently informed their employees about the finalized deal.  The final price remains unknown, but could be in between $400 million and $500 million.

The reported goal of Apple's acquisition of Anobit is to increase the amount of memory in its portable devices, like the iPhone, iPad and MacBook Air, as well as to improve the reliability of solid-state memory. Apple is now expected to build a development center in Haifa, where Intel, Google, Microsoft, Yahoo and Qualcomm also have facilities. The Anobit purchase is believed to be the first acquisition for Apple with Tim Cook as CEO.

Anobit is a 200-employee Israeli fabless semiconductor company that specializes in flash storage. Anobit has about 100 pending and granted patents, and was first founded in 2006. Apple is said to be particularly interested in the company's proprietary memory signal processing technology and planning to build a semiconductor development center in Israel.

Apparently, Apple and Samsung are not going to stop their war involving numerous lawsuits related to alleged patent and design infringement in their tablet and smartphone products. According to Bloomberg, this time Apple has sent a notice of infringement to Samsung over the company's tablet and smartphone cases. The company plans to pursue legal action

Apple Inc., which on Dec. 9 lost a bid to keep Samsung Electronics Co.’s Galaxy 10.1 tablet out of Australia, claims the case for the device and cases for Samsung phones infringe its patents and registered design.

Apple issued the notice of infringement to Samsung in Australia over the cases, and will file a statement of claim, Apple’s lawyer Stephen Burley said at a hearing in Sydney today. Samsung’s lawyer Katrina Howard said at the same hearing the company was served with the notice that the cases infringe at least 10 patents.

To be honest, Samsung’s "Smart Case" for the Galaxy Tab 10.1 closely resembles the iPad 2 Smart Cover. The company quickly clarified that the product was not in fact approved by Samsung and was immediately pulled before it had begun selling. Though Samsung offers several styles of cases for the Galaxy Tab 10.1 at that moment, it is not clear which one Apple is considering to infringe its case designs.

Citing findings by research firm GfK, the Financial Times reported on Monday that Apple’s iPhone 4S accounted for nearly one out of every four smartphone sales in the UK during the lead up to the holiday season and retains the best-selling smartphone in the UK.

During the first week of December, five versions of Apple's handset, including the two and a half year old 3GS, ranked as one of the top 15 smartphones sold and took over 37 percent of a smartphone market that nearly doubled in size between Feb. 2010 and Aug. 2011. According to figures from Ofcom, the U.K.'s government-approved regulatory authority for telecommunications, 46 percent of all mobile users are now smartphone owners.

Apple’s rivals are also showing significant grown in sales. The second best-selling smartphone in the UK is Samsung's Galaxy S II and three versions of RIM's BlackBerry Curve all landing in the top ten. Noticeably absent from the top-selling handsets was Nokia. The company's new partnership with Microsoft has yet to bear fruit. The Windows Phone 7-based Lumia line failed to crack the top ten handsets sold in the UK after.

Research in Motion is struggling now for its share of the mobile market. But the price of  its stocks is getting lower and lower, so the company is worth less than the estimated value of just Apple's App Store. An analysis from Trefis' Brian S. Hall notes that at a price of $13.44, RIMM stock finished last week at a total value of just $7.04 billion, less than the $7.08 billion that Apple's App Store is estimated to be worth. As for the whole Apple company, AAPL stock has a market cap of $354 billion, or more than 50 times greater than RIMM.

"The App Store is probably worth more than BlackBerry," Hall wrote. "All of BlackBerry. Just the App Store. Nothing else. Not the iPhone or iPod. Not Mac. Just the App Store."

App Store is now one of the key components of Apple’s success. Just a year of Apple's iTunes Store and App Store’s operation costs Apple $1.3 billion, but last year only developers received $2.5 billion in payments in the App Store. According to a last week report, iOS applications bring in 300 percent more revenue than their Android counterparts.

RIM's stock has been showing decline in the price since the company announced last week that BlackBerry shipments reduced year over year while the company managed to ship just 150,000 PlayBook tablets last quarter. Moreover the company delayed the release of its next-generation smartphone operating system, BlackBerry 10, until the second half of 2012.

Analyst Mark Moskowitz with J.P. Morgan expects that MacBook Air sales will reach an average of 1.6 million units per quarter over the next 12 months. In the third quarter of calendar 2011, Apple sold 923,000 units of the MacBook Air, representing 838.6 percent year-over-year growth. Comparing with the previous quarter MacBook Air sales grew by 43.8 percent, outpacing total Mac unit growth of 17.1 percent.

China is now becoming a strong driver for growth of MacBook Air sales. Last quarter, MacBook Air units grew 339 percent year over year in China, versus 76.5 percent for the rest of the Mac lineup. Moreover, notebooks based on Intel's Ultrabook specification are highly unlikely to be a significant threat to the MacBook Air.

"In general, we think that Ultrabooks are highly-discretionary devices, and pricing on competitive offerings must fall below $800 before posing a viable threat to Apple's MacBook Air," he wrote in a note to investors. "In our view, Apple's first mover advantage and optimized feature set and form factor command a higher price that early adopters, productivity users, and Apple enthusiasts are willing to absorb."

On Monday Apple revealed that over 100 million downloads were made via its Mac App Store in less than one year of availability.

"In just three years the App Store changed how people get mobile apps, and now the Mac App Store is changing the traditional PC software industry," said Philip Schiller, Apple’s senior vice president of Worldwide Marketing. "With more than 100 million downloads in less than a year, the Mac App Store is the largest and fastest growing PC software store in the world."

There are now more than 500,000 applications in App Stores for iOS and the Mac that were downloaded more than 18 billion times. More than one billion applications are downloaded per month there. Noteworthy, Apple Stores helped developers achieved success with their applications. Here some comments from the developers whose applications are now available in the Mac App Store.

"The Mac App Store has unparalleled reach and has completely transformed our distribution and development cycle," said Saulius Dailide of the Pixelmator Team. "Offering Pixelmator 2.0 exclusively on the Mac App Store allows us to streamline updates to our image editing software and stay ahead of the competition."

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Today market research company Strategy Analytics reported on its research which covers «connected TV players», such as Ruku and Apple TV. The report shows that Apple is expected to reach sales of 4 million Apple TV boxes for 2011, leading the growing market with a 32 percent share.

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According to Reuters, on Tuesday the first-instance court for all French patent litigation ruled against Samsung's request for a preliminary injunction against the iPhone 4S because the court found that Samsung's arguments against the iPhone 4S, so-called FRAND patents, were exhausted. That means that the South Korean company's use of 3G-essential patents against Apple will see worldwide failure.

"The court furthermore held that Samsung's request for an injunction was "disproportionate" and stated that this fact was apparent, without citing particular reasons for this finding," Reuters says. "Some of what the French ruling says indicates that Samsung's use of 3G-essential patents is going to fail everywhere at least as far as the iPhone 4S is concerned."

The French judge who rejected to issue the ban on Apple’s iPhone 4S made clear that Samsung was mishandling its FRAND obligations, noting that a holder of standards-essential patents is not allowed to capitalize on its "necessarily dominant position." "The French ruling makes it clear that there's every indication that Samsung's patent rights are exhausted and Apple is, therefore, effectively licensed," Reuters writes.

Now Apple and Samsung's global disputes over patent infringements have seen more than 30 filings in at least 12 courts in 9 countries that span over 4 continents. And it seems that the battle is far from the end, because patent cases are complex, and courts prefer not to make such decisions on the fast track.

UBS (Investment Firm) analyst Maynard Um now believes Apple will sell as many as 30 million iPhones in the December quarter, up from a previous estimate of 28 million. The firm changed its expectations for the iPhone sales because of AT&T's announcement that it expects its best smartphone quarter ever thanks to the iPhone 4S.

The firm didn’t change its predictions for the iPad. It still expects that Apple will sell 12 million units in the fourth quarter of 2012 and may achieve 13 million iPads because of seasonal boost during the holidays. UBS numbers are quite conservative due to its belief that "there might be a slight shift in consumer preference to the company's Macbook computers." Um said customers may not be able to buy multiple Apple products simultaneously and could instead elect to purchase larger ticket items with more functionality.

In light of the expected iPhone upside, UBS raised its revenue estimates to $38.5 billion, up from $37.2 billion. The firm now expects earnings per share to reach $9.90, compared to a previous projection of $9.47. For fiscal 2012, Um sees Apple bringing in $142.7 billion in revenue and $35.83 EPS.

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Apple has reportedly submitted revised plans for their so-called "Spaceship" campus. The company plans to break ground on the project next year and open the facility in 2015. This mega-campus in Cupertino, Calif., is expected to provide Apple with approximately 2.8 million square feet for up to 13,000 employees. Late Apple co-founder Steve Jobs personally presented the original plans for the campus to the City of Cupertino in June. Following Jobs' presentation, city officials quickly voiced support for the project. Jobs described it as follows:

It's a pretty amazing building. It's a little like a spaceship landed. It's got this gorgeous courtyard in the middle... It's a circle. It's curved all the way around. If you build things, this is not the cheapest way to build something. There is not a straight piece of glass in this building. It's all curved. We've used our experience making retail buildings all over the world now, and we know how to make the biggest pieces of glass in the world for architectural use. And, we want to make the glass specifically for this building here. We can make it curve all the way around the building... It's pretty cool.

The City of Cupertino posted an update to the company's "Apple Campus 2 Project" on Tuesday evening. Though most of the new renderings are higher-quality versions of the original design, some of the images show a darker color for the structure's roof. Other changes include addition of parking plans, drawings for a private jogging path and a proposed expansion of the corporate fitness center from the original proposal of 25,000 square feet to 45,000 square feet.

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