Yesterday LG Display's Chief Executive Officer Kwon Young-Soo revealed that LG cannot currently produce enough iPad displays for Apple.
"Demand (from Apple) keeps growing and we can't meet it all."
It was also said that LG is going to increase the production of such displays but the demand will be met only presumably in the second quarter of 2011.
Even Apple didn't expect the iPad will be so popular, according to its Chief Operating Officer Tim Cook. Last financial quarter there were 3,27 million iPads sold. But that will not slow sales down - this Monday Apple announced that since Friday the iPad will be available for sale in nine more countries.
It is interesting that while LG cannot meet the iPad display demand it had already invested over $500 million in producing its own mobile phones and tablets.
According to The Wall Street Journal, last week Chinese Telecommunication Equipment Certification Center approved Wi-Fi enabled iPhone to be put on sale soon in China. The problem is that on the accompanying picture it is clearly seen that the approved device is the iPhone 3G or 3GS, but certainly not the iPhone 4.
Apple’s smartphone went on sale last year, but it was Wi-Fi disabled because technology's standard was temporarily banned by the Chinese government. In May 2009 the ban was relaxed. Read the rest of this entry »
According to yesterday’s announcement, Apple have sold three million iPads during the first 80 days on the market since the device was launched in the US on the 3rd of April with Wi-Fi only models. To sell 2 million, it took approximately 60 days, so it can be said with certainty that the sales of the iPad are accelerating.
Apple’s CEO Steve Jobs says that people are loving iPads and it’s becoming part of their lives. The company is working hard to allow more and more people to use this wonderful device, and next month the iPad will be available in 9 more countries: Singapore, New Zealand, the Netherlands, Mexico, Luxembourg, Ireland, Hong Kong, Belgium and Austria. The information on the prices and pre-order for these countries is expected to be revealed soon.
According to the press release, more than 11,000 iPad-specific applications are now available in the App Store.
If your iPhone 4 is pre-ordered – congratulations to you! You will be probably getting it very very soon. However, if you didn’t preorder, you’ll have to wait 6 more days, till June 29, to buy your iPhone at AT&T.
It’s no wonder that the date has been delayed, what with the mess the pre-ordering system was in and the fact that all the devices were sold out in less than one day. The pre-order sales of the iPhone 4 began on June 15 and they were 10 times as high as those for the iPhone 3GS last year on its first day. The company reports that they are happy to see the excitement around the new device and they are trying to help as many buyers as quickly as possible. As it was announced last week, the priority is to fulfill the pre-orders first.
AT&T is now in the middle of delivering iPhone 4 to those who preordered it on June 15. Here are some guidelines for the buyers getting iPhone 4 from AT&T:
Yesterday AT&T suddenly entirely stopped accepting iPhone 4 preorders. The company said that it was the busiest online sales day in its history.
Meanwhile AT&T's site started to show old information on iPhone 3GS prices, that was actual before iPhone 4 was announced. Some people also claimed they were shown info that wasn't theirs on AT&T's and Apple's site (the latter sometimes pulls information from AT&T's site to verify shipping address). Read the rest of this entry »
After yesterday's introduction of iPhone 4 most of the Wall Street analytics expressed their opinions about new device. Everybody is satisfied and certain about new handset's upcoming popularity and that it will boost sales for Apple again. Here are the words of people to whom we are referring frequently. Read the rest of this entry »
This Tuesday Adobe revealed its new digital viewer technology for creating e-magazines that can be viewable on touchscreen devices like Apple's iPad.
The technology was first demonstrated when the iPad version of Wired magazine was introduced. We wrote that Adobe had to rewrite the software in Objective-C for Apple to approve it. Since the release iPad Wired edition stays near the top of the App Store sales chart with its price $4,99.
Here's what the vice president of Creative Solutions at Adobe David Burkett said about new technology:
"We aim to make our digital viewer software available to all publishers soon and plan to deliver versions that work across multiple hardware platforms. It's safe to say that if you are already working in InDesign CS5, you'll be well on your way to producing a beautiful digital version of your publication."
Judging by the Wired iPad edition, new digital viewer technology can offer integrating videos, 360-degree rotatable images, slide shows and more directly into the magazine.
RBC Capital Markets analyst Mike Abramsky believes that approximately 600-700 thousands of iPads will be sold in June overseas. If he's right then the iPad will definitely become more popular that Mac as only 500,000 Macs will be reportedly sold in June. Read the rest of this entry »
Recently AdMob revealed a new metrics report that studied the numbers of iPhone OS and Adroid devices throughout the world. The company emphasized it was looking only at the devices that were at least once connected to the AdMob network:
"These unique device numbers are from the AdMob network only and reflect the adoption of our products and business operation. We don’t know what percentage of the total universe of iPhone and Android devices AdMob reaches. However we believe the data is useful on a relative basis given the large sample size of devices in our network."
Gene Munster, who is an analyst at Piper Jaffray, told yesterday that Steve Jobs won't allegedly make a surprise with presentation of the next generation iPhone at the WorldWide Developer Conference 2010. Because of numerous prototype leaks everybody expects the iPhone 4G to have thinner design, front-facing camera, improved battery and 5MP rear camera. But Gene claimed people should not expect that a Verizon-compatible model will be presented.
"We believe that it is unlikely that the next generation iPhone will be available at Verizon (or Sprint) at launch; rather, it is more likely that it remains exclusively available at AT&T in the U.S. at launch".
He also said Apple may start selling iPhone 3GS for $99 instead of iPhone 3G and provide a "limited demo" of new version of Mac OS X (10.7), that has all chances to support multi-touch technology as a key feature. But as we wrote before it looks like WWDC2010 will focus mainly on iPhone OS 4.0 so the preview of Mac OS X 10.7 will not allegedly happen.
Gene is assured that the presentation of iPhone 4G will have a positive influence on Apple's stock.
"...the new iPhone will likely drive unit sales beyond Street expectations, providing a positive catalyst for shares of AAPL in the coming months."
Today Katy Huberty, who is an analyst at Morgan Stanley, revealed a survey for investors that found out interesting forecasts about Apple. It is said that 58$ of all iPhone customers are going to upgrade their mobile device in 2011. In 2008 there were only 18% of them. That means that Apple will sell 18 million more iPhones in 2011. Such a big demand in turn can cause a 50$ drop in prices or $20 in case of service plans costs.
Morgan Stanley also predicted that Apple stock will rise to $310 and even to $400 if Apple is going to be more aggressive in its pricing policy. Read the rest of this entry »