Apple has been visited by a worm, a worm of financial loss. At its core, the problem stems from largely disappointing first-quarter news announced this week. This worm packs a punch: Apple’s stock has lost at least 10% of its value.
Glen Yeung, a Citi analyst, has made some claims in an investors note that was released today that may be cause for slight concern; he feels that the iPhone will give up some of its market share this quarter, even though 48 million iPhones were sold in the first fiscal
It would be incredibly difficult to complain at Apple right now as the company closes its strongest quarter to date, although Wall Street does beg to differ. Despite reports to the contrary, iPad and iPhone sales have remained a powerful force in sales as they both ascend further with unmatched numbers. With Apple brining in another billion-dollar figure to its stockpile of cash, follow us after the break as we break down the sales that led Apple to such an industry-leading profit - and why the market finds itself disappointed.
Cell phone carriers really want your business, so much so that they offer deals that seem almost too good to be true, especially when it comes to the coveted iPhone. It’s not unheard of for a customer to grab one of the devices for less than $200.
The fourth quarter of 2012 was extremely successful for Verizon Wireless as news has emerged that the behemoth sold 6.2 million iPhone units during that time period, according to the company’s Chief Financial Officer, Fran Shammo.
After eighteen months of running Apple following Steve Jobs’ untimely death, dark clouds have gathered above Tim Cook’s head: Apple is expected to report its first profit drop in a long time. This begs the question: Is Tim Cook a perfect fit for the CEO position, or should the Apple board
Over the weekend, we exposed what we felt was a suspect claim that the iPhone 5–and iOS 6.0.1–had been jailbroken and that an app that would make it possible for all was there for the purchasing. It turns out that we may have been correct to be skeptical.
We all know the iPhone 5 is feature-packed and effective, but many users enjoy jailbreaking their device, a process which “unlocks” the phone. Jailbreaking an iPhone can, among other things, enable the user to install apps that aren’t, for whatever reason, available in the App Store.
The National Rifle Association’s members are used to lining targets–living and otherwise–in their guns’ sights, but now the pro-gun association is finding itself the target of petition campaigns that are designed to remove the NRA’s iPhone app from the Apple Store.
Although the Internet is ablaze over rumors of a cheaper iPhone, it seems like the device itself has originated from a game of telephone; it is still a bewildering process trying to piece together whether it will actually surface or not. Nonetheless, if it does indeed come into fruition, then it would more than likely borrow from the current iPhone 5, the designed-on-a-stricter-budget iPod touch, and journey back to take design cues from the classic plastic iPhone 3G. From this conglomeration of released designs and rumors comes a very realistic gallery of images depicting what a next-generation, yet cheaper iPhone could look like.