Posts tagged "quest"

Apple Production Cut Confirmed

UBS analyst Maynard Um corroborated claims from earlier this week that Apple would be cutting their production. Friedman Billings Ramsey analyst Craig Berger stated that Apple would be cutting their iPhone 3G production by a 40%. Now Um has found evidence in the supply chain that iPhone levels are down by 1.7 million to 2.3 million.

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SingTel Reports 170k 3G Sales, Subsidies Digging Into Earnings

SingTel, the official iPhone carrier in Singapore, Australia, and the Philippines and India, has announced that they have sold 170,000 iPhones since they launched the handset in early July and late August in their respective countries. Not all the news is good, however. They're claiming now that the heavy subsidies they're providing are really starting to dig into their profits.

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Analyst: Apple To Cut iPhone 3G Production By 40%

According to a report by Craig Berger, analyst with Friedman Billings Ramsey, Apple has cut their Q4 production of the iPhone 3G by more than was anticipated. Onlookers were expecting them to cut production by around 10% as a sequential production drop, but Berger claims Apple may cut it by "more than 40%" than their Q3 numbers.

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Apple Rises To #6 US Phone Supplier, Growth Driven By Low-Income Households

Growing iPhone sales have placed Apple among the top ten cellphone suppliers in the US, moving to the number six spot, bumping RIM off the bottom of the list. The company snatched 2.3% market share in Q3. Surprisingly, despite the apparent oncoming economic downturn, much of the sales seen during the quarter came from low-inome households.

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Rogers, Softbank Report Strong Q3 Demand For iPhone

iPhone carriers across the world are seeing significant increases in profit due to the device, according to a recent report. Both Canadian carrier Rogers Wireless and Softbank in Japan reported strong demand for the device, with the Japanese carrier reporting a 1.9% climb in the September quarter.

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Analyst: $99 iPhone Feasible, Would Spell World Domination

Analyst Charlie Wolf with Needham Research released a research note earlier today that Apple may be wise to slash the price of the iPhone down to $99. He suggested that the company has room to do so financially, and the new, drastically more affordable device would allow them to take control of the smartphone market.

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iPhone 3G Raking It In For AT&T, Too

AT&T posted their 3Q earnings earlier today. Not surprisingly, they reported strong gains from their wireless devision this quarter. AT&T saw 2.4 million iPhone 3G activations this quarter, with 40% of which were new to AT&T. As you can imagine, the company greatly values smartphone subscribers like iPhone owners due to the expensive data plans that have "significantly higher [average revenue per user] and lower churn than postpaid subscriber average."

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Apple Already Passed 10 Million Sales Goal?

A user on the MacObserver forums has been compiling iPhone IMEI numbers onto a public spreadsheet, and according to his findings, Apple may hav already reached their 10 million unit goal they proposed last year. According to the sequential Type Allocation Codes (TAC),Apple has already manufactured 9.2 milliion iPhone 3Gs.

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30% iPhone 3G Owners In US Switched To AT&T From Other Carriers

If you too were enticed by the iPhone 3G to dump your previous phone and wireless carrier like an un-cool, un-shiny sack of garbage, then you probably won't be too surprised to hear this but market research firm NPD Group recently released a report in which they found that nearly one in three iPhone 3G customers in the US switched to AT&T from another carrier to get an iPhone. They also found that the iPhone 3G topped smartphone sales in it's category.

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Apple Threatens To Close iTunes Music Store Pending Copyright Board Decision

Apple is threatening to close down it's massively popular iTunes Music Store pending a ruling this Thursday by the Copyright Royalty Board in Washington, D.C. The National Music Publishers Association is demanding that Apple raise their rates from $0.09 per track to $0.15, a 66% increase. However, Apple refuses to raise the price for consumers, and rather than absorb the cost and operate at a loss, they would simply close the store down.

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