Apple Inc. (NASDAQ:AAPL) may be gearing up for a rough period. DigiTimes reported on Friday that according to AU Optronics, (a company that makes supply panels specifically for the iPad Mini) will ship only 2.5 million to 2.8 million units during the second quarter of the calendar. This number is down from the 4 million they shipped first quarter. The report states, “AUO’s drop in the second quarter will also come as overall shipments...
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Apple Inc. (NASDAQ:AAPL)’s iPad usage metrics still far above competition. Apple Inc. (NASDAQ:AAPL)’s iPad expands lead in tablet use at the expense of Amazon.com, Inc. (NASDAQ:AMZN), Android, Microsoft Surface (Apple Insider, April 18, 2013) Summary IPads accounted for 81.9% of US and Canadian tablet web traffic in March, up from 80.5% in February. According to a report by online advertiser Chitika, traffic was essentially flat or slightly lower for competing tablets such as Amazon.com,...
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Apple Inc. (NASDAQ:AAPL) will report 2Q13(Mar) results on 4/23/13 after the close. Many analysts expect Apple to report at the low-end of guidance (revenue range $41B-$43B, consensus $42.6B), reflecting softer-than-expected demand for both iPhone5 and 10” iPad. Many firms covering Apple Inc. (NASDAQ:AAPL) have already lowered their already below consensus estimates for Apple, based on indications of continuing cuts to Apple’s supply chain. Citi notes in a report released on Sunday that while we have...
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Apple Inc. (NASDAQ:AAPL) not only has more loyal users than competitors, it also still has cool products. Piper Jaffray’s Gene Munster states that according to his most recent semi-annual Teen survey demonstrates that Apple Inc. (NASDAQ:AAPL) remains the most popular tech brand amongst teens. As of Spring 2013, the iPhone represented nearly half of all phones used by teens and the iPad remained at close to 70% share of tablet ownership. Gene Munster believes that...
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Apple Inc. (NASDAQ:AAPL) is expected to reduce the number of its shipments for the iPad Mini during the second quarter of 2013, according to a report from the technology news site DigiTimes, citing unnamed sources in the industry. According to the report, Apple Inc. (NASDAQ:AAPL) is planning to cuts its iPad Mini shipments to approximately 10 million from 12 million units. The estimate was based on the shipment information obtained from various sources who supplies...
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There are new reports that Apple Inc. (NASDAQ:AAPL) will launch the second generation iPad Mini, and this time it may feature Retina Display and an upgraded 9.7 inch iPad sometime during the third quarter of 2013. This report comes from CNYes. This report also announced that Apple Inc. (NASDAQ:AAPL) has yet to see a decline in iPad Mini shipments. The Cupertino-based company plans to ship out 55 million iPad Minis in 2013. Unfortunately, the increase...
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Apple Inc. (NASDAQ:AAPL)’s maiden attempt to test the prepaid waters in the U.S. seems to have not gone as expected. Last year, the iDevice maker had signed a couple of deals with Leap Wireless’ Cricket and Sprint Nextel Company (NYSE:S)’s Virgin Mobile prepaid brands, which saw the iPhone launch for the first time in the U.S. as a prepaid phone. Having largely penetrated the U.S. postpaid market, Apple Inc. (NASDAQ:AAPL) was looking to carry...
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Apple Inc (NASDAQ:AAPL) is likely to announce a new product in March or April, according to a new report from Pipper Jaffray’s Gene Munster. Hebelieves that looking at the history of time between Apple product launch events suggests that the company will introduce something new in March or April. Over the past two years, the Spring event has been iPad updates. While Apple just introduced the iPad Mini in October and made minor updates...
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Apple Inc. (NASDAQ:AAPL) will report its Dec. quarter next Wednesday, Jan. 23, after the close. Many analysts have become bearish, but some are still bullish about the tech giant’s future. Shaw Wu, an analyst at Sterne Agee, released his earnings forecast, and overall he is very bullish. We summarize his thesis below: Revenue And EPS For the December quarter, Wu predicts $54.4 billion in revenue and $13.70 in EPS vs. consensus at $54.5 billion and $13.34 in EPS. Wu...
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Apple Inc. (NASDAQ:AAPL) dropped significantly during September-October of 2012 (24% to be exact), now there are headlines and articles shouting something along the lines of ‘iPad mini is the doom of Apple’, ‘after Steve Jobs, Apple has no future’. All of this makes me wonder, do people even read them tabloid styled headlines? I’m not overly optimistic about Apple Inc. (NASDAQ:AAPL). I’m just applying lateral thinking to the market movement of Apple. It is a...
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Apple Inc. (NASDAQ:AAPL)’s iPad mini has run out of stock in Mainland China and Hong Kong, following its launch in the countries. The device received an overwhelming demand, which has literally tramped the availability of the 7.9″ iPad. In fact, analysts from Topeka capital believe that the iPad mini is already cannibalizing the demand for fourth generation iPad launched on the same day with the middle low end market device. The device seemed to...
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