By Christian Zibreg on Feb 7, 2014
Following notable excerpts from Daisuke Wakabayashi’s interview with Tim Cook in The Wall Street Journal, the financial newspaper has now posted the whole thing on its Digits blog.
The full interview gives us a more detailed insight into the mindset of Tim Cook’s Apple as the CEO discusses recent topics of interest, including Lenovo’s $2.9 billion purchase of Google’s Motorola Mobility unit and additional information regarding Apple’s share buyback program.
He also took time to touch upon the ongoing discussion concerning supposedly bigger iPhones in the pipeline, the current products not yet hitting the ceiling and lots more. I’ve included the best quotes and tidbits for your reading pleasure after the break… Read More
By Cody Lee on Jan 31, 2014
When news hit earlier this week that Google had agreed to sell its Motorola Mobility unit to Lenovo for $2.9 billion, it surprised a lot of people. Not only was the sale price some $10 billion below what Google paid for Motorola 3 years ago, but Lenovo? Where’d that come from?
According to a recent Fortune interview with Lenovo CEO Yuanqing Yan, that was the plan all along. Yan says that his company has been eyeing Motorola since before Google came along , and it has major plans for it. Lenovo wants to become the #1 smartphone-maker in the world… Read More
By Cody Lee on Jan 29, 2014
Well this is an interesting turn of events. It appears that Google has decided to sell its Motorola Mobility arm to electronics giant Lenovo for $2.91 billion. The deal is said to include the entire Motorola division and some 10,000 of its 17,000 patents.
If the deal gets approved, Google would be selling Motorola for far less than the $12.5 billion it paid for it back in 2011. It looks like it’s holding on to some of Motorola’s IP though, and retaining licenses to its other patents, so it wouldn’t be a total loss…
By Ed Sutherland on Mar 11, 2013
An interesting report on what smartphone brand is leading in China leaked over the weekend. It’s interesting because most market updates are distributed far and wide. Instead, the South Korean news agency Yonhap published a private report indicating that country’s Samsung leads Apple and others in the huge mobile marketplace.
According to the Strategy Analytics report obtained by Yonhap, Samsung is the number one brand in China with 17.7 percent of the market during 2012. Intriguingly, Samsung’s rise coincides with a plummeting Nokia, which previously held the top spot… Read More
By Ed Sutherland on Dec 7, 2012
Apple’s standing in the growing China smartphone market has taken another hit, slipping to #6 during the third quarter, research firm IDC announced Thursday. The drop comes as the iPhone maker faces concerns its iPhone could lose ground to other smartphone makers, such as Samsung and Nokia, whose handsets cover a wider range of price points. Apple share of smartphones shipped to China fell below ten percent during the quarter, a drop which coincides with Chinese smartphone shipments topping 60 million handsets, a new high…
By Ed Sutherland on Nov 28, 2012
China is going nuts over the iPad as Apple’s tablet commands more than 71 percent of sales in China. That’s welcome news for Apple which has watched Samsung and other competitors erode its once secure market share. Apple’s lead in tablet sales among Chinese consumers has remained steady over the past six months.
The latest third-quarter market figures show Apple’s position slid just one percent from the previous period. It’s unclear, however, how long China’s love affair with the iPad will last. Two home-grown tablet firms are #2 and #3, with Samsung a distant fourth… Read More
By Ed Sutherland on Nov 20, 2012
China is fast becoming a key market for Apple and other smartphone makers looking to cash-in on the nation’s enormous population. However, the top player in 2013 could come from closer to home. Lenovo is expected to become China’s leading smartphone brand next year, up from its current #2 slot, one research firm announced Tuesday.
According to Gartner, Lenovo’s share of the smartphone market rose to 14.8 percent in the third quarter of this year, a dramatic increase from a year ago, when the company held just 1.7 percent of the market. That puts its Android-powered LePhone within striking distance of Samsung, which is the leading smartphone maker in China with 16.7 percent of the market.
What advantages does Lenovo have? Name-recognition and reasonable pricing, the latter being of the utmost importance in China… Read More
By Christian Zibreg on Nov 8, 2012
More than ever before, Apple’s iPhone faces relentless competition, namely in markets where Android cheapos are all the rage. China, home to 1.33 billion people, is Apple’s fastest-growing market, amounting to an ever-growing portion of its fortunes. But Apple’s China problem is two-fold. First, the company’s retail presence in such hugely important market leaves a lot to be desired, even with new flagship stores such as the recently introduced massive Beijing outlet. And second, China’s buyers have always been price-sensitive. Outside the elite, folks are picking up inexpensive phones in droves, with local Chinese vendors happily providing low-cost handsets… Read More
By Guest Author on Aug 22, 2011
There was no shortage of media coverage last week as Apple officially passed Lenovo in revenue by hitting $3.8 billion on Lenovo’s home turf of greater China (thanks largely in part to the iPhone and iPad).
However, according to a report from the FinancialTimes, Lenovo CEO Yang Yuanquing doesn’t want to believe the numbers claiming the comparison is unfair. His reasoning? Basically, Lenovo’s phone business doesn’t make as much money as Apple’s… Read More