By Christian Zibreg on May 9, 2013
Just a day after contract manufacturer Pegatron warned investors its second-quarter earnings could drop up to 30 percent due to softening demand for iPad mini, other tablets, e-books and games consoles comes word that the company has ramped up hiring as it needs an additional 40,000 workers on top of its existing 100,000 employees.
The 40,000 additional workers are needed to presumably assemble a rumored less-price iPhone model for Apple, Reuters speculated Thursday, reiterating it heard from suppliers that Apple is indeed “developing a cheaper model of the phone” in order to broaden its sales base to lower-income buyers in growth markets such as China and India… Read More
By Christian Zibreg on Apr 10, 2013
Hon Hai Precision Industry, also known as Foxconn, assembles many Apple products, including iPhones and iPads.
And with an estimated 60 to 70 percent of its revenues owed to the Apple orders account, Foxconn’s earnings are scrutinized for any possible hint which could point to increasing or decreasing demand for Apple products.
Today, the contract manufacturer has posted a nineteen percent decline in sales in the first quarter compared with a year earlier. As you’d expect, Reuters immediately speculated the numbers are down because the company is “hurt by disappointing demand for the iPhone”… Read More
By Christian Zibreg on Mar 13, 2013
This past Sunday, Bloomberg reported that Apple CEO Tim Cook may be required to testify in an antitrust lawsuit the United States Department of Justice filed against it and major e-book publishers over an alleged price fixing of e-books. Reuters confirms today that U.S. District Judge Denise Cote in Manhattan granted the Justice Department’s request to compel Cook to sit for a deposition.
The Judge said the death of Jobs was a key reason in ordering the deposition. Cook will be testifying for four hours in the lawsuit, a risky move for the CEO and potentially damaging to Apple. The Cupertino company is now the main target of the suit after all named publishers had settled with regulators… Read More
By Christian Zibreg on Mar 11, 2013
Apple’s contract manufacturer Hon Hai Precision Industry – also know in the Western world as the controversial Foxconn – and Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest independent semiconductor foundry, will each add 5,000 new jobs just as Apple is conveniently expected to refresh its existing product families and possibly venture into the HD TV and smartwatch markets. If true, the report could also explain “the worst February” Topeka Capital has seen in terms of Apple’s supply chain procurement of components… Read More
By Ed Sutherland on Feb 21, 2013
In the contest for coolness, the amorphous concept potentially driving young consumers to smartphones, tablets and other devices, Apple has some competition. While the iPhone maker is seen as cooler now than previously by 60 percent of 18- to 29-year-olds, even more people point to Android as the king of cool.
Even more surprising is Microsoft apparently isn’t your father’s software giant. The Windows maker – long viewed as buttoned-down and behind the technology curve – has revamped its image, thanks largely to the firm’s smartphone and Surface tablet… Read More
By Christian Zibreg on Jan 11, 2013
Here’s something for naysayers to chew on: Reuters, the respectable news gathering organization, Friday morning issued a clarification stating it had withdrawn the story that was originally published under the headline “Apple exec dismisses cheaper iPhone as a market share grab — report”. It’s not clear what prompted Reuters to rescind its report sourced from an interview Apple’s marketing honcho Phil Schiller gave to the Shanghai Evening News.
iDB also cited that Chinese newspaper interview, in which Schiller reportedly claims that “despite the popularity of cheap smartphones”, a so-called budget “will never be the future of Apple’s products”. It’s unclear why Reuters has now distanced itself from Schiller’s denial concerning the so-called iPhone mini project.
Managing Editor Matthew Panzarino of The Next Web has verified with Apple that it’s an official interview and Reuters relayed his claim. Later yesterday, however, the news organization updated its original interview story after the Shanghai Evening News made “substantial changes to its content”, but didn’t give the specifics.
Friday morning, Reuters retracts its story altogether. It’s an interesting turn of events no matter how you look at it, one that raises new questions. Like, why would Reuters risk its credibility by pulling the Phil Schiller budget iPhone story, despite the supposed confirmation from Apple? So… What do you make of this? Read More
By Christian Zibreg on Aug 2, 2012
Sharp president Takashi Okuda today confirmed to Reuters that his company will begin shipping displays for Apple’s sixth-generation iPhone this month. This is the first time to my knowledge that a major supplier officially confirmed an unreleased Apple product, even if he didn’t give a more specific date for shipments beyond this month. The panels will be four inches corner to corner, 30 percent bigger than current iPhones, sources told the news gathering organization… Read More