A recent report by Canaccord Genuity analyst Michael Walkley claimed that Apple is currently pocketing 52% of the handset industry's operating profits among the top 8 OEMs. And that's not just smartphones, that's the entire mobile phone market.
That's a staggering number considering Apple has only released 5 handsets in its short time as a phone-maker. How does Apple manage to pull in more money than other manufacturers, like Samsung or Motorola, that release dozens of new phone models a year?
Since the iPhone 4S debuted last month at Apple's "Let's Talk" iPhone event, everyone has been talking about one feature: Siri. Apple's digital assistant has become extremely popular, even outside the tech world.
Unlike most inventions that make their way into Apple's iOS products, Siri wasn't made in Cupertino. It was actually acquired in a deal rumored to be worth close to $200 million, making a handful of men instant millionaires. Meet Dag Kittlaus...
While he contributed seemingly incalculable amounts to technology, Steve Jobs was never known for his philanthropic efforts. There are rumors that the ex-CEO donated money anonymously, but he never used Apple or his celebrity status as a platform for giving.
This is yet another example of the differences between Jobs and his hand-picked successor, Tim Cook. In less than three months as Apple's CEO, Cook has already implemented an employee donation matching program. And it seems to be yielding impressive results...
In the months leading up to Apple's iPhone 4S announcement, the rumor mill had T-Mobile pegged as getting the handset. And with the country's number three carrier slated to receive the device, it made sense that number 4 would as well.
But on October 4, when Apple unveiled its latest smartphone, there was no mention of the operator. It isn't that T-Mobile isn't interested in carrying the smartphone, it's that Apple has yet to extend the offer. And the carrier will bleed customers because of it...
For years pundits and analysts wondered if Apple could survive without its visionary CEO Steve Jobs. And with the Apple founder's resignation earlier this year, and then tragic passing, it looks like they are going to get their answer.
But Apple's future doesn't look too gloomy. A majority of its key players are still with the company. And it doesn't look like they're going anywhere anytime soon, as several of them were just given millions of reasons to stick around...
With the holiday season just around the corner, handset manufacturers are counting on a strong finish to the 2011 sales year. And with smartphones and other mobile gadgets likely topping millions of wish lists this December, it's a fairly feasible expectation.
But of all of the tech companies in the mobile market, Apple likely has the most riding on a successful fourth quarter; considering it forecasted nearly $40 billion dollars ($10 billion higher than any previous quarter) in revenue for the three month period...
Nintendo reported a net loss of $923 million for the first six months of the fiscal year, revealing the drastic effect that the company's stance on mobile games has produced. Despite the fact that there has been huge consumer demand for Nintendo titles on mobile platforms like iOS, the company has been adamant that it doesn't plan on porting its games to mobile devices like the iPhone.
This last report was the first loss that Nintendo has seen in 30 years. This is believed to be caused by a number of factors, including the economy and rapidly slowing sales of Nintendo's Wii console.
Sprint has revealed that its deal to carry Apple's iPhone will run for four years, costing a whopping $15.5 billion.
The carrier has been criticised for the money it had to pay Apple to get the iPhone on its network, although, with AT&T and Verizon already sporting the iPhone on their networks, it's debatable whether Sprint really had any choice but to cough up the cash.
Fear not, Sprint shareholders, for your man in charge is confident that they can bleed customers dry, and ultimately, turn a profit...
Mint.com is known as one of the best personal finance services around, with apps on a variety of platforms. Although Mint has had an iPhone app for quite some time, it just now released an official iPad version in the App Store.
Mint for iPad gives users a visually interactive view of their finances and options for managing budgets.
Over the past few days, companies have been announcing their earnings for the previous quarter. As usual, this means that we get to hear iPhone sales numbers. Yesterday, AT&T announced that it sent 2.7 million iPhones out in Q3. So, how'd Verizon do?
Since its arrival back in Februrary, the iPhone has been Verizon's top-selling smartphone. Customers continue to pass up the carrier's all-star lineup of Droid devices for Apple's handset. Today, Verizon announced that it sold over 2 million iPhones last quarter...
Apple held a conference call yesterday, shortly after announcing its Q4 financial results.
The results made interesting reading, with Apple falling just short of the expected revenue figure of $29.41 billion, making a not-inconsiderable $28.3 billion instead.
The iPhone sold just 17.1 million units against the expected 22 million. But why such a difference between the two numbers, when the iPhone usually sells so strongly? According to Apple Chief Financial Officer Peter Oppenheimer, the rumor mill is to blame...
It's that time again, Apple has posted its earnings for Q4 just ahead of the company's quarterly earnings call. Apple set multiple records in the 4th quarter of the 2011 fiscal year, including quarterly revenue, and quarterly net profit.
But the Cupertino company's report doesn't come without some bad news. For the first time since 2002, Apple missed Wall Street's projected earnings, selling less iPhones and iPods than analysts expected. And shareholders are showing their disappointment...