iPhone 5

Apple retains European smartphone lead over rapidly-growing Samsung

The UK continues to be Apple's European fortress against the invading hordes of Android smartphones. That's the word from Internet firm comScore, which announced Monday most European cell phone owners have adopted smartphones. In the United Kingdom, Apple is holding onto a slim 4 point-lead.

Meanwhile, South Korea-based Samsung experiences double-digit growth. Germany is the only European nation where smartphone penetration has not reached at least 50 percent. In the UK and Spain, two countries where consumers have largely abandoned landlines, smartphone adoption is at 62.3 percent and 63.2 percent, respectively.

But the real story could be the tight race between Apple and Samsung, fueled by Android's growing presence in Europe...

Apple: China iPhone 5 sales top 2 million during opening weekend

Apple's stock price fell to a 10-month low on Friday on the back of analysts' reports that Apple has been cutting supply orders to balance out excess inventory, and a reportedly quiet iPhone 5 launch in mainland China.

But apparently analysts weren't talking to the right sources. This morning, Apple announced that it has sold over 2 million iPhone 5 in China, setting a new record with the best first weekend sales ever in the country...

Undercover journalists take video inside Foxconn iPhone 5 factory

The walls around Foxconn's larger manufacturing facilities are infamously well-guarded. The factories have been the source of a large amount of media criticism due to unfit working conditions, and they rarely, if ever, let press in.

So the folks of Envoyé Spécial, a French 60 minute-like TV program, had to go undercover to get into the Zhengzhou iPhone 5 factory to get the answers to their long-standing questions, like: are things really improving at Foxconn?

Here’s why AAPL hit 10-month low today

China's influence over Apple's financial health is growing. In fiscal 2011, the country accounted for sixteen percent of Apple's revenues. But is Apple's growth in China sustainable?

Friday, two analyst reduce forecasts amid what one described as a 'muted' response to today's iPhone 5 release in the world's largest market. As a result, Apple shares fell 3.9 percent to a ten-month low.

The decline also hurt a number of Apple's suppliers as the firm is thought to be cutting orders in order "to balance excess inventory". For example, Broadcom is down 3.13 percent and Qualcomm dropped 4.7 percent.

As a result, Jefferies analyst Peter Misek cut his iPhone shipment estimate for the first three months of 2013 to 48 million, down from 52 million. He also trimmed Apple's expected gross profit margin to 40 percent, down two percentage points...

Walmart discounts iPhone 5 to just $127, starting December 17

Just in time for my birthday, retailer Walmart is shaving $72 off the entry-level iPhone 5 with sixteen gigabytes of storage. Beginning December 17, you'll be able to purchase the device for just $127, that's $22 less than the lowest price we could find at RadioShack, Target and Best Buy, which all offer Apple's phone with a cool $50 discount (and some gift cards). Walmart is also offering the previous-generation iPhone 4S for just $47 and a fourth-generation iPad for $399, a $100 saving...

Has Google just won the iOS maps war?

http://www.youtube.com/watch?v=KEz1sSKCpIc

While most people consider the return of Google Maps to Apple's App Store an all-around positive, one observer sees the move as a 'mixed blessing' for club Cupertino. Not only is the familiar mapping application once again available, but the Android maker Google may now overshadow Apple's own efforts to make a difference in the increasingly competitive mobile mapping arena. As we reported yesterday, the new Google Maps for iOS is the top free app for the iPhone.

Indeed, Google admits the iOS app - which adds turn-by-turn directions - is superior to the Android version from a design standpoint. But for Google, returning to iOS means it also reconnects with iPhone users and a wealth of data...

Apple rolls out iPhone 5 in 33 new countries, here are launch videos

http://www.youtube.com/watch?v=X6FiR76k7Yw

Following an important debut in China yesterday, Apple on Friday rolled out the iPhone 5 to an additional 33 countries. In addition to the 1.33 billion people market of China, the device is now available in Albania, Antigua and Barbuda, Armenia, Bahamas, Bahrain, Bolivia, Brazil, Chile, Costa Rica, Cyprus, Ecuador, Grenada, Indonesia, Israel, Jamaica, Jordan, Kuwait, Macedonia Malaysia, Moldova, Montenegro, Panama, Paraguay, Philippines, Qatar, Russia, Saudi Arabia, South Africa, Taiwan, Turkey, United Arab Emirates and Venezuela. Go past the fold for nice launch clips from around the world...

iPhone 5 hits China to reclaim Apple’s lost market share

Following the iPad mini's debut in China a week earlier and the iPhone 5 arrival in South Korea, Apple today like a clockwork started sales of the iPhone 5 in China. While the handset is scheduled to launch in an additional 31 markets on Friday, including Russia, China is the top priority. Home to population of 1.33 billion people, China is a huge opportunity for the California-based company.

The company has only a few stores in China, but the country now accounts for fifteen percent of Apple's fiscal 2011 revenue, second only to US.

Monday, China Unicom announced more than 300,000 pre-orders for the device and rival China Telecom is thought to have similar figures. Unfortunately, China Mobile, the largest carrier in the world, will once again be sitting on the sidelines, thought its president is adamant that the iPhone deal is in the works.

Hopefully the iPhone 5 launch in China will help recover some of market share losses Apple suffered during the third quarter over an avalanche of inexpensive Android handsets and local brands...

Another survey says more than half want an iPhone 5 for Christmas

After getting off to a shaky start, more than half of consumers shopping for a smartphone plan to buy an iPhone 5, according to a new Wall Street survey. Likewise, Twitter chatter indicates a growing number of Internet users hope to find Apple's new handset under the Christmas tree.

Piper Jaffray's Gene Munster told investors Thursday that 53.3 percent of a group polled Wednesday said they plan to purchase the iPhone 5 over the next month. That number is just slightly below the 54.9 percent found in mid-October, following the new smartphone's launch...

UK’s Everything Everywhere announces LTE expansion to 17 new markets by March 2013

Everything Everywhere (EE), a joint venture between Deutsche Telekom’s T-Mobile and France Télécom’s Orange, launched UK's first commercial 4G LTE network on October 30 and today the company has announced a network expansion to seventeen new markets in the country, to be finished by March of next year.

The carrier powers UK's sole 4G LTE network so would-be iPhone buyers should be delighted to learn that its 4G density is “being increased on a daily basis"...

RadioShack price-matches Best Buy, knocks $50 off iPhone 4S/5 on any carrier

RadioShack previously lowered its asking prices for the iPhone 5 by a cool $25, but that was only for the AT&T version of the popular handset. Sweetening its holiday deal, the American franchise of electronics retail stores has now shaved $50 off both the iPhone 4S and iPhone 5, regardless of your preferred carrier. The retailer is basically price-matching Best Buy's promotion where they also knocked $50 off all iPhone 5 models. Go past the fold for additional terms and conditions...

Analyst projects higher iPhone sales, cannibalized iPad purchases

As we enter the last weeks of December, Wall Street analysts are adjusting their forecasts for Apple and its keystone products, the iPhone and iPad.

Sterne Agee's Shaw Wu Wednesday told investors increased supplies of the iPhone 5 likely means more sales, while tablet buyers are shifting toward the iPad mini, resulting in slightly fewer sales overall.

After talks with supply chain sources, Wu expects Apple to sell this quarter 47.5 million of the new handsets, up from his earlier projected 47.3 million units. As for iPads, the analyst trimmed his sales forecast to 23.5 million, down from 25 million. In both cases, supply was the critical factor...