Tag - RBC
Despite losing money on every Kindle Fire sold, Amazon more than makes up for it in terms of content users purchase for the device. According to a study from investment banking firm RBC, each Kindle sold results in $136 in additional income for Amazon over its lifetime.
HTC's lowered fall outlook may be a sign it expects to take a blow from the iPhone 4S, analysts pointed out Monday. Its expectation that it would only move 12 to 13 million phones, down from 13.2 million, was likely factoring in the effect of a Sprint iPhone on its sales, Baird analyst William Power said. HTC may consider Sprint its most important customer in the US and would want to reflect that in expectations, which were much lower than the 14.5 million phones that Wall Street had expected.
A new study by RBC analyst Mike Abramsky suggested Apple could get rapid adoption of the core services it rolled out with iOS 5. A full 76 percent of the 1,500 iPhone owners asked were either somewhat or very likely to use iCloud. Its value as online storage was likely to partly nullify one of Android's advantages and improve the "loyalty and stickiness" of iPhone users that might have otherwise jumped ship.
Motorola's Droid smartphone may have sold several hundred thousand units in less than a month, RBC Capital Markets analyst Mark Sue said in a research note today. Based on store surveys, the expert believes between 700,000 and 800,000 of the Android devices may have been sold since November 6th. Major Verizon stores could be selling as many as 100 to 200 Droids every week.
Palm's designs for the Pre and webOS have spurred RBC analyst Mike Abramsky today to upgrade his rating of Palm's stock, indicating that the smartphone creator may be a takeover target due to its appeal versus the iPhone. He now expects Palm to outperform market expectations and specifically cites the Pre's hardware and software advantages as potentially leading other companies to consider a buyout. Estimates would put the company's worth at about $15 to $16 per share, or about twice the going rate for Palm's stock.
Now AAPL Stock: 118.25 ( + 0.6 )
Cirrus creates Lightning-headphone dev kit
Apple supplier Cirrus Logic has introduced a MFi-compliant new development kit for companies interested in using Cirrus' chips to create Lightning-based headphones, which -- regardless of whether rumors about Apple dropping the analog headphone jack in its iPhone this fall -- can offer advantages to music-loving iOS device users. The kit mentions some of the advantages of an all-digital headset or headphone connector, including higher-bitrate support, a more customizable experience, and support for power and data transfer into headphone hardware. Several companies already make Lightning headphones, and Apple has supported the concept since June 2014. http://bit.ly/29giiZj
Apple Store app offers Procreate Pocket
The Apple Store app for iPhone, which periodically rewards users with free app gifts, is now offering the iPhone "Pocket" version of drawing app Procreate for those who have the free Apple Store app until July 28. Users who have redeemed the offer by navigating to the "Stores" tab of the app and swiping past the "iPhone Upgrade Program" banner to the "Procreate" banner have noted that only the limited Pocket (iPhone) version of the app is available free, even if the Apple Store app is installed and the offer redeemed on an iPad. The Pocket version currently sells for $3 on the iOS App Store. [32.4MB]
Porsche adds CarPlay to 2017 Panamera
Porsche has added a fifth model of vehicle to its CarPlay-supported lineup, announcing that the 2017 Panamera -- which will arrive in the US in January -- will include Apple's infotainment technology, and be seen on a giant 12.3-inch touchscreen as part of an all-new Porsche Communication Management system. The luxury sedan starts at $99,900 for the 4S model, and scales up to the Panamera Turbo, which sells for $146,900. Other vehicles that currently support CarPlay include the 2016 911 and the 2017 models of Macan, 718 Boxster, and 718 Cayman. The company did not mention support for Google's corresponding Android Auto in its announcement. http://bit.ly/295ZQ94
Apple employees testing wheelchair features
New features included in the forthcoming watchOS 3 are being tested by Apple retail store employees, including a new activity-tracking feature that has been designed with wheelchair users in mind. The move is slightly unusual in that, while retail employees have previously been used to test pre-release versions of OS X and iOS, this marks the first time they've been included in the otherwise developer-only watchOS betas. The company is said to have gone to great lengths to modify the activity tracker for wheelchair users, including changing the "time to stand" notification to "time to roll" and including two wheelchair-centric workout apps. http://bit.ly/2955JDa
SanDisk reveals two 256GB microSDXC cards
SanDisk has introduced two 256GB microSDXC cards. Arriving in August for $150, the Ultra microSDXC UHS-I Premium Edition card offers transfer speeds of up to 95MB/s for reading data. The Extreme microSDXC UHS-I card can read at a fast 100MB/s and write at up to 90MB/s, and will be shipping sometime in the fourth quarter for $200. http://bit.ly/294Q1If
Apple's third-quarter results due July 26
Apple has advised it will be issuing its third-quarter results on July 26, with a conference call to answer investor and analyst queries about the earnings set to take place later that day. The stream of the call will go live at 2pm PT (5pm ET) via Apple's investor site, with the results themselves expected to be released roughly 30 minutes before the call commences. Apple's guidance for the quarter put revenue at between $41 billion and $43 billion. http://apple.co/1oi1Pbm
Twitter stickers slowly roll out to users
Twitter has introduced "stickers," allowing users to add extra graphical elements to their photos before uploading them to the micro-blogging service. A library of hundreds of accessories, props, and emoji will be available to use as stickers, which can be resized, rotated, and placed anywhere on the photograph. Images with stickers will also become searchable with viewers able to select a sticker to see how others use the same graphic in their own posts. Twitter advises stickers will be rolling out to users over the next few weeks, and will work on both the mobile apps and through the browser. http://bit.ly/29bbwUE