Tag - Market
Last week, Xiaomi CEO Jun Lei said that he expects the smartphone manufacturer to take the number one sales spot in smartphones over the next decade. Lei had a chance to emphasize his belief at the World Internet Conference in Wuzhen China, taking to a panel to accentuate the company's growth in smart devices. To do so, the Chinese company will need to overtake the number one and two companies Samsung and Apple, something that Apple Senior Vice President of Legal and Government Affairs Bruce Sewell believes won't be so "easy."
Earlier this week, technology research company Gartner released its projections for 2014 and 2015 computer sales, indicating that PC shipments would see a small loss from the previous year before seeing an uptick in 2015. The increase in shipments comes after a trend of declining sales, as consumers shift buying habits and hold onto PCs longer. As a result, the number of tablets shipped in 2015 are expected to surpass PCs for the first time.
DisplaySearch, a marketing forecast company, anticipates the notebook PC market to remain strong for the remainder of 2008 and into 2009, while other industries will struggle through the economic slump. Many customers have been replacing their desktop systems with notebooks, creating a trend that the analysis expects to continue. Another primary factor, the popularity of mini-notebooks, has been figured into the numbers. The company expects the mini devices to grow by 23 percent quarter to quarter and 38 percent year to year for the third quarter of 2008.
A decade ago, Apple was the subject of deathwatches and buyout rumors. Now, a CNN Money editor at large is suggesting that Apple could replace AIG in the Dow Jones industrial average. The New York Times is reporting that AIG (American International Group), a large insurance company, is seeking a $40 billion bridge loan from the Federal Reserve, in the face of a potential downgrade from credit ratings agencies that could spell its doom. CNN Money is reporting that AIG will have to sell its aircraft-leasing arm, International Lease Finance Corp, and possibly its annuities business and auto insurance unit to raise cash.
The first million iPhones to be sold have seen the most distribution in the United States, capturing over 600,000 units sold, with Japan, Germany, and France following closely behind, making up for 81-percent of the million. Medialets reveals that, while the device saw excellent market penetration in all markets (between 0.33-percent and 0.45-percent, with the US at 1.07-percent), Canadian wireless provider Rogers Wireless saw a mere 0.27-percent, most likely due to activation issues across the entire country at launch.
After posting its best July quarter, showing success in retail, international markets, and overall revenue, Apple said it had an excellent quarter with education as well, seeing 25-percent growth overall. The growth led Apple to call it its best ever, and noted that both Kindergarten to Grade 12 and Higher Education markets saw unprecedented increases, bringing them to all time highs. The increases are credited to Apple's most generous Back To School promotion yet.
Piper Jaffray analyst Gene Munster has put forth a set of expectations for Apple's Q3 earnings, due today after the US markets close. Munster believes that upside to Mac and iPod units may drive upside to the June quarter and is reiterating his Buy rating. While the street is expecting Apple to have shipped 2.2 million Macs in the quarter, Munster cites a buyside bias of 2.35 million units. He is also expecting shipemtn of about 10.5 million iPods, vs. the street consensus of 10.3 million.
Research firm IDC reports that worldwide PC shipments grew at 15 percent in the second quarter of 2008. The quarter also saw Apple roughly tie Acer in the US market, assuming fourth place and missing third place by only a few thousand units. Demand in the United States suffered from the ongoing economic pressure, with rowth in the low single-digits. Dell continued its recovery with another quarter of double-digit growth, while HP saw year on year growth rise from the first quarter. Portable adoption continues to be a key driver, even though consumer share is generally at its lowest during the second quarter.
In brief: Milliamp offers iPhone 3G battery replacement, FileMaker launches "Tell Us Your Bento Story" sweepstakes, New Aperture 2, Mac OS Security Tutorials, and Freeway 5.1.3 adds Simplified Chinese localization ... Milliamp has announced a battery replacement service for the new iPhone 3G. "Although the new iPhone won't hit the U.S. market until later this week, we wanted the world to know that we have the capability to replace the battery in the new iPhone 3G," said Anthony Magnabosco, the owner of the iPhone battery replacement service provider. Milliamp LTD has been offering battery replacement kits for practically every iPod model, as well as battery replacement services for the more difficult-to-open iPods for three years. Every iPod and iPhone has a lithium-ion battery, so over time, the battery will fail to hold it's original charge and will eventually have to be replaced.
Autodesk has acquired the assets of Green Building Studio (GBS), further consolidating the market for Mac-based architecture software. GBS' web service will soon join the Autodesk product family, while the GBS team will continue selling, training, and supporting architects as they use the GBS web service to design carbon neutral buildings today and in the future. Autodesk also plans to continue support for the Green Building Studio web service and carbon neutral building design training. The gbXML schema will remain an open industry standard, and the GBS web service will continue to be available to any other BIM software.
Now AAPL Stock: 120 ( + 0.22 )
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