Seeking Alpha

Apple roundup: home button fingerprint sensor, Cook in China again?

  • Developer Hamza Sood has uncovered code that appears to confirm rumors the iPhone 5S' (AAPL +1.8%) home button will have a built-in fingerprint sensor.
  • Tim Cook reportedly traveled to China this week to meet with China Telecom's (CHA +0.3%) leadership. No details on what was discussed; chances are CHA will be a major buyer of the low-cost iPhone.
  • In a "final office action," the USPTO has rejected 21 claims within Apple's pinch-to-zoom patent. Look for Apple to appeal the ruling. In June, the USPTO reaffirmed the validity of a claim in Apple's "rubber-banding" patent after previously invalidating it.
  • Leaked photo cases and a BI source indicate the low-cost iPhone will be called the iPhone 5C. "C" is meant to stand for "color," though as BI notes, critics could refer to it as standing for "cheap."
  • Sprint sold 1.4M iPhones in Q2, down from 1.5M in Q1 and a year ago. For reference, Verizon sold 3.9M iPhones in Q2, and AT&T at least 3.7M.
  • The iPhone's U.S. customer loyalty remains strong. A CIRP survey found 78% of U.S. iPhone owners upgrading to a new iPhone vs. 67% of Android owners buying a new Android phone.
Comments (20)
  • very powerful move off the lows. this stock has a lot of room to run higher. they're the highest margin device in the entire cell phone space and to date uniquely create both the software and hardware. to me they need to follow Google's lead and start rolling out their own network. AT&T and Verizon offer really awful networking at an outrageously expensive price.
    30 Jul 2013, 11:46 AM Reply Like
  • a fingerprint sensor will be a game changer especially if you can integrate all your passwords with it.
    30 Jul 2013, 12:24 PM Reply Like
  • Even more of a gamechanger if it gets integrated with a mobile payment solution...
    30 Jul 2013, 01:09 PM Reply Like
  • a fingerprint sensor is game changer? Are you serious...Nokia comes out with a 41mp phone, and you get excited about a thumbprint sensor? That's just too funny.
    30 Jul 2013, 03:53 PM Reply Like
  • If you don't understand why a fingerprint sensor in a phone has vastly broader appeal that a 41MP camera, then yes, it is funny.
    30 Jul 2013, 10:31 PM Reply Like
  • indeed, and I still think the joke is on you.
    30 Jul 2013, 11:14 PM Reply Like
  • A fingerprint sensor is a JOKE for many older people, pottery makers or women who have use wrinkle cream and/or who have worked shuffling papers around a desk for years.


    They have NO fingerprints. Yes, that's right, so they limit their sales right off the bat, unless there is an alternative login.


    I have no fingerprints (see all of the above) and I had a heck of a time getting clearance to sell insurance.
    30 Jul 2013, 12:32 PM Reply Like
  • wow. That may eliminate at least .0001% of the market. :-)
    30 Jul 2013, 12:35 PM Reply Like
  • Rocback, you probably need to stick to being an AAPL fanboi.


    1/50 globally have no fingerprints

    30 Jul 2013, 01:09 PM Reply Like
  • I am sure that the feature is optional. Many more reasons to continue being a "fanboi" (or is it fanboy?) over the competition.


    30 Jul 2013, 01:19 PM Reply Like
  • the Korean high schools must have let out early today. :-)
    30 Jul 2013, 02:08 PM Reply Like
  • rocback, he is just pointing out the fact that iPhones are for girls and old people.
    30 Jul 2013, 03:54 PM Reply Like
  • Does it mean that the patents under the "rubber banding Rule" are in force? In other words is Apple the winner?
    30 Jul 2013, 01:32 PM Reply Like
  • iPhone C does not stand for 'color' or 'cheap' it stands for China. Growth in China is the future for Apple and the iPhone C is their entry point.
    30 Jul 2013, 01:33 PM Reply Like
  • I agree, my first thought was that it is iPhone for China market.
    30 Jul 2013, 02:40 PM Reply Like
  • I see where Samsung was caught again falsely juicing up the GS4 specs:

    30 Jul 2013, 02:46 PM Reply Like
  • Samsung even copy Intel/ATI/AMD/NVidia :)
    30 Jul 2013, 03:22 PM Reply Like
  • The fingerprint sensor - if included on the upcoming model(s) - may be nothing more than a marginally better way to unlock the phone and/or authenticate purchases. Or it could be more significant.


    Apple is uniquely positioned to offer a payment service (think Passbook on steroids), which could be a significant source of growth for the company and its stock price. While Google's attempt at a payment service, Google Wallet, has been largely a flop, Apple has a long history of turning a novel concept into a mainstream success.
    30 Jul 2013, 09:34 PM Reply Like
  • If apple can properly pull off this new 5C in developing countries, a big explosion could happen again as many developing countries are featuring a smartphone explosion, for example, in India a lot of people are buying samsung smartphones, Blackberrys, and iPhones, but more on samsungs since they are cheaper
    31 Jul 2013, 12:39 AM Reply Like
  • Why Mr. Cook's entourage does not include the Retail Head? I hope Apple has one.
    31 Jul 2013, 10:02 AM Reply Like
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