Google (GOOG) is on the verge of closing a $1.3B acquisition of Waze, according to Globes. Talks with Facebook (FB) fell apart in late May over location issues. Apple (AAPL) was also thought to be a suitor of the mobile navigation app provider until Tim Cook said otherwise. [View news story]
Apple has more money than Google to buy Waze. The fact that they passed and are not interested tells me they have better plans.
On top of reporting of iPad Mini production cuts, Citi's Glen Yeung says checks indicate iPhone 5S (AAPL) production has been "delayed by 2-4 weeks, likely due to display issues," and that the retina iPad Mini has been delayed until late Q4 or early Q1 2014. Yeung doesn't see the 5S production delay stopping a Sep. launch, but thinks it could limit supply. On a more encouraging note, he still expects a 4.8" iPhone 6 to launch in Q1. Also: Apple has filed a patent application for an end-to-end mobile payments platform (USPTO filing). Speculation Apple will leverage iTunes credit card data (now 500M accounts strong) and AuthenTec's fingerprint tech to delve into mobile payments has been running high for a while. (Jefferies) [View news story]
According to todays news Samsungs G S 4 is cutting production due to poor sales of its phone. The stock dropped by 12% as a result on friday. Many people were questioning those reports of 10 million sales and said they were not actual sell thoughs but sell ins. As you know Apple only reports actual sales to the end users, not just sell ins to the retailers. Looks like the critics were right. No one wants a Samsung G S 4 or not nearly the amount projected.
Samsung's (SSNLF.PK) shares plummeted 6.2% in Seoul and wiped $12B off the company's market value, although it's still worth $188B. The plunge followed bearish analyst reports, with JP Morgan writing that Q3 Galaxy S4 shipments will probably disappoint and lead to lower-than-expected margins. JPM's supply chain checks show that Samsung has cut monthly orders by 20-30% to 7-8M units from 10M starting from July, due to weak demand in Europe and South Korea. (previously) [View news story]
In the meantime, Apple just signed a deal with all three major music cos and will be providing free ad supported streaming music service.
In a slight reversal of fortune, the ITC has ruled AT&T's versions of the iPhone 3GS (AAPL) and iPhone 4, and the 3G versions of the iPad 1 and 2, violate a standards-essential Samsung (SSNLF.PK) patent, and has issued a limited U.S. ban order. The ruling, which only covers 3G Apple hardware not relying on Qualcomm (QCOM) baseband chips, is final, but Apple can appeal to a federal court and/or ask the White House to intervene. Apple might also demand the patent be licensed under FRAND terms. U.S. iPhone 4 sales are still meaningful (for a few more months, anyway), but 3G iPad 2 sales are likely miniscule, and the 3GS and original iPad have been discontinued. AAPL -0.7% AH. (official ruling) [View news story]
Apple (AAPL) roundup: 1) Apple is due to go to court today over allegations that it conspired with five publishers to raise e-book prices. Apple is facing the suit alone after the publishers involved settled with the Justice Department. 2) Apple reportedly signed a licensing deal with Warner Music over the weekend as it looks to launch a music-streaming service at its developer conference next week. Apple still needs to finalize agreements with Universal Music and Sony (SNE). 3) Google (GOOG) is set to seize Apple's crown for mobile apps in the next few months. While Apple downloads tops those of Android by 50B to 48B, the monthly rate is 2.5B vs 2B in Android's favor. [View news story]
Studies show that Apple apps are used more and Androids, once downloaded are rarely used except for a few big ones.
Did Apple's (AAPL) mammoth $17B bond sale mark the top for bonds? Ten-year Treasury yields bottomed for the year at about 1.62% right at the time of the offering and have gone vertical since (currently at 2.16%). A back-of-the-envelope calculation finds the company pocketing $724M in savings over the life of the paper by borrowing at the end of April vs. the end of May. TLT -7.6%, LQD -3.7% during May. [View news story]
This is the turn for all things Apple, right before its developers conference this week where there will be some surprises.
The ITC has delayed until Tuesday a verdict on whether Apple (AAPL) has breached Samsung (SSNLF.PK) patents in the iPod Touch, iPhone and iPad. The ITC, which was supposed to have ruled on Friday, didn't provide a reason for the postponement. In a preliminary decision in September, an ITC administrative law judge cleared Apple of violating the IP. [View news story]
The ITC has delayed until Tuesday a verdict on whether Apple (AAPL) has breached Samsung (SSNLF.PK) patents in the iPod Touch, iPhone and iPad. The ITC, which was supposed to have ruled on Friday, didn't provide a reason for the postponement. In a preliminary decision in September, an ITC administrative law judge cleared Apple of violating the IP. [View news story]
Samsung has already admitted paying students to shill and lie on websites such as this. The problem of paying posters to masquerade as independent reviewers was not limited to Taiwan. Samsung was caught doing similar shenanigans in UK and Sweden. Google it. Samsung can stoop to amazing depths. No level is too low.
This is a company lead by a man who was twice convicted of perpetrating frauds (by courts in Korea) and had to get two presidential pardons. The rot starts at the top and permeates downwards. http://bit.ly/13Ey8n6
The Galaxy line of phones are impressive feats of reverse engineering. It is really easy to copy when someone else has pioneered the way.
I found the following article by Phillip Elmer Dewitt quite illuminating, especially the comments by alexkhan2000
Apple (AAPL +1%) roundup: 1) Indian iPhone sales continue to surge with the help of aggressive pricing (sacrificing margins for growth), installment plans, and a marketing blitz: Credit Suisse estimates monthly Indian sales are now near 400K, up from just 70K-80K recently. 2) By contrast, Apple has raised iPad/iPod prices in Japan thanks to a weak yen. No word on whether the iPhone, whose Japanese sales have soared, has also seen hikes. 3) A panel image leak for the 5th-gen iPad shows a slimmer form factor, with bezels perhaps even thinner than the iPad Mini's. 4) The App Store still has a 73%/27% monetization edge over Google Play (GOOG), per Distimo, though that's down from November's 81%/19%. [View news story]
According to Barrons article today, Apple I phone resilience is doing better than expected against the Samsung G S 4:
IDC has againraised its tablet forecasts: the firm now expects shipments to grow 58.7% in 2013 to 229.3M units. That's up from a March forecast of 190.9M units, which itself was up from a forecast of 172.4M. 55% of shipments are expected to involve sub-8" tablets vs. 27% in 2012. With IDC estimating Q1 shipments rose 142% Y/Y to 49.2M, further hikes don't seem far-fetched. Meanwhile, following a 13.9% Y/Y drop in Q1, IDC now expects PC shipments to fall 7.8% Y/Y in 2013 to 321.9M, and predicts tablet sales will outpace PC sales by 2015. Revenue crossover could take longer, given IDC forecasts a 2013 tablet ASP of $381, and a PC ASP of $635. AAPL and GOOG must be pleased, MSFT, INTC, AMD, DELL, and HPQ less so. [View news story]
I replied to Mr Eassa's comment saying how it is so amazing how he is the first one to comment and its usually about pumping the stocks he owns or to bash Apple. It was removed by the management evidently wanting to protect him. Let's see how long this one lasts.
Citi's Glen Young is raising fresh gross margin concerns about Apple (AAPL +0.1%), which is trading near breakeven on an up day for tech. Yeung, who cut Apple to Neutral last December and issued another downbeat note last month, sees margins pressured by the arrival of a cheaper iPhone and a "sub-$250 iPad Mini," as well as an iPhone mix shift towards older models. Apple is guiding for its gross margin to fall to 36%-37% in FQ3 from 37.5% in FQ2 (-990 bps Y/Y), as lower revenue and mix offset a drop in component costs. (more margin commentary: Horace Dediu, Gene Munster, Wells Fargo/BMO) [View news story]
Yes, I do. How many times and ways can these people say the same thing over and over again?
The problem of paying posters to masquerade as independent reviewers was not limited to Taiwan. Samsung was caught doing similar shenanigans in UK and Sweden. Google it. Samsung can stoop to amazing depths. No level is too low.
This is a company lead by a man who was twice convicted of perpetrating frauds (by courts in Korea) and had to get two presidential pardons. The rot starts at the top and permeates downwards. http://bit.ly/13Ey8n6
The Galaxy line of phones are impressive feats of reverse engineering. It is really easy to copy when someone else has pioneered the way.
I found the following article by Phillip Elmer Dewitt quite illuminating, especially the comments by alexkhan2000
Google (GOOG) is on the verge of closing a $1.3B acquisition of Waze, according to Globes. Talks with Facebook (FB) fell apart in late May over location issues. Apple (AAPL) was also thought to be a suitor of the mobile navigation app provider until Tim Cook said otherwise. [View news story]
On top of reporting of iPad Mini production cuts, Citi's Glen Yeung says checks indicate iPhone 5S (AAPL) production has been "delayed by 2-4 weeks, likely due to display issues," and that the retina iPad Mini has been delayed until late Q4 or early Q1 2014. Yeung doesn't see the 5S production delay stopping a Sep. launch, but thinks it could limit supply. On a more encouraging note, he still expects a 4.8" iPhone 6 to launch in Q1. Also: Apple has filed a patent application for an end-to-end mobile payments platform (USPTO filing). Speculation Apple will leverage iTunes credit card data (now 500M accounts strong) and AuthenTec's fingerprint tech to delve into mobile payments has been running high for a while. (Jefferies) [View news story]
Samsung's (SSNLF.PK) shares plummeted 6.2% in Seoul and wiped $12B off the company's market value, although it's still worth $188B. The plunge followed bearish analyst reports, with JP Morgan writing that Q3 Galaxy S4 shipments will probably disappoint and lead to lower-than-expected margins. JPM's supply chain checks show that Samsung has cut monthly orders by 20-30% to 7-8M units from 10M starting from July, due to weak demand in Europe and South Korea. (previously) [View news story]
In a slight reversal of fortune, the ITC has ruled AT&T's versions of the iPhone 3GS (AAPL) and iPhone 4, and the 3G versions of the iPad 1 and 2, violate a standards-essential Samsung (SSNLF.PK) patent, and has issued a limited U.S. ban order. The ruling, which only covers 3G Apple hardware not relying on Qualcomm (QCOM) baseband chips, is final, but Apple can appeal to a federal court and/or ask the White House to intervene. Apple might also demand the patent be licensed under FRAND terms. U.S. iPhone 4 sales are still meaningful (for a few more months, anyway), but 3G iPad 2 sales are likely miniscule, and the 3GS and original iPad have been discontinued. AAPL -0.7% AH. (official ruling) [View news story]
Apple (AAPL) roundup: 1) Apple is due to go to court today over allegations that it conspired with five publishers to raise e-book prices. Apple is facing the suit alone after the publishers involved settled with the Justice Department. 2) Apple reportedly signed a licensing deal with Warner Music over the weekend as it looks to launch a music-streaming service at its developer conference next week. Apple still needs to finalize agreements with Universal Music and Sony (SNE). 3) Google (GOOG) is set to seize Apple's crown for mobile apps in the next few months. While Apple downloads tops those of Android by 50B to 48B, the monthly rate is 2.5B vs 2B in Android's favor. [View news story]
Did Apple's (AAPL) mammoth $17B bond sale mark the top for bonds? Ten-year Treasury yields bottomed for the year at about 1.62% right at the time of the offering and have gone vertical since (currently at 2.16%). A back-of-the-envelope calculation finds the company pocketing $724M in savings over the life of the paper by borrowing at the end of April vs. the end of May. TLT -7.6%, LQD -3.7% during May. [View news story]
The ITC has delayed until Tuesday a verdict on whether Apple (AAPL) has breached Samsung (SSNLF.PK) patents in the iPod Touch, iPhone and iPad. The ITC, which was supposed to have ruled on Friday, didn't provide a reason for the postponement. In a preliminary decision in September, an ITC administrative law judge cleared Apple of violating the IP. [View news story]
The ITC has delayed until Tuesday a verdict on whether Apple (AAPL) has breached Samsung (SSNLF.PK) patents in the iPod Touch, iPhone and iPad. The ITC, which was supposed to have ruled on Friday, didn't provide a reason for the postponement. In a preliminary decision in September, an ITC administrative law judge cleared Apple of violating the IP. [View news story]
The problem of paying posters to masquerade as independent reviewers was not limited to Taiwan. Samsung was caught doing similar shenanigans in UK and Sweden. Google it. Samsung can stoop to amazing depths. No level is too low.
This is a company lead by a man who was twice convicted of perpetrating frauds (by courts in Korea) and had to get two presidential pardons. The rot starts at the top and permeates downwards.
http://bit.ly/13Ey8n6
The Galaxy line of phones are impressive feats of reverse engineering. It is really easy to copy when someone else has pioneered the way.
I found the following article by Phillip Elmer Dewitt quite illuminating, especially the comments by alexkhan2000
http://bit.ly/18am7Ha
Could India Become Even More Important Than China For Apple? [View article]
Apple (AAPL +1%) roundup: 1) Indian iPhone sales continue to surge with the help of aggressive pricing (sacrificing margins for growth), installment plans, and a marketing blitz: Credit Suisse estimates monthly Indian sales are now near 400K, up from just 70K-80K recently. 2) By contrast, Apple has raised iPad/iPod prices in Japan thanks to a weak yen. No word on whether the iPhone, whose Japanese sales have soared, has also seen hikes. 3) A panel image leak for the 5th-gen iPad shows a slimmer form factor, with bezels perhaps even thinner than the iPad Mini's. 4) The App Store still has a 73%/27% monetization edge over Google Play (GOOG), per Distimo, though that's down from November's 81%/19%. [View news story]
http://bit.ly/ZyyDzQ
One Word Separates Apple From $500 [View article]
IDC has again raised its tablet forecasts: the firm now expects shipments to grow 58.7% in 2013 to 229.3M units. That's up from a March forecast of 190.9M units, which itself was up from a forecast of 172.4M. 55% of shipments are expected to involve sub-8" tablets vs. 27% in 2012. With IDC estimating Q1 shipments rose 142% Y/Y to 49.2M, further hikes don't seem far-fetched. Meanwhile, following a 13.9% Y/Y drop in Q1, IDC now expects PC shipments to fall 7.8% Y/Y in 2013 to 321.9M, and predicts tablet sales will outpace PC sales by 2015. Revenue crossover could take longer, given IDC forecasts a 2013 tablet ASP of $381, and a PC ASP of $635. AAPL and GOOG must be pleased, MSFT, INTC, AMD, DELL, and HPQ less so. [View news story]
Citi's Glen Young is raising fresh gross margin concerns about Apple (AAPL +0.1%), which is trading near breakeven on an up day for tech. Yeung, who cut Apple to Neutral last December and issued another downbeat note last month, sees margins pressured by the arrival of a cheaper iPhone and a "sub-$250 iPad Mini," as well as an iPhone mix shift towards older models. Apple is guiding for its gross margin to fall to 36%-37% in FQ3 from 37.5% in FQ2 (-990 bps Y/Y), as lower revenue and mix offset a drop in component costs. (more margin commentary: Horace Dediu, Gene Munster, Wells Fargo/BMO) [View news story]
Are People Afraid Of Apple? [View article]
This is a company lead by a man who was twice convicted of perpetrating frauds (by courts in Korea) and had to get two presidential pardons. The rot starts at the top and permeates downwards.
http://bit.ly/13Ey8n6
The Galaxy line of phones are impressive feats of reverse engineering. It is really easy to copy when someone else has pioneered the way.
I found the following article by Phillip Elmer Dewitt quite illuminating, especially the comments by alexkhan2000
http://bit.ly/18am7Ha
Cirrus Logic And The Apple Effect [View article]
http://bit.ly/10YsFCv