With the Apple stock flying at a all-time high these days, this new report shows that not only Apple is able to make great products that sell like hot cakes, but most importantly, they are making tons of money on each product sold.
According to Michael Walkley of the Canaccord Genuity Group, Apple made about 3% of all the smartphones in the first half of 2010, but it actually raked in 39% of the industry's profits...
Since I started following the iPhone daily buzz I am constantly reminded by how passionate and devout the community covering the device can be. So devout that the moment someone predicts the future of an unreleased iPhone, the rest of the bloggers rush to validate the claim.
CNET reports that an analyst from Rodman and Renshaw claims that Apple's next generation phone will offer up support for both 3G technology and the futuristic LTE (Long Term Evolution) platform which is being touted as "4G" technology. Ashok Kumar said the following about the switch:
I remember hearing not too long ago that iPhone maker Foxconn was bragging up their ability to pump out 1.5 new iPhones per second. While we knew that meant lousy surroundings for those employed there at least the demand was surely being met, right?
TUAW has a report that highlights Apple's inability to meet the pre-order demand from the Taiwanese people. Over 200,000 people tried grabbing the new iPhone 4 through pre-order but carriers fear just 1/4 of those will be filled by the years end. That could mean for a lot of angry early adopters...
A new report by comScore shows that the iPhone is losing ground on Android in the US smartphone market. RIM (Blackberry) still has the most market shares, Apple comes at the second place and Android is 3rd.
Even though the rankings remain the same, RIM and Apple's share of the market decreased to the advantage of Android, which increased by 5 points. While boring, these numbers are a sign of what's to come...
The way we think of our electronic gear is amazing. We all want the latest and greatest as soon as possible and certainly as cheap as can be. However in order to get that accomplished it just so happens to take some unusually disturbing realities that some people call life.
I'm not holier than thou, in fact I own multiple devices from the very factory of focus here. Business Week took a visit of the place where our iPhones are built. They wanted to see how Foxconn headquarters were doing after their unpleasant suicide issue.
A few weeks back we posted articles detailing Intel's acquiring of Infineon, the smartphone chip maker who has supplied every single iPhone baseband chip. Surely this meant that Apple's beloved phone would be running Intel inside their next iPhone come next summer. Not so fast.
According to Apple Insider the Commercial Times reports that Infineon will not supply the Apple with the baseband chip for the iPhone 5. Instead, the chip will be manufactured by the Hon Hai Group and Foxconn...
I find it interesting how the rumor mill operates. Last month every report out there had Verizon pegged as the next carrier to offer the iPhone which I still believe to be the frontrunner as well. Lately however the influx of rumors have centered around T-Mobile's aspirations for offering the Apple handheld.
Apple Hot News cites Engadget as saying that an executive vice president of Canada's Quebecor claims that Apple is in the process of building a compatible iPhone for T-Mobile's 3G network...
You just knew that when antenna problems showed up for the iPhone 4, there would be refurbished devices for sale soon. Heck, I went through 2 spare models and am on my 3rd iPhone 4.
9 to 5 Mac reports that AT&T is now selling the refurbished devices for $150 for 16GB or $250 for the 32GB. For those under a rock that's $50 cheaper than normal..
ModMyI reports that SaurikIT LLC just acquired Rock Your Phone Inc. In other words, Cydia bought Rock. Cydia has always been the installer of choice for most of us, but Rock was slowly getting traction, especially for some of its advanced features like the ability to back up your packages.
If you didn't think the jailbreak community was a big business on its own, then it's time to think again. Just like in the App Store, there is a lot of money to be made from applications, especially for those offering a marketplace like the App Store and Cydia.
It doesn't seem like it but Apple's free case program is coming to end soon. September 30th is the date Steve Jobs announced as reevaluation date and now Apple says that indeed the program will (sort of) fall by the wayside on that date.
The official statement reads as such:
I am still kind of in disbelief about Apple's recent and sudden restriction removal regarding the App Store guidelines. Getting reports like the following from BGR make it very real in my eyes.
Sean Kovacs, the developer of GV Mobile (Google Voice Mobile), has posted a tweet that all but says the once banned application will be likely gracing the presence of the virtual store. It reads:
That didn't take along, did it? Yesterday we reported that Apple announced they were loosening the reins on the guidelines and restrictions as it relates to the App Store. The thought in our minds and apparently the mind of Adobe as well was "what does this mean for Flash and the iPhone?"
Don't believe it will happen as fast as it's being reported? TUAW has Adobe saying the following regarding Apple's new attitude: