Tag Archives: aapl

InvenSense Beats Apple Odds, Rockets On Q2 Earnings

InvenSense (INVN) stock rocketed Thursday on Wall Street after the Apple (AAPL) chip supplier reported fiscal Q2 earnings that beat forecasts and jumped 220% year over year. San Jose, Calif.-based InvenSense closed up 11% at 11.82. But InvenSense’s Q2 score didn’t drag other Apple chip suppliers out of the mire created by NXP Semiconductors (NXPI), which crashed 19.7% Thursday after missing Q3 revenue forecasts and guiding Q4 flat to down. Avago

Apple iPad shipments shrinking faster than tablet market

Worldwide tablet shipments fell for the fourth straight quarter on a year-over-year basis, with Apple’s (AAPL) iPad leading the retreat. Tablet shipments declined 12.6% to 48.7 million units in the third quarter, research firm IDC reported Thursday. Apple was the top vendor in Q3 with 20.3% market share, but its shipments dropped 19.7% to 9.9 million units. Apple’s iPad sales have been hurt by “self-cannibalization” as more customers buy the

Apple Scaling China’s Great Wall Of Smartphone Sales

China is becoming increasingly important for high-end smartphone makers, and it’s a market where Apple (AAPL) iPhones are gaining traction. But also gaining are local rivals like Huawei, its latest quarterly report shows, and Xiaomi — while top global maker Samsung hit a speed bump in high-end smartphone sales in its quarterly report Thursday. In an iconic moment, Apple CEO Tim Cook recently shared a photo of himself standing on the Great Wall of