Economic turmoil in China is giving Apple (AAPL) investors a tummy ache, because of the company’s heavy exposure to the country. China accounted for 27% of Apple’s revenue in the June quarter. That compares with about 8% or 9% for IBM (IBM), 7% for Hewlett-Packard (HPQ) and 6% for EMC (EMC), RBC Capital Markets analyst Amit Daryanani said Tuesday. What’s more, China contributed 60% of incremental revenue and 80% of incremental profit in Apple’s
Hoping to regain ground it lost to Apple (AAPL) in big-screen smartphones, Samsung Electronics on Thursday debuted two new phablets. Samsung had the phone-tablet market largely to itself for three years until last September, when Apple responded with the iPhone 6 Plus. Samsung’s newest phablets feature 5.7-inch Quad HD Super AMOLED displays, compared with the 5.5-inch LED-backlit IPS LCD screen on Apple’s iPhone 6 Plus. “Bigger screens have gone
Skyworks Solutions (SWKS) stock was up nearly 1% Thursday afternoon, after the Apple (AAPL) chip supplier announced it will expand operations in Osaka, Japan. Skyworks teamed up with Osaka-based Panasonic in April 2014 to design and develop high-performance filters for use in mobile devices and the emerging Internet Of Things markets. Skyworks expects its expansion — a two-story, 405,000-square-foot facility — to be complete by September,