Tag Archives: aapl

Apple ‘Killing It,’ But Google Gains In Mobile Sales

Apple’s (AAPL) iOS system still leads in closing the most mobile commerce sales, but Google (GOOGL)’s Android is gaining fast, according to research group eMarketer. This could prompt retailers to tailor their apps more to the type of shopper they want to attract rather than the type of device those people are using, says eMarketer. Right now, “iOS consistently outperforms Android and generates the lion’s share of mobile commerce sales,” eMarketer

Slowing China economy a risk for Apple

Apple (AAPL) is making big gains in China, but a slowing economy there could take a bite out of Apple’s momentum, UBS analyst Steven Milunovich said in a research report Thursday. Greater China has provided over half of Apple’s recent revenue growth at an above-average corporate profit margin, Milunovich said. He expects strong China results for the June quarter as well. Apple is set to report fiscal third-quarter results after the market close on July 21. UBS data indicate “Apple is penetrating China at multiple income bands, consumers are upgrading to more expensive phones, and Apple has the highest brand commitment level,” Milunovich said. UBS sales channel checks indicate somewhat counterintuitively that the low-end handset market is softer than the high end as consumers trade up, he said. A slowing Chinese economy, however, is a risk for Apple, Milunovich said. So far, there’s been limited impact from the stock market…

Apple Watch sales ‘far worse’ than bearish predictions

Apple’s (AAPL) new smartwatch might not be as profitable as envisioned if reports of flagging demand turn out to be true, Edison Investment Research analyst Richard Windsor said Wednesday. “If the latest reports are to be believed, sales of the Apple Watch have been far worse than even Edison’s bearish predictions,” Windsor said. “This has meaningful repercussions for the profitability of the device as it clearly lacks the scale to earn good EBIT (earnings before interest and taxes) margins once fixed development and marketing costs have been taken into account.” Slice Intelligence reported this week that Apple Watch sales in the U.S. have seen a steep drop-off since an initial surge in buying after the product’s launch in April. While the methodology behind Slice’s data is open to question, when considered along with estimates from other research firms, there is a clear pattern that Apple Watch sales to date are…