Tag Archives: aapl

Second-tier tablet vendors could squeeze Apple, Samsung

Tablet sales have fallen off a cliff this year, with unit sales of branded tablets down 16% year over year in the first quarter alone. That’s the largest annual decline ever for the category, ABI Research said Monday. Market leaders Apple and Samsung are feeling the impact of slower tablet sales. But they also could be squeezed this year by rising competition from second-tier vendors Acer, Asus and Lenovo. “2015 is the pivotal year for smaller, competing vendors to step-up, build their business, and gain market share in advanced and emerging markets,” ABI analyst Jeff Orr said in a statement. “The tablet market lacks a truly competitive playing field needing a strong third even fourth vendor to drive the market out of stagnation.” Despite the slowdown, tablets remain popular in households and in the education market and some business sectors, Orr said. Apple (AAPL) has partnered with IBM (IBM) to …

Apple iPhone demand, brand loyalty remain strong

Apple (AAPL) iPhone demand remains strong ahead of a product refresh, with consumers continuing to favor more expensive models, a new survey shows. But consumers are hoping for better battery life in the next-generation iPhone. Supply chain checks and survey results suggest that iPhone demand is not only stronger than expected in the June quarter but also has the potential to be “ahead of expectations through 2015 and beyond,” RBC Capital Markets analyst Amit Daryanani said in a research report Monday. He estimates Apple shipped 46.5 million iPhones in the June quarter. Daryanani rates Apple stock as outperform with a price target of 150. Apple stock was down more than 1% near 125 in afternoon trading on the stock market today. Apple should see growth in iPhone sales with the rumored iPhone 6S refresh this fall, thanks to carrier contract renewals and growth of 4G networks in China, Daryanani said…

EBay Seen As ‘M&A Candidate’ After PayPal Spinoff

JPMorgan raised its price target on eBay (EBAY) ahead of its spinoff of payments arm PayPal, and said a “stand-alone” eBay could be involved in M&A. PayPal, meanwhile, has been viewed as a possible partner of Alibaba Group or a takeover target. PayPal will face stiff competition from Apple (AAPL), Google (GOOGL) and Samsung in mobile payments, some analysts say. Doug Anmuth, a JPMorgan analyst, raised his eBay price target to 64 from 60. “Some of