Tag Archives: aapl

Xiaomi looks like Simpsons Apple parody, but is growing fast

Chinese smartphone maker Xiaomi may look like a parody of Apple done by “The Simpsons,” but it poses a threat to Apple and Samsung, especially in emerging markets. In 2008, the animated comedy “The Simpsons” parodied Apple (AAPL) CEO Steve Jobs as Mapple CEO Steve Mobbs. The episode made fun of Apple products like the iPod, iPhone and iPad by calling them the MyPod, MyPhone and MyPad. Apparently Xiaomi has crafted its business model around a

Apple hits new high on fall products, but iWatch might slip

Apple (AAPL) stock hit an all-time high on Wednesday, two years after its previous peak. Apple stock was up a fraction, near 100.80, in midday trading in the stock market today. It peaked so far Wednesday at 100.86. Apple’s previous record high was 100.72, on a split-adjusted basis, in September 2012. Investors are enthusiastic about Apple’s upcoming product cycle, which is expected to include the larger-screen iPhone 6, new iPads and the iWatch smartwatch-fitness band. On Tuesday, Morgan Stanley analyst Katy Huberty published a bullish note on Apple that encouraged investors to buy shares ahead of Apple’s fall product releases. She said the stock is attractive because of its relatively low institutional ownership, increased cash return program, stronger and broader management team, increased acquisitions and R&D, stabilizing profit margins and higher contribution from services. But analyst Ming-Chi Kuo of KGI Securities said Apple’s much-anticipated iWatch could be delayed until…

Amazon, Apple Lead U.S. Mobile E-Commerce Sales Jump

U.S. mobile e-commerce sales are expected to surge 74% to $59 billion in 2014 for the largest sellers, with Amazon.com and Apple accounting for over one-third of purchases made via mobile devices, according to an industry tracker. Internet Retailer said in its 2015 Mobile 500 report Tuesday that the No. 1-ranked Amazon.com (AMZN) and No. 2-ranked Apple (AAPL) command a 37% share of total U.S. mobile sales, with a combined $30.8 billion mobile