Tag Archives: aapl

Apple Next Microsoft? Hit Product Hunt Seen Lacking

Calling Apple (AAPL) possibly the next Microsoft (MSFT) — an aging technology firm whose new products are “unlikely to move the needle like the old days” — Barclays on Thursday downgraded Apple’s stock. Apple shares were down more than 1% in midday trading in the stock market today. Like Microsoft from 2000 through 2010, Barclays analyst Ben Reitzes says Apple’s valuation will be challenged as it aims for the next product home run. He downgraded

Apple iPhone beats rivals for resale activity

Fewer than 20% of new mobile phone buyers sell or trade in their old phones, according to a new survey which highlights a problem for the emerging used-phone market. A survey of 1,000 recent phone buyers revealed that just 18% sold or traded in their old handset. Apple (AAPL) iPhones received the most resale or trade-in activity, with almost one-third of old iPhones getting cashed in, Consumer Intelligence Research Partners reported Tuesday. Less than 20% of Samsung phones are sent to the used phone market, CIRP says. Other brands saw 10% or less resale or trade-in activity. Most old phones (51%) are kept by their owners, the CIRP survey showed. And 18% are given to family members or friends. The remainder of those mobile phones are lost, broken, stolen or abandoned at the store. Mobile phone carriers dominate the market for buying used phones. They accounted for 39% of phone…

Apple ekes out market share gain in slowing China phone market

Apple (AAPL) made a big deal about launching its latest iPhones in China on the same date as in the U.S. and other major markets. But Q4 smartphone tallies out Wednesday from IDC show that Apple is still having a tough time gaining share in China, a market that prefers low-cost handsets. Apple’s smartphone market share in mainland China rose to 7% in Q4 from 6% in the third quarter. Apple got a boost from the launch of its high-end iPhone 5S and and midrange iPhone 5C handsets, which debuted on Sept. 20. In years past, new iPhones went on sale in China months after they were launched in the U.S. Apple’s smartphone growth likely was held back by reported supply constraints for the iPhone 5S. Its market share also is limited because it doesn’t make big-screen smartphones, known as phablets, or low-cost handsets. Apple focuses on the high-end smartphone…