Tag Archives: request

Honeymoon Over For Apple Watch, Version 2 Needed

Apple ( AAPL ) held onto its lead in the nascent smartwatch market in the first quarter, but lost ground to rivals after the holiday season, in the seasonally slower period. Apple shipped 2.2 million units of the Apple Watch in Q1, giving it a 52.4% market share, Strategy Analytics said Thursday. In the fourth quarter, Apple shipped 5.1 million smartwatches and grabbed a 63% market share, the research firm said. Samsung came in second with a 14.3% market share, having shipped 600,000 Gear smartwatches in Q1. In the fourth quarter, Samsung shipped 1.3 million smartwatches, giving it a 16% market share. Other vendors such as LG and Motorola shipped 1.4 million smartwatches in Q1, combining for a 33.3% market share, Strategy Analytics said. On a year-over-year basis, global smartwatch shipments grew 223% to 4.2 million units in Q1. The Apple Watch was not yet available in the year-earlier quarter. It went on sale on April 24, 2015. “Now that many Apple early adopters have their smartwatches and all of the holiday gifts have been unwrapped, it would seem the honeymoon for version 1 of the Apple Watch is over,” Strategy Analytics director Cliff Raskind said in a statement . “Future traction for Apple Watch 2 will be closely linked to compelling apps that better exploit the usability of wearable tech, while offering autonomous 4G connectivity and enhanced battery life — all of which are in rather short supply today.” Apple is widely expected to unveil its second-generation Apple Watch this fall around the time it debuts the iPhone 7. Apple is estimated to have sold 2.3 million Apple Watches in the March quarter and 13.2 million units during its first year of availability.

Why Right Now Is The Perfect Time To Buy Facebook Stock

Loading the player… After Facebook ’s ( FB ) stellar quarterly report Wednesday evening, the social networking giant’s stock is trading in buy range in the stock market today . The breakout comes as other big names have recently neared buying opportunities but crumbled on their quarterly results, including Google owner Alphabet ( GOOGL ), Microsoft ( MSFT ) and Starbucks ( SBUX ). Facebook’s earnings jumped 83%, while sales grew 52%. Both topped views and marked a third straight quarter of accelerating growth for the top and bottom lines. Shares jumped 8% in huge volume, hitting a new all-time high in intraday trade and breaking out of a cup-with-handle base with a 117.09 buy point. Shares are in buy range to 122.94. But the stock is now trading at the lower end of the day’s range, about 50 cents above the buy point. Facebook earns an IBD Composite Rating of 95 out of 99, meaning its shares outperform 95% of all stocks in the market, based on fundamental and technical factors. IBD’s Take: How healthy are the shares of Facebook and its rivals? Find out at IBD Stock Checkup Alphabet gapped below its 50-day line after its report last week. Shares tested support at the 200-day line in Wednesday’s session and are breaching that level today. Alphabet is now trading 12% below its February high, down 1.4% in intraday trade. Microsoft also gapped below its 50-day line in the wake of its results last week. Shares are breaking below their 200-day line in intraday trade Thursday, falling 1.6%, and are about 11% below their December peak. Starbucks is now trading below its 50-day and 200-day lines, and hit a new two-month low in intraday trade as it fell a fraction. Shares are 11% below their October high. And while Apple ( AAPL ) wasn’t near buy range ahead of its report Tuesday night, shares gapped down to a two-month low on disappointing results. Apple is 27% below its high, reached exactly one year ago today, with shares down 1.8%. Meanwhile, Amazon ( AMZN ) is trading in buy range ahead of its quarterly report after the close. Amazon risked dropping back below the buy zone in Wednesday’s session, but shares are trading up 1% today in anticipation of the report.

Google Created Army Of ‘Accidental Pirates,’ Getty Images Says

Alphabet ( GOOGL )-owned Google has created a surge of “accidental pirates” through its image search function, says a complaint filed by photography company Getty Images to the European Union’s antitrust commission, charges adding to Google’s woes in the region. In its complaint, Getty Images accuses Google of copying, or “scraping,” images from third-party websites. That makes images easy to download, Getty said, and in the process, Google has created an army of digital scofflaws who don’t realize they’re infringing copyright protections by downloading and using protected images. In its complaint to the European Union’s antitrust commission, Getty says the Google Images service — which displays full-screen slideshows of high-resolution copyrighted images — has hurt Getty’s licensing business, as well as content creators worldwide, by siphoning traffic and profits from photographers. Google introduced this image feature in January 2013. Previously, the search engine only displayed tiny thumbnails of images that clicked-through to source sites. “Because image consumption is immediate, once an image is displayed in high-resolution, large format, there is little impetus to view the image on the original source site,” Getty Images said  in a statement this week. “These changes have allowed Google to reinforce its role as the Internet’s dominant search engine, maintaining monopoly over site traffic, engagement data and advertising spend. This has also promoted piracy, resulting in widespread copyright infringement, turning users into accidental pirates.” “Getty Images represents over 200,000 photojournalists, content creators and artists around the world who rely on us to protect their ability to be compensated for their work,” Yoko Miyashita, Getty Images’ general counsel, said in the statement. “Google’s behavior is adversely affecting not only our contributors, but the lives and livelihoods of artists around the word, present and future.” Google Has Said Image Search Helps Source Sites Get Clicks Google declined to comment to IBD. In 2013, however, Google did comment on this issue  to website Search Engine Land. At that time, a Google spokesperson said that even with the image search changes, “actual click-through rates to webmaster pages, i.e. real traffic, is up 25%, so real visits are up. As you know, we doubled the way users can reach the host website.” Getty said its complaint Wednesday “follows on from Getty Images’ submission in June 2015, when it joined as an interested third party in support of the European Commission’s existing investigation into Google’s anti-competitive business practices.” The latest legal action heaps new issues onto the search giant’s ongoing legal battles in Europe. Getty’s complaint comes just days after the EU’s antitrust commission charged Google with using unfair practices  to promote its own services on Android devices. The Wall Street Journal quoted  EU competition chief Margrethe Vestager as saying the commission was focused on Google’s demand that smartphone makers and mobile carriers using Android load Google apps on their devices if they offer any of the company’s services — including search — on their phones. Google’s contract requires phone makers to pre-install a folder of 11 apps within one click of the home screen. Vestager expressed concern that Google was shutting out rival app developers with the contracts because they prevent consumers from deciding for themselves which apps to download. Google has said that consumers do have the last word about which apps they want to use on their devices, according to the WSJ. Google has also been accused of distorting search results in favor of its own shopping comparison services. Google Senior Vice President Kent Walker said in a blog post last year that the commission’s conclusions on the shopping allegations were “wrong as a matter of fact, law and economics.” Alphabet stock was down 1% in afternoon trading in the stock market today , near 713. A lower close would mark the stock’s third straight day of decline.