Strategy Analytic reported that Samsung already took Apple's place as the world's most profitable smartphone firm.
Tags: Apple
Samsung and Apple domination nearing end
Apple and Samsung's combined shares plunged while new smartphone makers showed growth. According to International Data Corporation, a research firm, Apple and Samsung's combined share of the international smartphone market plunged to 43% in the second quarter.
Apple earns US$20 billion per year from 575 million users
575 million Apple users spend US$43 per year for Apple's media merchandises. Apple's media empire was said to be an enormous and fast-growing cash cow.
BlackBerry Q5 won't steal away Samsung and Apple users
According to Forbes' Ewan Spence, BlackBerry's Q5 did not have enough style to steal away the users of Apple and Samsung.
Apple can still beef up enterprise sales - analysts
Analysts believed that Apple could improve its sales by allowing the Macintosh to fit well with cloud technology.
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Baidu Inc jumped since Facebook boosted the outlook for social media companies. Baidu Inc led the rally in Chinese equities exchanged in New York. The company said that it gained more profits after Facebook outdid the estimates of analysts.
Analysts said that there are several ways by which Apple could ease the concerns regarding the company's lack of growth.
A report from Xconomy stated that Apple pulled together a new engineering team that would create its own proprietary voice recognition technology for Siri.
American smartphone maker Apple Inc fails to beat South Korean giant Samsung in the Chinese market. Tim Cook, Apple Inc's Chief Executive Officer, believes that the leading smartphone maker can crack into and dominate the Chinese mobile market.
The tech giant’s website was recently hacked which posed a US$100 billion worth setbacks for American businesses.
Apple Inc's German supplier reported a two-month record high after the sales of iPhones surpassed the estimates of analysts.
During Huawei's product launch in Kuala Lumpur, the company stated that they are fighting to enter the top three in Malaysia's smartphone market.
Apple's smartphone market share decreased as Huawei's hold of the global industry increased.
Apple is gearing for a Chinese invasion. Apple was expected to introduce a new and cheaper iPhone model to the world soon. This cheaper iPhone will also have a bigger screen, something which has been a staple of Samsung offerings.
