Apple bagged "Brand of the Year" award for the second consecutive year.
The business model of the tech titan, Apple Inc., showed signs that it was already starting to fall apart.
AT&T would shift towards android phones but it would still depend on iPhone's resale value for its new upgrade plan.
Apple shares experienced what was probably its best day ever in 2013.
The pressure is on for Apple to launch new products.
Apple's rebirth was expected to begin later this year amidst the growing worries of shareholders who were all anticipating for a boost.
Analysts commented on their take on Apple's June quarter results.
According to IDC, there were seven countries where Windows Phone outsold the iPhone.
Analysts said that Apple's September quarter forecast would give hints at next iPhone's release date.
Documents leaked regarding an alleged low cost smartphone by Apple.
Phone snatching reports have increased in major cities such as London, San Francisco and New York.
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