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AAPL Up As Market Rockets
Markets are surging in early trading as the jobs report crushes expectations and unemployment falls to 8.3%. Shares of AAPL are up with the rest of the markets. Investors continue to be focused on iPhone adoption; update to the iPad; market share growth of the Mac business; further penetration in China and emerging markets; the evolution and potential re-conception of Apple TV; and platforms such as Siri, iAd, iBooks and social (Ping). Shares of Apple trade at 8.1x Enterprise Value / Trailing Twelve Months Free Cash Flow (including long-term marketable securities).Actually Most Of Your iPhone Was Made Here In The States (Cult Of Mac)
The vast majority of labour costs associated with making an iPhone is spent right here in the States. In fact, only $10 per iPhone goes to paying workers abroad. The only part of making an iPhone that is done abroad is the grunt work of actually screwing it all together. All of the high-paying, educated jobs involved in designing, engineering, marketing and selling the thing stay right here. Apple is sending the jobs most people living in a modern, first-world nation don’t really want. That doesn’t make the treatment of those workers acceptable.
Apple Pushes To Third Largest Handset Maker In The World (IDC)
IDC released its Worldwide Mobile Phone Tracker results for the December quarter, noting a 6.1% increase in the market from a year ago. Worldwide shipments of 427.4 million shipments during the period surpassed the research group’s expectations of 4.4% growth for the quarter. Record sales of the iPhone pushed Apple past ZTE and LG to become the third-largest handset vendor in the world with 8.7% share below Samsung (22.8%) and Nokia (26.6%).
Android Still Outpacing iOS In Mobile Operating System Market Share (comScore)
When it comes to smartphone operating systems, Google is still on top with Android according to comScore. As of December 2011, Android was installed on 47% of smartphones in the U.S. Apple’s iOS is still going strong with just under 30% smartphone market share. Both Apple and Google appear to be stripping market share from Research In Motion, which continues its downward spiral, to just 16% market share.
Apple Making Headway In The Enterprise (Bloomberg)
Without much effort on its part, Apple is making rapid headway in selling to corporations. After years of being the redheaded stepchild to Microsoft in the workplace, Apple has seen its iPad become a standard business tool. According to an IDG Connect survey, 51% of managers with iPads say they “always” use the device at work, and another 40% sometimes do. 70-nine per cent of the respondents use the iPad for business when outside the office.
Apple Betting On The Future Of Education (USA Today)
Apple declared its intention to be at the head of the class with the unveiling of the iBooks 2. Digital versions promise instant search and easy navigation. They’re rich in interactive animations, pictures and videos. Users can lug the digital equivalents of heavy print textbooks without breaking backs. Still, Apple and other companies hoping to make a big play in the digital textbook space face arduous tests. No matter how compelling a digital textbook might be, it is only useful to a student if the teacher or school decides that this is indeed the textbook to use with their class. And then there’s the issue of iPad price.
German Court Rejects Apple’s Bid To Ban Samsung Devices (WSJ)
The Munich Regional Court rejected Apple’s request to ban sales in Germany of the company’s tablet computers and Nexus smartphones. Apple filed the preliminary injunction request last November seeking to ban sales of the Galaxy Tab 10.1N tablet and the Galaxy Nexus smartphone, saying Samsung infringed upon Apple patents. The decision comes after the court ruled against Samsung last week, saying Apple hadn’t violated one of the Korean company’s technical patents as part of a broader patent dispute. The saga continues. Should Apple try and settle its patent conflicts rather than trying to win them?