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AAPL Down With Markets
Stocks are down again after a brief lift in early morning trading on better-than-expected jobs growth in July. Shares of AAPL are down about 3.5% as the rest of tech is also deep in the red. Catalysts include the next iPhone launch this fall as well as a possible iPad 3 ahead of the holidays; continued adoption in China and other emerging markets; iCloud rollout and adoption; the continued evolution and next generation of Apple TV; and new platforms such as books / publishing and social (Ping). Shares of Apple trade at 9.8x Enterprise Value / Trailing Twelve Months Free Cash Flow (including long-term marketable securities).Apple Looking To Merge iOS And Mac OS X Next Year (Barron’s)
Apple is looking to merge its iOS and Mac OS X operating systems into one unified platform for applications and cloud services as soon as next year starting with the MacBook Air, according to Peter Misek with Jefferies & Co. Merging the iOS and Mac OS X platforms would allow users to have content be available and optimised on an even wider range of devices. Misek sees this strategy being more difficult for Apple to achieve if the company continues to keep its Mac and iOS operating systems separate.
Apple Could Sell As Many As 30 Million iPhones During The Holiday Quarter (BGR)
The launch of Apple’s next-generation iPhone will propel global iPhone sales to 30 million units in the calendar fourth quarter of this year, says BTIG Research analyst Walter Piecyk. Apple’s recent quarterly earnings reports have read as an incredible success story documenting the iPhone’s meteoric rise as a profit leading mobile device. And with the iPhone 5 sent to launch in September or October, it could be a blowout quarter.
Munster Confirms Other Reports, Blackberry Users Jumping Ship For iPhone (Business Insider)
Gene Munster at Piper Jaffray recently wrapped up some research on smartphone adoption, revealing that 67% of BlackBerry owners were going to switch to an iPhone next, with only 26% sticking with RIM. By contrast, 94% of iPhone owners were going to get an Apple handset again, while 42% of Android owners would be continuing with the OS for their next phone. Although the sample size of the study is small, the findings appear to largely represent the widespread global attitudes of smartphone owners and prospective buyers in relation to the most recent industry-wide sales and wireless subscriber data.
China Telecom Gets Two iPhones This Fall, Says Analyst (BGR)
Apple plans to launch two new iPhone models this fall according to a new report: an iPhone 5 and a new “simplified iPhone 4”. Ticonderoga Securities analyst Brian White says Apple that has largely finalised a deal for the iPhone 5 on China Telecom, the third largest carrier in China. He believes the carrier reached a “preliminary agreement” to carry two different versions of the iPhone as early as October. That theory flies in the face of precedence where previous versions of the iPhone are being made available at lower price-points.
Apple’s Reign Will Soon Come To An End, Says EA Founder (IndustryGamers)
How nice of him. Apple has risen to be the dominant technology company of its day and one of the biggest companies in the world. Period. That said, Electronic Arts, Digital Chocolate founder and former Steve Jobs compatriot, Trip Hawkins, believes that Apple’s Roman Empire is going to experience a fall soon. “The thing is, it may take another year or two before it starts to decline, but it has to – everything does. Everything revolves so much around Steve, and no matter how good his lieutenants are, they’re not Steve.”
iPad Will Always Crush Other Tablets Because Apple Designs The Whole Package (IHS iSuppli)
IHS iSuppli crunched some numbers to see exactly why Apple’s iPad can do double the legwork with half the hardware specifications of competing tablets: Apple designs both the software and the hardware. By controlling both the software and the hardware of the iPad, competitive tablet manufacturers using operating systems from other companies just can’t match the design efficiency.
Apple Indirectly Enters The Carrier Business (9To5Mac)
Internet telephony provider Vonage has released Time to Call, a new iOS application allowing users to place short international calls at flat, per-call rates. The service is meant to appeal to the international traveller. But it means that Apple is now officially in the telecommunications market as the tech giant gets a 30% cut of all billed calls.
Apple Mobile Devices Are Dominating SMB Activations (Intermedia)
The iPhone and iPad are leading the charge in small and medium-sized businesses (SMB) for smartphones and tablets, according to Intermedia. Apple’s iOS devices are dominating the stats when it comes to activations as 78% of their customers are Apple device users (57% connections are iPhones, while 21% are iPads). Intermedia supports email, contact and calendar syncing for smartphones, including iPhone, Android, BlackBerry and Windows 7 phones.