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HOLY SMOKES!! The app market is huge, but this is simply astonishing. Check it out, from my favourite guys over at the Business Insider: Apple's iPhone Platform Still Ahead, But Android Is Growing Fast.
If I said to you, the Apple iPad only debuted this year, with the launch in January, it would make you think, wouldn't it? In the first 80 days of the launch, Apple sold three million items. It is estimated that around 19.5 million will be sold this year alone and nearly 30 million next year. Just Apple iPads, not the RIM version, there is no retail product yet.
Hey Apple indeed! Results for Q3 after hours and they disappointed the market. I guess the company tees itself up every single time for this type of disappointment, because so much is expected. In normal trade the stock reached an all time high of 319 Dollars, after hours the stock is down at 298.5, over six percent lower.
Hey Apple. Apple results yesterday. A beat by a country mile. Read from the companies website: Apple Reports Third Quarter Results. Record revenue. So notwithstanding all these tough times in the developed world, the consumer will still follow quality and in fact buy more quality products, not less. Amazing, think about that for a minute, this is a pure discretion spend bunch of products, that ooze the cool factor, but the company never seems to struggle to sell, because of that very factor. As Paris would say, that is hot.
Hey Apple! What is up, did you sell a lemon? There has been much talk recently about the signal strength of the new iPhone 4, especially if you touch the outside ring, the signal seems to drop. And this has worried several consumer watchdogs in the US, so much so that they have dissed the new product. Pundits have said that the fans are a loyal bunch, the others out there have pointed to a tipping moment for the androids. All I can say is that folks voted with their feet.
Hey Apple! Have you seen the annoying Orange? No? Digressing a little, but I was asked once how I knew what was cool or not. I thought for a bit and said, easy, I just goto Youtube and see what is the most viewed over the last day, week, month. Because you have those who are cool and set cool, and then most of us just follow. Talking cool and seemingly recession proof, the fellows over at Apple with their own press release trumpets their new product: iPhone 4 Sales Top 1.7 Million. Amazing. If ever there was a consumer company that was recession proof, Apple it is.
Apple sales, phenomenal, more than one a day to keep almost anything at bay. Beyond Petroleum sinks the most in 18 years. Have you seen the annoying Orange? No? The first short in the series sees an Orange keep saying "Hey Apple". And to be honest this is what the competition have been struggling with, not the annoying orange, but rather the dominance of Apple. Do you remember when the iPad was released the pundits said, so what? Well, Apple has sold over two million iPads already. They are flying off the shelves. And the iPhone is a real contributor now, the iPod will become less important.
An Apple fell out the sky and hit me on the head. Apple Reaches iPad Milestone: One Million Sold. So what I hear you say, that is to be expected. But I remember that when the iPad was reviewed most folks were unwowed. Remember? And in 28 days Apple has shipped 1 million units. As you can see from the above article, Apple took 74 days to ship 1 million iPhones. And that is an awesome product. So go figure guys.
Apple crunched estimates at the end of the session prior to the one yesterday and soared in normal trade to touch an all time high above 260 bucks a share. The stock closed a little away from that, up just shy of 6 percent higher to 259.22. The one standout for me was that the company managed to sell more iPhones than iPods, and the other was that the app store was just starting to compete. Hanging over the rest of Wall Street and financials in general are the pending financial regulations. President Obama is pushing for much tougher rules.
It is finally coming, the iPad. Not anywhere near us down at the Southern tip of Africa, 12833 kilometres from New York, 16935 kilometres from the suburban city of Cupertino, where the Apple Inc. headquarters are. South of San Francisco. OK, so that is where it was thought up. Will the iPad replace the laptop eventually? I don't really know, will we start writing again on touch screens?