Verizon Wireless is quietly building a major business around tablets, one that could help the carrier maintain its leading position as rivals undercut its prices and overcome its LTE coverage advantage. Verizon's tablet strategy has become significantly clearer during the past several months, and it's definitely an important strategy.
Apple sold 35.2 million iPhones in its fiscal third quarter, just below analysts' expectations but not too far off. Analysts had forecast around 35.9 million iPhone sales, according to the Wall Street Journal. Attention is now turning to the next iterations of the iPhone and whether Apple will introduce a wearable device dubbed the iWatch, as many industry watchers expect it will.
Apple easily beat analysts' expectations for iPhone sales in its most recent quarter, delivering 43.7 million iPhone unit sales. However, the company's iPad sales fell below analysts' expectations, and were lower than Apple's iPad sales in the year-ago period.
Microsoft announced that its Office suite will finally come to Apple's iPad. More broadly, Microsoft CEO Satya Nadella used his first large public address as CEO to talk about his vision for a "mobile first cloud first" world.
Apple released a cheaper 8 GB iPhone 5c in its European online stores, but the gadget is not yet available online in the U.S. Apple also re-released its fourth-generation iPad tablet, which replaces the older iPad 2.
Research firm IDC thinks the tablet market will grow in 2014 compared to 2013 but at a slower pace than it previously forecasted, with a maturing market, stabilizing prices and a decline in low-cost tablets all contributing to the weaker growth.
Stop dreaming about a curved glass iPhone. Just stop. As much as Apple's latest patent may tempt developers otherwise, that's not the thing they should be focused on.
Every mobile device vendor wishes in one way or another that it were Apple. The company has succeeded by delivering a complete hardware and content experience with its devices for nearly 20 years along with an attractive brand promise that make consumers wait in line to buy products sight unseen. How many times can Apple repeat this pattern and what level of success is its iPad tablet brand likely to see?
Apple sold 33.8 million iPhones in its most recent quarter, slightly above a consensus of analysts and a record for the company's September quarter. Apple also posted quarterly revenue of $37.5 billion and quarterly net profit of $7.5 billion in its fiscal fourth quarter. Overall, Apple's gross margin was 37 percent, compared to 40 percent in the year-ago quarter.
Apple reports its fiscal fourth-quarter results after the market closes today, and all eyes will be on how the company's iPhone business is doing, and to a lesser extent, how well its iPad tablet sales have held up.