Apple Stock News: Archives

Tag: samsung

Apple Stock News: Archives

Tag: samsung

Apple Stock Forecast: Bullish Rally Goes On With Expansion To Austria And Leaks Of New Water-Resistant Lightining

Highlights:

  • iOS 11.3 preview release – New AR experiences with ARKit 1.5, Health Records – collaboration of Apple with hospitals and clinics
  • Apple opens first official store in Seoul, South Korea expanding its worldwide presence to 18 countries
  • Apple introduced new product in an effort to stay competitive with Google Home and Amazon Echo – HomePod
  • Q1 2018 results are released – all-time records from all perspectives

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[Source: Flickr.com]

Apple Stock News: Responsible For 93% Of Profits In Handset Industry

Apple is basically the only company making money from smartphones at this point. Every quarter, Canaccord Genuity analyst Michael Walkley takes a look at the state of profits of smartphone companies. Apple’s record-breaking holiday quarter, which brought in $18 billion in earnings, allowed the company to capture 93 percent of the profit in the handset industry. Besides Samsung, nobody else in the market is making any money, with BlackBerry, Lenovo, Sony, and HTC all lucky to break even.

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