Chinese iPhone Market Luke Warm (LiveTradingNews)
Apple Inc. (NASDAQ:AAPL) related Chinese shares fell Tuesday after reports of shrinking reservations and reduced subsidy for its latest products in China hit Apple Inc.’s shares Monday. Suxhou Anjie Technology Co., Ltd., which provides Apple with functional components, dropped 4.50% on the Shenzhen stock market while Universal Scientific Industrial(Shanghai) Co., Ltd, a producer of WiFi devices for Apple, fell 3.66% on the Shanghai stock market. Apple Inc.’s shares suffered a 3.18% fall Monday, shedding US$ 14.78/share to end at US$ 450.12, and marking a loss of market value of US$ 13.4-B
Apple Crushes PC in Customer Satisfaction (247WallSt)
Apple Inc. (NASDAQ:AAPL) well outpaced every major personal computer (PC) maker in the new, annual ratings from widely regarded research firm ACSI. Whatever the problems Apple has with its iPhone and iPad sales and competition, these did not show up at all in the report. ACSI reported that Apple’s overall satisfaction score was 87%, which was an improvement of 1% and tied Apple’s best score, which was posted in 2011. The score was also the third highest for any product of any kind measured by ACSI. Apple’s score was up 13% from the base year of 1995. ACSI does consumer satisfaction surveys across dozens of categories that cover hundreds of companies.
China Unicom sells 100,000 new iPhones (ChinaDaily)
China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU), the nation’s second largest telecom operator by subscriber, announced on Monday that it had received 100,000 online orders over a period of five days for Apple Inc. (NASDAQ:AAPL)’s latest iPhone models. China Unicom said it opened online booking three hours after Apple’s Beijing product launch event on Sept 11. It said Chinese customers can purchase iPhone 5S and iPhone 5C handsets through both its online and offline channels. China Unicom (Hong Kong) Limited (ADR) (NYSE:CHU) is the first Chinese telecom carrier to cooperate with Apple selling iPhones. The company has offered both iPhone 3G and iPhone 3GS on contract since 2009.
Apple Inc., China And The Dragon That Ate Its Tail (Fool)
The simple fact about consumer product companies — whether they make cars, smartphones or shampoo — is that they keep having to reinvent themselves. The latest smartphone is only the latest smartphone for a few months. That fancy car you bought is only fancy for a while, before there is another new model. Companies are constantly having to bring out new products, invent pioneering technology and enter new markets to make sure they maintain their profitability. You could liken it to a dragon that is eating its tail.
iPhone 5S: has Apple given up on innovation? (TheGuardian)
Last week, Apple Inc. (NASDAQ:AAPL)’s CEO Tim Cook launched two new iPhones that aren’t especially new. One is plastic (or “beautifully, unapologetically plastic”, in Apple-speak) and comes in five colours, which you can admire for a minute before popping it into its case for all eternity. At £549 a pop, that’s still cheaper than the other model. The iPhone 5s can read your fingerprint, is faster than the previous model and comes in different hues, including grey (officially, “space grey”) and gold (sadly not “oligarch gold”). This makes it the most “forward-thinking phone” on the planet, claimed the Californian tech overlords.