John Kirk has posted a terrific piece describing how large swaths of tech reporters seem unable to focus their “analysis” on anything other than market share. While Android’s world-wide market share is larger than Apple’s iOS, the higher market share is meaningless if the much higher profitability of iOS continues. After all, profits are the goal of businesses.
The article is worth a full read.
Disclosure: I am long AAPL.
- On market share (ben-evans.com)
What I really wanted to ask is why the hell do I have to keep updating apps on my iPhone all the time?
– John McCain, at yesterday’s hearing about Apple’s tax planning.
At this morning’s hearing on Apple, and before Apple representatives even testified, Senator Ran Paul blasted the efforts of other senators, who appear to be shaming Apple.
Good for him. Of course, Tim Cook and the other representatives from Apple were extremely gracious.
Apple took a major step forward by issuing debt and announcing it will return $100 billion to shareholders over the next three years. This is a vastly more shareholder-friendly capital allocation policy then where Apple stood a few months ago. We have added to our Apple position. Now we just wait for the release of Apple’s next blockbuster product.
Disclosure: I am long Apple.
- Einhorn’s Greenlight Capital Waiting for Next Apple Blockbuster (allthingsd.com)
- Einhorn Boosts Apple Stake, Praises Capital-Return Plan (bloomberg.com)
For the first time, Apple is now one of the top 10 companies in the annual Fortune 500 listing. Apple is number 6. Last year, Apple was number 17.
A new study from comScore shows that, during the first quarter, Apple is the number one manufacturer in the US, with a 39% share. Samsung is second, with a 27% share.
- Apple’s U.S. Smartphone Usage Share Approaches 40% (macrumors.com)
- Comscore: Apple continues to gain share in US market (electronista.com)
- Apple Leads Samsung in U.S. Smartphones (allthingsd.com)
Perhaps in a fantasy, according to Jean-Louis Gassée. If they did, one benefit would be that Apple could completely drop Samsung as a component provider.
Apple has painstakingly built out a full-featured ecosystem for its iPhone and iPad iOS devices. Why is this important? It seems that Apple is successfully luring more and more customers who buy into its ecosystem and will likely stay, once they have begun to purchase media and apps that run on the iOS operating system.
John Paczkowski, writing in All Things D, notes that, at least in the United States, this lock-in is increasing over time. The entire piece is worth a full read, but here is a taste.
So, Android’s seemingly inexorable ascension over the iPhone? Not quite so inexorable anymore. Apple’s smartphone continues to gain share over devices running Google’s mobile OS in the U.S.; so much so that, according to the Yankee Group, iPhone ownership in the U.S. will exceed Android ownership by 2015. The reason: Platform loyalty.
Apple’s iTunes Store will be 10 years old this Sunday. The Verge has a comprehensive history of the store’s development.
This new ad from Apple is effective even with very limited dialog.
If you follow Apple stock, you should read this essay by John Kirk. He does an admirable job of dissecting the true current and future performance of the company.
His bottom line:
If you look at Apple’s numbers for this quarter and the next, you might think you see a company in decline. But if you look at Apple’s numbers over the fiscal or annual year, you see anything but decline. Let’s put this in perspective: Would you rather have Apple’s profits or those of Google, Amazon, Microsoft or Samsung? Once you put it that way, the answer as to how Apple is doing becomes clear.
Apple dominates the most dominant tech sectors of our times. And unless I’m gravely mistaken, that’s a good thing. A very good thing.
Disclosure: I am long AAPL.
According to a new study, it is the 13 inch MacBook Pro.
Check out this important story from The Onion.