AppleUS giant Apple Inc has reportedly emerged as the most valuable US company surpassing Exxon once again. According to reports, the market capitalization of Apple was at $ 418.5 on Wednesday, while Exxon had a mobile capitalization of $ 413 billion. However, Exxon regained its position at the end of the day.

 Apple recently reported its first quarter financial results, where in the company posted record quarterly revenue of $46.33 billion and record quarterly net profit of $13.06 billion, against a revenue of $26.74 billion and net quarterly profit of $6 billion, for the same quarter in the past year.

As per the company report, Tim Cook, CEO, Apple has said that they are thrilled with their outstanding results and record-breaking sales of iPhones, iPads and Macs. He added that Apple’s momentum is incredibly strong, and they have some amazing new products in the pipeline.

Filed under:Mobile  Tagged with:
 

U.S. wireless operators Metro PCS and Leap Wireless have missed analysts’ estimates in terms of the number of subscribers added in the fourth quarter. According to a report by BN, MetroPCS added 197,000 new users during the period against an estimated 223,000 new users. Further, Leap Wireless has reported a monthly churn of 3.9 percent against the estimated 3.6 percent.

According to reports, a major reason for this decline is the affordable tariff plans introduced by some of the bigger players such as AT&T and Verizon. Sources claim that the combined offer of smartphones and iPhones with a contract by the leading telecom operators have also resulted in many subscribers switching to their services.

Filed under:Mobile  Tagged with:
 

Apple wins patent fight with Nokia (US)

Apple Inc. has won a U.S. trade ruling in a patent fight brought by Nokia Oyj over the technology used in mobile phones.

According to a judge with the U.S. International Trade Commission in Washington, Apple isn’t violating Nokia’s rights on five patents. The findings of ITC Judge E. James Gildea are subject to review by the six-member commission, which has the power to block imports of products found to infringe U.S. patents.

The two mobile-phone makers have been embroiled in litigation since October 2009, when Nokia filed a lawsuit accusing Apple of infringing 10 patents and demanding royalties on the millions of iPhones sold since the device’s introduction in 2007. Each company has since accused the other of infringing an increasing number of patents.

According to Laurie Armstrong, Nokia’s spokeswoman, while the company doesn’t agree that there has been no violation, they will wait to see the details of the ruling before we decide on any next steps.

As per Kristin Huguet, a spokeswoman for Apple, the Cupertino, California-based company had no comment. The judge’s reasons will be released to the public after both sides have a chance to redact confidential business information.

Nokia had claimed that Apple was infringing patents that the Finnish company described as pioneering innovations related to cameras, battery life, touch-screens, speakers and messaging. It sought an order barring imports of the iPhone.

Apple has its own patent-infringement claims against Nokia at the Washington agency. A different ITC judge, Charles Bullock, is scheduled to release his findings in that case on June 24.

The Nokia case is In the Matter of Certain Electronic Devices, Including Mobile Phones, Portable Music Players and Computers, 337-701, and Apple’s case is In the Matter of Mobile Communications and Computer Devices, 2707, U.S. International Trade Commission (Washington).

Filed under:Mobile  Tagged with:
 

A new research has revealed that US consumers are willing to give up room in their pockets and handbags to gain a richer media experience on their mobile devices. The U.S. market share for iPhones and other smartphones with screen sizes between 3.5 inches and 3.9 inches have remained steady, but smartphones with the largest screens (4 inches or larger) have grabbed market share from devices with screen sizes that are less than 3.5 inches.

Based on the latest reports, smartphones with 4-inch-or-larger screens, like Samsung’s Galaxy S, HTC’s EVO 4G and Motorola’s Droid X, which debuted in the second quarter (Q2) of 2010, quickly grew to encompass 24% of the market by Q4 2010. The market share for iPhones and other smartphones with screen sizes between 3.5 inches and 3.9 inches increased 2 percent over the prior year’s Q4; while the market share of smartphones with screens smaller than 3.4 inches, declined from 63 percent in Q4 2009 to just 36% of the smartphone market in Q4 2010.

The five best-selling handset models in 2010 that had screen sizes of 4 inches or larger were as follows:

  1. HTC EVO 4G
  2. Motorola Droid X
  3. Samsung Fascinate
  4. Samsung Captivate
  5. Samsung Vibrant

According to researchers, the explosion in Web and video content available for smartphones has caused consumers to rethink their phones’ sizes. Larger displays offer a richer media experience, as well as a roomier surface for on-screen keyboards. Handset vendors are continuing to push the envelope of pocket real estate to complement the video capabilities of 4G handsets.

While men still make up the largest share of consumers purchasing smartphones with the largest screen sizes, women are increasingly likely to buy them. In Q2 2010, just 30% percent of large-screen smartphone purchasers were women, but by Q4 2010, women represented 40% of large-screen smartphone sales.

Filed under:Mobile  Tagged with:
 

LogMeIn, remote computer management software has stated that it has launched an upgraded version of its LogMeIn Ignition service for the Apple iPhones and iPads. It is the first iOS app to combine remote control with file management.

With the introduction of file viewing and management, iOS device owners can now choose to remotely control a computer desktop or directly access a computer’s file systems – or multiple computers’ file systems – using a single app.

The new LogMeIn Ignition for iPhone/iPad also introduces the ability to wake a sleeping computer from an iPad, iPhone or iPod touch using Wake-On-LAN.

iPad 2 users will also benefit from increased speed and performance, with LogMeIn Ignition tuned to allow for multitasking and the simultaneous usage of remote control and file transfers.

 

Filed under:Mobile  Tagged with:
 

Index Ventures is revving up investment in companies that tie their fortunes to Google Inc.’s Android mobile operating system.

According to Mike Volpi, a partner at the Geneva-based venture-capital firm, a significant portion of their investment dollars in the next five years will go to Android. Index may pour as much as $125 million into mobile-related businesses in that time frame.

Volpi added that Venture investors are starting to view Android as a big opportunity — a reversal from a few years ago, when many balked at funding startups focusing purely on the software.

According to sources, the operating system’s surging growth has piqued their interest. Google accounted for 33% of smartphone shipments in the fourth quarter, as compared to 8.7% a year earlier. Twice as many Google-based devices were shipped as Apple Inc. iPhones.

According to Volpi, Android is poised to become as big a phenomenon on mobile devices as Microsoft Corp.’s software was on personal computers. Windows runs more than 90% of the world’s PCs. Android is the next Windows.

According to Chief Executive Officer, John Hering, Index has already invested in Android-focused companies, including LookOut Inc., which raised $19.5 million in a funding round led by the firm in December. LookOut offers security software and services for devices powered by Android, BlackBerry and Windows Phone software and counts McAfee Inc. as a competitor. More than 5 million customers use Android devices.

The biggest U.S. wireless carrier, Verizon Wireless has sold through its initial inventory of Apple Inc. iPhones in less than a day after starting to offer the device to its current customers.

According to the company, the preorders halted at 8:10 p.m. New York time yesterday, about 17 hours after they began. All potential buyers can order online on Feb. 9, and the devices will be in stores on Feb. 10.

Dan Mead, chief executive officer of Verizon Wireless stated that the handset broke Verizon’s first-day sales records in its first two hours. Verizon last week stated that the iPhone may help drive sales and profit up as much as 8% this year, if the company can sell 11 million of the phones.

Previously, U.S. customers could only get the iPhone on the network of AT&T Inc., the country’s second-largest wireless carrier.

Filed under:Mobile  Tagged with:
 

Consumer and media research firm Scarborough Research issued an analysis which finds that cellular usage is increasing at a faster rate among Hispanics than it is among the total population. The analysis is derived from the company’s Hispanic Multi-Market Study, which compiles information on lifestyles, technology adoption, demographics and media usage among adults age 18+ in 34 of the largest Hispanic markets in the U.S. Scarborough finds that the percentage of Hispanic adults who use a cellular phone grew 26 percent since 2005, versus 18 percent for all adults. Currently, cellular usage among Hispanics is on par with that of the general population as 82 percent of Hispanic adults use a cellular phone, versus 84 percent of total adults.

Hispanics are more likely than other cellular users to text message. Sixty-four percent of Hispanics who use a wireless phone text message, versus 56 percent of all cellular users. This group is also more likely than other cellular users to use their wireless device to:

  • Download music: 22 percent of Hispanic cellular users download or listen to music via their wireless device, versus 15 percent of all wireless users.
  • Play games: 19 percent of Hispanic cellular users play games on their wireless device, versus 15 percent of all wireless users.
  • Access social networking: 12 percent of Hispanic cellular users social network via their wireless device, versus 10 percent of all wireless users.

Additionally, the Hispanic smartphone growth rate is outpacing that of the total population. Nineteen percent of Hispanic adults currently live in a household that owns one or more smartphones such as Blackberries or iPhones versus five percent in 2005. Twenty-three percent of the general population currently owns these devices in their household, growing from nine percent in 2007.

“The rise of smartphones and apps is redefining mobile marketing,” said Alisa Joseph, vice president of advertiser and marketing services, Scarborough Research. “As this industry continues its rapid evolution, the importance of Hispanics as mobile marketing targets will only continue to expand.”

“In addition to knowledge about cellular feature usage and the types of devices being used by this consumer group, marketers could get more detailed by uncovering insights on how Hispanic cellular usage varies locally. For example, according to Scarborough, 96 percent of Hispanic adults in Atlanta use a wireless phone, versus 68 percent of those in Colorado Springs. So, clearly, understanding distinctions at the local level better informs strategy,” Ms. Joseph continued.

SOURCE: Scarborough Research, Scarborough Hispanic Multi-Market Study, Release 1 2010 (Current Six Months)

About Scarborough Research

Scarborough Research (www.scarborough.com, info@scarborough.com) measures the lifestyle and shopping patterns, media behaviors and demographics of American consumers, and is considered the authority on local market research. Scarborough’s core syndicated consumer insight studies in 77 Top-Tier Markets, its Multi-Market Study and its national USA+ Study are Media Rating Council (MRC) accredited. Other products and services include Scarborough Mid-Tier Local Market Studies, Hispanic Studies and Custom Research Solutions. Scarborough measures 2,000 consumer categories and serves a broad client base that includes marketers, advertising agencies, print and electronic media (broadcast and cable television, radio stations), sports teams and leagues and out-of-home media companies. Surveying more than 210,000 adults annually, Scarborough is a joint venture between Arbitron Inc. (www.arbitron.com) and The Nielsen Company (www.nielsen.com).

The BlackBerry Torch is the latest release from BlackBerry looking to penetrate the fiercely competitive touchscreen Smartphone market; a segment of the mobile phone market which has grown exponentially in the last twelve months, so much so that it is now recognized as a market of its own.

This is not the first time that BlackBerry have attempted to enter this market however, two previous models in the form of the Storm and Storm 2 looked to try and grab a piece of the market albeit quite unsuccessfully, largely due to their unique and quite unusual piezo ‘clickable’ touchscreens which received very mixed reviews.

Blackberry Torch 9800The Torch on the other hand, really distances itself from the Storm; it is BlackBerry’s first slider incorporating both a touchscreen and a physical QWERTY keyboard, essentially ‘the best of both worlds’. It is a concept that puts the Torch in quite a large bit of ‘middle ground’ sitting between the iPhones/HTC Desire HDs of this world and BlackBerry’s own Curve/Bold series. It creates an interesting debate as to whether the need for such a device exists, but if early sales figures and reviews are any reflection on the future, then it certainly looks as though the Torch will be lighting the way.

The reason for the encouraging reviews is quite clear when you look in a bit more detail at the specifications of this device; a 3.2 inch capacitive touchscreen capable of displaying 16 million colours at a resolution of 360 x 480 pixels, a full BlackBerry QWERTY keyboard, 4GB of internal storage, microSD support, microUSB port, HSDPA, Wi-Fi, Bluetooth, a 5 megapixel camera and of course, the latest iteration of BlackBerry software OS 6.0 which has been heavily optimised for touchscreen use.

Of course, as with any BlackBerry, the real attraction of the Torch is the exceptional push email services and BlackBerry Messenger; features which will essentially let you instantly message any other BlackBerry user, anywhere in the world. There is also access to third party applications thanks to BlackBerry Appworld, BlackBerry’s answer to the App Store in which you’ll find a huge selection of games and applications ranging from horoscopes to Sudoku and everything in between.

Aside from all of the features and specifications mentioned above, the Torch is quite possibly the best looking addition to the BlackBerry family with its compact looking design and sleek curves it really is a good looking phone from any angle and is a welcome break from the usual Smartphone form factor adopted by the likes of HTC, Apple, Samsung et al.

Filed under:Mobile  Tagged with:
 

JPMorgan Chase & Co. will give its investment bankers iPads to offer an additional mobile tool as Apple Inc. expands its domain to Wall Street, intimidating Research in Motion Ltd. in a market it usually conquered.

According t reports citing two managing directors at New York-based JPMorgan, the company believes there are real benefits in the working environment that can be realized using this device – as well as the personal productivity and enjoyment that come as part of the package.

Apple is building on its momentum in the tablet space, controlling its 95% market share to expand from its traditional consumer base into the corporate market as RIM readies a rival device, the BlackBerry PlayBook.

RIM is trying to catch up with Apple as banks including Morgan Stanley and Credit Suisse Group AG unveil applications for the iPad and Citigroup Inc. and Bank of America Corp. consider letting employees use iPhones instead BlackBerry.

As per the company’s previous e-mail, JPMorgan, the second-largest U.S. lender by assets behind Bank of America, will distribute iPads free of charge to all associates in its global investment banking division. Employees will get to keep the device as long as they remain at the unit until the pilot program ends on May 1, 2011.