Apple’s iPad Loses Market Share to Android in Q4

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Market research firm Strategy Analytics reports that Android based tablets gave gained market share in the fourth quarter at the expense of Apple’s iPad. According to a statement released by Strategy Analytics, tablets running on Android accounted 22% of the tablet PC market in the quarter ending 31st December as compared to only 2.3% in the earlier quarter; an astounding ten-fold increase in market share. Apple’s iPad has borne the brunt of this unexpected rise in Android’s fortunes with market share slipping to 75% in Q4 as compared to 95% in the last quarter. → Read More

Apple to Introduce NFC Service on iPhone

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Apple has the added advantage of possessing a large financial database containing user credit-card numbers, iTunes gift-card balance and even bank data. This data can be easily synchronized to work with NFC-based services. Taylor Hamilton, an analyst at consultant IBISWorld Inc, feels that the introduction of NFC-based services on Apple devices has the potential to turn Apple into a big ticket e-commerce player. The introduction of NFC-based services will give Apple Inc. an opportunity to participate in the $6.2 trillion a year goods and services market in America. Additionally, Apple could potentially save big on credit card processing fees and other overheads by offering a direct bank debit facility to its customers once the NFC-based services are in place. → Read More

Post Steve Jobs – Will Apple’s Innovative Streak Continue ?

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For investment bankers and lay people alike, Steven P. Jobs has been the face of Apple Inc. – the company he co-founded in 1976. In the last decade, Apple has come up with a number of iconic and extremely successful products like the Macintosh, iMac, iBook, iPod and the recently launched iPhone. Apple’s ability to recognize and act on consumer trends coupled with some pretty ingenious innovation has seen it emerge as the world’s most valuable technology company surpassing software behemoth Microsoft early last year. Jobs’ latest medical leave announced this Monday has forced analysts to question whether Apple will retain its market leadership once Jobs is gone. Throughout his longstanding career at Apple, Steve Jobs has been intricately involved with all aspects of product design and development. According to Michael A. Cusumano, professor at the Massachusetts Institute of Technology’s Sloan School of Management, “Steve Jobs has this extraordinary ability to see into the future and instinctively see what people want, he’s done that consistently, in a way no one else has.” → Read More