Canalys told Bloomberg that Apple's market share in China plunged to just 5% during the second quarter, down from last year's 9%.
Tags: Apple
Billionaire Carl Icahn believes Apple shares must trade at USD700 each
Hedge fund billionaire Carl Icahn told Reuters he thinks Apple must trade at USD700 per share since the current price at USD489.57 each is too cheap for the company.
Samsung exec says Apple-mocking ads has worked wonders
Arno Lenior, Samsung Australia's chief marketing officer, said Apple-mocking ad campaigns has worked wonders for Samsung.
Samsung's odds to gain Obama's veto is slim - lawyers, analysts
According to lawyers and analysts, Samsung could not make the arguments on public policy grounds that Apple used to sway the Obama administration.
Tablet market to reach 900 million user base by 2017
Forrester Research predicted that the tablets' worldwide installed base would reach more than 900 million by 2017, up from 2010's 15 million users.
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The US Court of Appeals grilled Samsung over a patent case ruling that favored the South Korean company.
Apple would be given the upper hand if the International Trade Commission decided to favor the US tech titan.
T-Mobile disclosed that the iPhones from Apple generated 29% of the carrier's total sales during the second quarter.
Apple generated US$4 billion from iTunes software and services during the second quarter. Apple's iTunes Store has been a relevant source of income and a core to the tech giant's ecosystem.
According to Consumer Intelligence Research Partners, first time smartphone buyers would prefer Android units while repeat buyers would choose Apple products.
Nuance Communications recorded its highest price since May after Carl Icahn reportedly increased his stake in the speech recognition software developer.
Microsoft's Windows Phone boosted its smartphone market share from 3% to 4% allowing it to take the third highest position in the market.
Telstra's mobile market share in Australia rose to 50% as its income beat analysts' projections.
Android-powered smartphones continued to reign with its growing market share while iPhone and BlackBerry's sales plunged in the second quarter.
