Apple's Q3 Report Expected to Be Light on Good News


Apple shares closed at $105.08 Monday — down 60 cents — as the market steeled itself for what’s expected to be a gloomy quarterly earnings call on Tuesday. Apple will underperform the smartphone industry and become the only global top-five brand to see shipments decline in 2016, predicted Ming-Chi Kuo, a KGI Securities analyst who previously has made several accurate calls on the company. Global iPhone shipments will fall short of the estimates of 210 million to 230 million units this year, Kuo wrote in a note to investors, totaling 205 million in the best case.

The original article can be found here: http://www.ecommercetimes.com/story/83419.html?rss=1

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Facebook Bathes in Q4 Mobile Magnificence


Facebook on Wednesday reported earnings of 79 cents per share on $5.84 billion in revenue for Q4 2015, and annual revenue of $17.93 billion, an increase of 44 percent year over year. Net income for the full year ended Dec. 31 was $3.69 billion. Analysts reportedly had expected per-share earnings of about 68 cents on revenue of $5.37 billion for the quarter. “2015 was a great year for Facebook,” CEO Mark Zuckerberg said. “Our community continued to grow and our business is thriving.”

The original article can be found here: http://www.ecommercetimes.com/story/83045.html?rss=1

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More than 70% of Apple Music revenues passed to rights owners, Apple confirms

Apple will pay out more than 70 cents of every dollar it earns from its new streaming music service, the company revealed on Monday, a slight premium over the rates paid by competing services like Spotify.



The original article can be found here: http://appleinsider.com.feedsportal.com/c/33975/f/616168/s/4740b095/sc/28/l/0Lappleinsider0N0Carticles0C150C0A60C150Cmore0Ethan0E70A0Eof0Eapple0Emusic0Erevenues0Epassed0Eto0Erights0Eowners0Eapple0Econfirms/story01.htm

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Amazon's Hot Sale Stokes Fire Phone Interest


Amazon on Monday dropped the price of its 32-gigabyte Fire Phone to a mere 99 cents from its original $199, with a two-year contract. The 64-gigabyte version now sells for $99, down from its launch price of $299. The offer is available exclusively for AT&T’s network and includes a free year of Prime. Coming so quickly after the phone’s July launch and the day before Apple was to debut its latest iPhone, the news raised more than a few eyebrows. Was the price cut in response to sluggish sales or was it a calculated step in a larger strategy?

The original article can be found here: http://www.ecommercetimes.com/story/81015.html?rss=1

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iPhone 5C offered for 97 cents at Walmart as store makes space for iPhone 6

Walmart has cut the price of the iPhone 5C to just 97 cents (with a two-year contract) as the store makes space for the iPhone 6, which is likely to be unveiled in a couple of weeks. The 5S model has also been discounted, to $79 from $99. 

The original article can be found here: http://www.foxnews.com/tech/2014/08/22/iphone-5c-offered-for-7-cents-at-walmart-as-store-makes-space-for-iphone-6/

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