Year: 2010

The Mac doing very well in Europe

Pascal Cagni, Apple vice president and general manager for Europe, the Middle East, India and Africa, did in an interview with Katie Allen of “The Guardian.” Speaking after Apple’s earnings report for the fourth fiscal quarter, Cagni was optimistic on the Mac in Europe.

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Rumor: Apple to buy Sony (nope, won’t happen)

Shares of Sony rose nearly 3% on Tuesday as traders cited various media reports speculating that the Japanese electronics maker could be a potential acquisition target of Apple to help it jump into the gaming industry.

Apple currently has US$50 billion in cash reserves and has a market capitalization of $282 billion while Sony has a market cap of $34 billion. Financially Sony is within Apple’s reach.

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ABI Research: 19% of all phones shipped in 2Q were smartphones

According to ABI Research (http://www.abiresearch.com), smartphones made up 19% of all handsets shipped in the second quarter. That represents a 12% increase over the first quarter, and a 50% jump compared to the same quarter in 2009.

Senior analyst Michael Morgan says that these remarkable growth rates are being driven by falling (often heavily subsidized) handset prices. Cost is no longer much of an obstacle.

“One of the key remaining barriers to smartphone adoption in subsidized markets is now the cost of the data plan rather than the cost of the handset,” he says.

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