apple shares up ahead of new iphone launch
Last Updated : GMT 13:26:10
Arab Today, arab today
Arab Today, arab today

Apple shares up ahead of new iPhone launch

Arab Today, arab today

Arab Today, arab today Apple shares up ahead of new iPhone launch

San Francisco - AFP

Apple\'s shares climbed ahead of an expected move on Tuesday to expand the iPhone domain with a pair of new models, including one aimed at China. Analysts believe a special event at Apple\'s headquarters in Silicon Valley will spotlight a more economical iPhone priced to compete in emerging markets where money is tight, along with a beefed-up top-end model. \"The key challenge for Apple this week is to demonstrate that it can maintain momentum in overall iPhone sales, and to do so in a way which won\'t drive down margins significantly,\" said Ovum chief telecoms analyst Jan Dawson. \"It\'s key for Apple to be able to find ways to drive growth at a higher rate again, and getting China\'s biggest carrier on board and launching a cheaper version of the iPhone are both key to doing that.\" Apple became a Wall Street darling by pairing blistering sales of culture-changing gadgets such as iPods, iPhones, and iPads with enviable \"margins,\" the difference between cost and price. Forrester analyst Charles Golvin told AFP the consensus is for Apple to unveil a new high-end phone, \"most likely called the 5S, with the same look and feel physically but with a speed boost; new processor, and new graphics capabilities.\" A lower-cost iPhone has been dubbed the 5C, \"because it would come in multiple colors analogous to today\'s iPod touch,\" Golvin said. Speculation about the iPhone 5S included the debut of a gold color and fingerprint recognition for enhanced security. \"For the most part, we view the iPhone5S as an evolution of the iPhone5 and as such do not view it as especially innovative,\" Citi Research said in a note to investors on Monday. \"However, with the inclusion of a fingerprint reader, Apple opens itself up to new opportunities, most notably mobile payments.\" It remained unknown how low a price Apple would be able to hit with the 5C. Gartner estimates that mobile phones priced $300 or more accounted for only 13.7 percent of overall phone sales last year, according to Citi. Analysts were keenly focused on the promise of a 5C to win over buyers in China and other developing markets, where there is fierce competition from low-priced smartphones powered by Google\'s Android operating system. FBN Securities on Monday predicted that launching two new iPhones would reverse gains made by Android-powered rivals in the market. Apple shares were up nearly two percent to $506.17 at the close of the trading day on the Nasdaq exchange. Apple has also invited press to a Wednesday event in Beijing that analysts believe signals a deal to add iPhones to China Mobile\'s massive telecom network in that country. \"The only real potential to surprise investors seems to be in the scope and velocity of a new China strategy and any new features within iOS 7 and fingerprint scanner technology,\" Barclays Equity Research said in a note focused on what is expected from Apple. Apple\'s iPhone franchise has historically focused on premium products at premium prices, essentially leaving the company \"unable to address\" approximately 60 percent of the opportunity in the smartphone market, the investment bank Cantor Fitzgerald said in an analyst note. \"We expect this to change with the introduction of the plastic-encased iPhone 5C,\" Cantor Fitzgerald said. Analysts did not foresee any talk of Apple watches or TV at the Tuesday event. The smartphone market is now dominated by Android devices, with roughly three-fourths of all handsets, but a forecast by research firm IDC suggested Apple will increase its share this year to 17.9 percent from 16.9 percent. At the heart of any iPhone announcements on Tuesday would be a dramatic overhaul to the iOS software powering Apple handsets. New iOS 7 software will debut with a free iTunes Radio Service featuring more than 200 stations \"and an incredible catalog of music from the iTunes Store,\" Apple announced earlier this year. The streaming radio service is part of what Apple chief Tim Cook branded the biggest change to iOS -- Apple\'s mobile operating system -- since the introduction of the iPhone in 2007.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

apple shares up ahead of new iphone launch apple shares up ahead of new iphone launch

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

apple shares up ahead of new iphone launch apple shares up ahead of new iphone launch

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday