Slipping in a market Tim Cook identified as "an area of enormous opportunity"
Thousands lined up for the iPhone 4S in Hong Kong. Image: Andrew Leyden.
There's a nugget of unanchored news in a report Reuters filed Friday.
"In the third quarter," wrote Lee Chyen Yee, "Huawei overtook Apple as the No.3 smartphone vendor in China."
Without identifying its source or specifying market shares, Reuters reported that Apple (AAPL) now trails Nokia (NOK), Samsung MORE
Philip Elmer-DeWitt - Dec 17, 2011 4:37 PM ET
But Brazil, where unlocked phones start at $1,400 U.S., not so much
Apple (AAPL) delivered the iPhone 4S to two dozen more countries Friday, bringing it -- by our count -- to 76, exceeding its stated goal to be in more than 70 countries by the end of the year.
Friday's launches were in Bahrain, Brazil, Chile, Cyprus, Egypt, French West Indies, Israel, Jordan, Kuwait, Malaysia, Morocco, Peru, Philippines, Qatar, Reunion Island, MORE
Philip Elmer-DeWitt - Dec 16, 2011 5:02 PM ET
This was the third grim year in a row for solar manufacturers, with many stocks down more than 65%. Now that solar panels are as cheap as conventional energy in some places, it won't be long before things rebound... right?
By Kevin Kelleher, contributor
FORTUNE -- Back in 2007, solar energy was one of the hottest stock sectors around. Oil prices were soaring to record highs, solar IPOs were winning warm welcomes MORE
Dec 16, 2011 11:22 AM ET
A bigger portion of spending will go to mobile computing, social networking and analytics. That means a new lineup of companies could benefit next year.
FORTUNE -- Worldwide IT spending is expected to hit $1.8 trillion in 2012, according to research firm IDC. An increasing portion of those dollars will be spent on fast-growing technologies like mobile computing, social networking and analytics, which means a new lineup of companies could start MORE
Michal Lev-Ram, writer - Dec 16, 2011 9:20 AM ET
After Franklin, Einstein and Jobs, the best-selling biographer is setting his sights on a lesser known -- yet pioneering -- figure in technology history.
By Richard Nieva, contributor
FORTUNE -- Walter Isaacson, the biographer of Benjamin Franklin, Henry Kissinger, Albert Einstein and, most recently, Steve Jobs plans to train his sights next on a lesser known figure in history: the 19th century scientist Ada Lovelace. Isaacson's book on Jobs has been number MORE
Dec 16, 2011 8:56 AM ET
Horace Dediu tells the story. The narrative is fictional, but the numbers, sadly, are real.
Source: Asymco
In masterpiece of analytical satire, Asymco's Horace Dediu on Thursday recreated the thought processes that led Wall Street's top analysts to grossly underestimate Apple's (AAPL) earnings every year since 2005.
Their performance would be laughable if it didn't materially affect Apple's share price. But the numbers these analysts come up with form the "consensus" that MORE
Philip Elmer-DeWitt - Dec 16, 2011 8:16 AM ET
Some of them are painfully out of tune, but it's for a good cause
Ignited, a high-tech advertising agency with offices in Los Angeles and New York, has come up with a clever holiday promotion. It will donate 5 cents (up to $2,500) to the Los Angeles Mission every time this YouTube video is viewed.
As of Friday morning, it had raised $1,282.55.
Ignited's clients include NBC, Sony and the NFL, but not MORE
Philip Elmer-DeWitt - Dec 16, 2011 7:10 AM ET
Fortune's curated selection of tech stories from the last 24 hours. Sign up to get the round-up delivered to you each and every day.
Zynga CEO Mark Pincus with One Kings Lane co-founder Alison Pincus.
* Zynga (ZNGA) raised around $1 billion in its initial public offering (IPO), giving the social gaming champ a $7 billion valuation. Check out colleague Dan Primack's list of the biggest winners to come out of this, including MORE
JP Mangalindan, Writer-Reporter - Dec 16, 2011 3:00 AM ET
The author discussed possible plans for expanding the 630-page book in the future with Fortune senior editor at large Adam Lashinsky.
By Richard Nieva, contributor
FORTUNE -- Liked Walter Isaacson's biography of Steve Jobs? There may be more to come.
At an event in San Francisco hosted by the Commonwealth Club of California, Isaacson shared a number of gems about the two years he spent with Jobs writing the book and talked about MORE
Dec 15, 2011 12:56 PM ET
Teenage females lead the way, averaging 3,952 messages per month. (Males: 2,815.)
Click to enlarge.
Although teenage females (does anyone still call them girls?) lead the way in texting, teenage males consume more data. Analyzing the monthly cell phone bills of roughly 65,000 mobile subscribers, Nielsen discovered that males age 13-17 took in 382 MB per month while their female counterparts used 266 MB.
Overall, mobile data usage among teens of both sexes was up 256% MORE
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| Company | Price | Change | % Change |
|---|---|---|---|
| Bank of America Corp... | 7.24 | -0.06 | -0.86% |
| Ford Motor Co | 12.26 | -0.48 | -3.75% |
| Frontier Communicati... | 4.22 | -0.25 | -5.59% |
| Juniper Networks Inc... | 21.62 | -0.75 | -3.33% |
| Cisco Systems Inc | 19.59 | -0.24 | -1.21% |
| Index | Last | Change | % Change |
|---|---|---|---|
| Dow | 12,663.49 | -71.14 | -0.56% |
| Nasdaq | 2,812.82 | 7.54 | 0.27% |
| S&P 500 | 1,315.83 | -2.60 | -0.20% |
| Treasuries | 1.91 | -0.02 | -1.09% |
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