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Apple Dazzles Wall Street with Mobile Device Sales, App Store Growth Yet Again

Apple Dazzles Wall Street with Mobile Device Sales, App Store Growth Yet AgainApple wowed Wall Street on Monday in its fiscal Q2 earnings report.

Beating analyst expectations by sizable margins, Apple posted quarterly revenue of $58 billion and quarterly net profit of $13.6 billion — $2.33 per diluted share.

Just how much did Apple’s growth expand year-over-year in the same quarter?
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Morgan Stanley Makes New iPhone Sales Projection

Morgan Stanley Makes New iPhone Sales ProjectionComparable to recent estimates put forward by the likes of Barclays and others, Morgan Stanley is out with a new projection for iPhone sales during the March quarter.

Although sales will not come close to those logged over the record-breaking blockbuster holiday quarter (in which Apple sold nearly 75 million units), don’t think the first three months of 2015 will be unkind to Apple.

According to Morgan Stanley analyst Katy Huberty, Apple can still barely keep up with demand for iPhone 6 and iPhone 6 Plus. Consequently, the analyst expects Apple to post sales of 54 million iPhones in the March quarter (Apple’s fiscal Q2 of 2015).
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No Stopping Apple Pay: GameStop Gets in the Mobile Payments Game

No Stopping Apple Pay GameStop Gets in the Mobile Payments GameGaming and electronics retailer GameStop is the latest prominent brand to adopt Apple Pay.

On Tuesday, the company announced that customers can start using Apple Pay to make payments with a single touch.

GameStop is bringing Apple Pay to its more than 4,200 U.S. video game stores this month.
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What’s at the Core of Apple’s March 9th Media Event?

What's at the Core of Apple's March 9th Media EventIf you’re expecting a new iPhone or iPad you may be sorely disappointed. Based on sources close to Apple, next week’s media event is primarily going to serve as a launch pad for Apple Watch.

Apple’s eagerly awaited wearable is due to ship next month but preorders could possibly begin as early as next week.

Chances are, we’ll find out during the Monday, March 9th event. For now, Apple is divulging much. The company’s press invite merely says it’s time to “Spring Forward.”
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Did The Chinese Government Just Blacklist Apple?

Did The Chinese Government Just Blacklist AppleApple may now be one of the most popular tech makers among Chinese consumers, but even the surging popularity of iPhones inside of the world’s largest mobile population hasn’t changed how Chinese government officials feel about iOS devices — they simply don’t trust them in high levels of government.

According to a new report from Reuters, China “has dropped some of the world’s leading technology brands from its approved state purchase lists.”

In their place are thousands of locally made products that are “trustworthy.”
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Apple and Samsung Reportedly Set to Collaborate Again on Next iPhone

Apple and Samsung Reportedly Set to Work on Next iPhoneBy the time Apple’s iPhone 6s drops this fall (we’re assuming that’s what it will be called) the finished product will once again come at the hands of both Apple and Samsung.

For as much as the two warring mobile tech rivals seemingly despite one another, business continues to compel the mobile superpowers to work together in a highly lucrative mutually beneficial relationship.

According to The Korea Times, Samsung is set to serve up DRAM memory for its next-gen iPhone.
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BMO Analyst Expects 200 Million iPhone Sales This Year

BMO Analyst Expetcs 200 Million iPhone Sales This YearBMO Capital Markets not only raised its price target to $135 for AAPL ahead of the weekend, but one of its top analysts also made a bold but possibly still conservative sales prediction for a number of current and future Apple products.

BMO analyst Keith Bachman expects 207 million iPhone sales in 2015.

“Apple’s current iPhone offering, pending the Watch launch and the strength of Apple’s family of products, combined with Apple’s large and loyal installed base, gives us confidence in our iPhone forecast,” the analyst told investors late last week.
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