“Apple is threatening Samsung’s dominance on its home turf, as the iPhone maker wins over South Korean consumers with its large-screen smartphones,” Ansuya Harjani reports for CNBC.
“The iPhone maker captured a record 33 percent of smartphone sales in South Korea in November, according to Counterpoint Research, the first time a foreign brand has exceeded the 20 percent market share in the history of the country’s smartphone industry,” Harjani reports. “Samsung’s share of the market, meanwhile, stood at 46 percent – down from above 60 percent just six months earlier.”
Harjani reports, “Apple also made significant headway in China, the world’s largest smartphone market, recording record sales in the mainland in November as rich, urban consumers warmed to the bigger iPhone form-factors.”
Read more in the full article here.
MacDailyNews Take: Sheesh, if Samsung Electronics loses their oh-so-trumpted-yet-rather-profitless “market share,” what do they have left?
Nothing but a home-grown OS that’s DOA and a bunch of stupidwatches that nobody’s buying.
The slavish copiers should thank their lucky stars every day that they still have Apple’s processor stamping business.
Related articles:
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iPhone 6/Plus deliver Apple record share of Samsung’s home market – January 21, 2015
Struggling Samsung forecast to see earnings drop for 2 straight years – January 20, 2015
Samsung and GlobalFoundries reportedly win majority of Apple A9 chip orders – January 16, 2015
Bend over Samsung. Apple is gonna give you more big giant spankings on your lousy dirty behind!!!
…With a long stick. Apple aren’t gonna touch that.
Forget Samsung getting spanked in the behind. I’m more concerned about Wall Street giving it to Apple shareholders in the behind and I don’t mean a spanking. Apple is having a super quarter and if Wall Street pounds Apple, then there simply is no hope left for Apple shareholders. Apple simply cannot beat a rigged market no matter how much revenue and profits it makes.
If you believe that is likely, then you have a couple of options.
1) Sell your AAPL now, wait for the drop, then buy back in. If you are wrong and the stock goes up, then you lose.
2) Limit the potential downside by purchasing put options (right to sell at a specified price). If you are wrong and the stock goes up, then you lose only the cost of the puts, but you continue to benefit from the rise in stock price and the quarterly dividends.
If you play the game correctly, then you can beat a rigged stockmarket even if Apple and AAPL do not.
Almost every year, AAPL drops after January report, before eventually recovering and gaining.
The most reasonable explanation is that Wall Street does not care that much how your last quarter was; that part only matters if you dramatically overshoot even the most optimistic forecasts by analysts (Apple’s own guidance here doesn’t really matter). What they care about is how you’ll do in the next quarter. Since first calendar quarter tends to be a modest one, and by giving conservative forecasts, Apple doesn’t make it any easier, Wall St. essentially takes the money out of play for a few weeks, disappointed by Apple’s forward guidance. Look at AAPL over the past several years; almost every January, there is a drop near the end of the month (time of quarterly report).
If you would like to take a bit more risk (than just holding AAPL long), you may want to sell some of your holdings and wait until Wednesday. Or, as Laughing_Boy48 suggested, give it a few more days, then buy some puts. You can sell them on Wednesday and probably make up some (if not completely cover) the loss of value of your AAPL holdings. If no drop happens, those puts were likely rather cheap, and your AAPL holdings are still there.
The first calendar drop is sales is entirely standard for any company that makes massive sales over the holidays. I call it ‘the recovery quarter’ when customers attempt to recover their bank accounts from the holiday consumerist buying binge. Logic rulz.
Luaghing_Boy48: You’re playing to the daytrader audience. Why?
Long term, what better stock is there these days than Apple? I can’t keep track of the number of companies busily destroying themselves or pulling the wool over their stockholder’s eyes. Not Apple!
Here is a good one from 2008.
I’d love to corral all these FUD MONGERS into one auditorium and have them explain their self proclaimed omnipotent stupidity.
http://www.edibleapple.com/2009/02/01/iphone-reaches-1-market-share-in-worldwide-cellphone-market/
Sent from my iPhone btw
2008 refers to the 1.1% marketshare goal that Apple did I. Fact reach.
samsung suffering
👅 🎉 🎊 🇭🇦🇭🇦