Friday Apple Rumors — AT&T Ekes Out iPhone Win Over Verizon

daily apple rumors AAPLHere are your daily Apple rumors and news items for Friday:

AT&T Outsells Verizon in Third-Quarter iPhone Race: AT&T (NYSE:T) revealed on Thursday that its third-quarter iPhone sales weren’t quite as robust as those in the second quarter — just 2.7 million iPhones compared to 3.6 million in the previous period. Disappointing? Sure, but not bad considering those numbers still made for a win against Verizon‘s (NYSE:VZ) iPhone business. A report at Apple Insider said that Verizon sold just 2 million iPhones during the quarter. Of course, Verizon only offered a single model of Apple‘s (NASDAQ:AAPL) smartphone, while AT&T offered multiple at different price points during the same period. Plus, Verizon turned in profits of $1.38 billion — just about two times the profits from the same quarter in 2010. The telecom and its shareholders probably aren’t worried about their iPhone sales.

Android Tablets Gain (a Little) Ground: A new report from research firm Strategy Analytics, detailed at 9 to 5 Mac, found that a few more people are buying tablets running Google‘s (NASDAQ:GOOG) Android operating system. By the firm’s estimation, the iPad’s share of the global tablet market shrank from 96% during the third quarter of 2010 to 67% during the third quarter of 2011. Android’s share grew from just 2% in 2010 to 27% this year. What’s spurring Android tablet sales? Samsung‘s (PINK:SSNLF) Galaxy Tab 10.1 — the very same device that Apple is actively trying to block from sale around the world. The Galaxy Tab accounted for 9% of the total tablet market.

All Apple Devices More Expensive Than the PC: Nearly all, at least. According to a Friday report at Mac Rumors, nearly every Apple device on sale today is more expensive than the average non-Apple PC. The average selling price of Apple’s three most popular products — the Mac computer line, the iPad and the iPhone — was $733 during the first nine months of 2011. The average Microsoft (NASDAQ:MSFT) Windows-running PC cost around $491.

As of this writing, Anthony John Agnello did not own a position in any of the stocks named here. Follow him on Twitter at @ajohnagnello and become a fan of InvestorPlace on Facebook.


Article printed from InvestorPlace Media, https://investorplace.com/2011/10/friday-apple-rumors-att-verizon-iphone-sales-galaxy-tab-android-tablet/.

©2024 InvestorPlace Media, LLC