Apple Recap: Nokia’s Ad, Money Borrowing, and iPhone Rumors

Research firm Strategy Analytics reported last week that Apple’s (NASDAQ:AAPL) share of the global smartphone market fell from 22.8 percent in the year-ago quarter to 17.9 percent in the first quarter, signaling further problems for the iPhone maker and its flagship device. Bernstein Research analyst Toni Sacconaghi took the company’s third-quarter guidance as an indication that Apple’s market share will continue to drop in the next several quarters. Yet, despite ongoing concerns, shares of Apple ended the day in the green — closing up $12.92, or 3.10 percent, at $430.12. Here’s a cheat sheet to today’s top Apple stories:

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Apple-Samsung Fanboys, Microsoft Is Laughing At You

Despite Nokia’s (NYSE:NOK) Lumia 920 being named the Smartphone of the Year by Endgadget readers, Nokia has had difficulties selling its Microsoft (NASDAQ:MSFT) Windows Phone 8 powered smartphone; in the first three months of 2013, Windows Phone accounted for just 5.6 percent of all global smartphone sales. While this figure represented an increase from the 3.7 percent share the operating system commanded in the year-ago quarter, the company is still finding it hard to convince buyers that there are more than two operating systems in the world: Apple’s iOS and Google’s (NASDAQ:GOOG) Android.  A recent advertisement created to showcase the Lumia 920 made fun of this way of thinking… (Read more.)