Apple Recap: Profit Monster, PC Victories, iTunes Landmark

After staying in the green for most of the day on Wednesday, Apple (NASDAQ:AAPL) disappointed its investors once again by closing 0.11 percent down at $457.35. While some of the early trading activity was attributed to positive talk around the company, and more than one report suggested the company’s products was doing well, the markets continued their recent run of dislike for the stock. Here’s a cheat sheet to the top stories surrounding the company on the day…

Rivals and Profit Monsters

Apple and Samsung (SSNLF.PK) together made up 101 percent of all mobile phone profits in the last quarter of 2012, and the iPhone maker was the overwhelming winner with a commanding 72 percent share. Samsung accounted for 29 percent, according to research from Canaccord Genuity. For the full year, Apple’s $35.903 billion in operating income from mobile devices accounted for 69 percent of the total profits, while Samsung came in at 34 percent. The higher than 100 percent share for the two rivals was because Nokia’s (NYSE:NOK) losses gave it a negative 2 percent profit, while Motorola (NASDAQ:GOOG) and Sony (NYSE:SNE) together accounted for negative 1 percent.

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“Given the current competitive dynamics, we believe Apple and Samsung will maintain dominant value share during [the first quarter of 2013] with share gains for Samsung versus Apple expected,” Canaccord Genuity analyst T. Michael Walkley said. The gains for Samsung are expected because of the possibility of the launch of the Galaxy S4 handset at the end of March… (Read more)

Apple is the PC King

According to fourth-quarter data from Canalys, one in every three PCs shipped globally in the three months was a tablet, and Apple’s iPad accounted for just under half of that sector. Overall, one in every six PCs sold was an iPad, and with Mac sales taken into account, Apple was the top PC vendor in the world. Apple shipped 27 million units of Macs and iPads in the fourth quarter for a 20.1 percent share of the overall PC market, Canalys said.

Hewlett-Packard (NYSE:HPQ) came second with 15 million units and an 11.2 percent share, while Lenovo, in third place, was just 200,000 units behind it. Samsung shipped 11.7 million units for a 9 percent share of the overall market, with most of its sales coming from the Galaxy Tab line. Dell (NASDAQ:DELL), which is soon going private, rounded out the top five, though it saw a 19 percent drop in shipments… (Read more)

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Ecosystem Landmark

Apple’s ecosystem, touted as one of the company’s biggest strengths, keeps growing bigger. On Wednesday, the company announced a new record for its iTunes Store, with the music and media program surpassing the 25-billion mark in song purchases. Apple introduced the store in April 2003. The store — available on Macs, PCs, iPhones, iPads, and iPod touch players, has a catalog of more than 26 million songs and is available in 119 countries. The company announced at the end of December that its iTunes Store had launched in 56 new markets, bringing the total to 119. In addition, the company’s App Store has about 775,000 apps and has seen more than 40 billion downloads since it first opened… (Read more)

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