This chart explains why Apple CEO Tim Cook went to China recently to launch Apple's new deal with wireless carrier China Mobile, the world's largest mobile carrier. Apple is basically getting its butt kicked right across Asia in terms of app revenue and usage, according to new data from Distimo, the mobile app market research company :
Apple just released new statistics on the adoption rate of its newest mobile software, iOS 7, revealing that almost every active iPhone or iPad is now running on the latest version of its operating system. Specifically, iOS 7 adoption is at 87 percent, which is a great deal higher than the share of Android devices running on Google's newest mobile OS update— Android 4.4 KitKat. Here's the chart from Apple:
Nomura analyst Stuart Jeffrey has a new note on Apple's iPhone business that, if true, has serious implications for the future of the company. Jeffrey believes Verizon is going to owe Apple $23.5 billion this year as part of its agreement to carry the iPhone.
Intelligent Speculator submits: Yesterday we wrote a post about the impacts of the iPhone being offered on Verizon (VZ) but we focused on Apple’s (AAPL) point of view. That being said, Verizon is one of the top dividend stocks in the U.S.