For the first time in two months,
) stock price dipped below the $400 mark this week, following some
worrying sentiments about iPhone 5 from tech analysts.
Oppenheimer's Ittai Kidron lowered his quarterly earnings estimates
for Apple to $35 billion in revenue from $36 billion, saying that
"our checks [are] already showing signs of delayed iPhone 5
Jefferies also lowered its price target on Apple to $405 from $420,
our checks indicate broad-based iPhone build plan cuts," which
meshes with the findings of Oppenheimer.
While Apple appears to be losing some steam, it's not all smooth
sailing for chief smartphone rival,
(OTCMKTS:SSNLF), either. Shares of the Korean company tanked
earlier in the month on reports that its much-hyped Galaxy S4 was
not selling as strongly as previously hoped.
"Compared to S3, S4 had stronger momentum in the first quarter of
launch," said JPMorgan Chase analyst JJ Park to AllThingsD. "But
the following quarter's shipment is expected to be disappointing
and its peak-quarter number seems way below our previous
Similarly, Wedge Partners' Jun Zhang also said that he thinks sales
of S4 have fallen 20% short of Samsung's target.
So, with two leading smartphone titans struggling a little at the
moment, has space in the market opened up for their competitors?
) would surely hope so. Its second-quarter report was posted this
morning, but the longer-term success of BlackBerry surely hinges
more on its upcoming Q5 smartphone. A lower-priced device targeted
at emerging markets, the Q5 is BlackBerry's attempt at regaining
its lost market share.
"[BlackBerry] has a unique ecosystem and will carve its own little
niche in the space. BlackBerry has nothing to fear from anyone
except itself. It is not threatened by
), or Apple, or anyone. As long as it has something different to
offer and stand out, it will prevail and do just fine," commented
George Kesarios at
), emerging markets might also prove to be its salvation. The
company's lower-end Asha phones, which run the Nokia S40 operating
system, "deliver fantastic functionality and quality for the price
asked," wrote Richard Windsor of tech blog
Radio Free Mobile
Windsor added that although what smartphone buyers "seem to care
about at the moment is the largest screen for the lowest possible
price… In the longer term, Nokia has the right characteristics to
be a dominant low-end handset supplier, and as long as it can hang
on through the tough times, life should be much sweeter on the
In developed markets, Nokia's fortunes appear to be improving too
as its Lumia series gains traction thanks to the slowly but surely
improving popularity of
) phones. By 2017, Windows phones will grab some 12.7% of worldwide
smartphone shipments, projected research firm
Of course, the smartphone market changes rapidly, and Apple or
Samsung or another Android-based company could release a
paradigm-changing blockbuster product that changes the market the
(NYSE:MMI) did with Razr and Apple did with the iPhone. But it
seems clear that the short-lived age of the Apple/Samsung hegemony
is all but over.
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