With iPhone 5 Apple’s Shares Rise by 1.4 Percent, Expected To Be A Major Booster To It’s Sales

Tech giant and world’s most valuable firm; Apple Inc uncovered its latest next-gen smartphone, iPhone 5, which came out after a long wait of almost a year, just as iPhone 4S was launched.

The new version of iPhone is quite similar to what was speculated. It boasts a larger screen, faster chip, cool looks and supports speedier wireless networks. With its latest offering, Apple hopes to lead and stay ahead of its rivals- Samsung, Google, Microsoft Corp. and Nokia Oyj who are its biggest competitors in the smartphone market, which stands at a value of $219.1 billion.

The cost of iPhone 5 ranges from $199 to $399.

With a glass and aluminum casing, the stylish iPhone 5 has a chip to process commands swiftly. The 4-inch screen is slightly bigger than its predecessors, which had 3.5-inches screens.

Apple also worked on its mobile software, adding 3D mapping, closer integration with Facebook and improvements on the Siri voice-recognition tool. With the revamped speech-command service Siri, users of iPhone 5 will be able to search for sports scores and make dinner reservations by simply speaking to the smartphone.

Following the launch of the enhanced iPhone 5, Apple’s shares gained 1.4 percent to $669.79 as of the close in New York, extending this year’s surge in Apple’s stock to 65 percent.

With iPhone 5, Apple hopes to sell around 48.2 million units by the end of Christmas season.

Since the debut of iPhones in 2007, Apple has sold more than 244 million units, which made the handset accountable for Apple’s two-thirds of profit.

Apple iPhone 5 is predicted to be the biggest hit of Apple’s smartphones so far.

The new iPhone, Apple’s sixth since 2007, works with LTE, data networks, which were introduced by companies including AT&T Inc. and Verizon Wireless. Samsung and Google’s Motorola Mobility also offer handsets that run on LTE, which carriers say offer quicker video, music and other content downloads, compared with the existing wireless networks.

Adding a bigger screen is Apple’s way of following a trend, which Samsung, HTC Corp. and Motorola Mobility started with their smartphones.

During the event, Apple also announced a new version of its updated iPod Touch wireless music player.

Pre-orders of iPhone 5 start today, Sept. 14th. The phone will hit the shelves on Sept. 21st. According to analysts, Apple may sell 10 million units of iPhone 5 by September end and the total number may reach to 48.2 million by December.

To achieve that big a mark poses a tough challenge to Apple, as the rivals are all set to prove they can break more ground and outshine more than the Cupertino Calif.-based company.… Read the rest

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Rivalry of Smartphones? First Apple, Now Nokia, Motorola to Launch New Smartphones

Apple Inc. has never been short of competitors. Earlier, the firm had an advantage of catching its rivals off guard by launching new devices all of a sudden. But now, with growing competition, Apple is never at loss for attracting news for the launch of its latest devices as speculations have been around for its next iPhone 5 and iPad Mini.

Major tech giants are now always on a look out to stay ahead of Apple and come out with devices earlier than Apple’s launch.
As rumors of Apple unveiling its iPhone 5 this Sept. 12th comes around, several other tech companies have also crammed up to unveil their latest offerings.
First in the line are Nokia and Motorola Mobility, both of whom have slated a press release for Wednesday, where they are likely to unveil new smartphones.

And the next day, Thursday is scheduled for Amazon, where it is expected to introduce new Kindle devices to users.
Samsung, however, took the jump ahead of all and unveiled ATIV S and Galaxy Note II at IFA 2012 in Berlin. Sony also made an announcement of new tablets at the same electronics conference in Berlin.
The tech event calendar is busy for next few days till the 12th, with all these major giants unveiling their new devices.

Many analysts believe that the news of Apple’s announcement of its latest iPhone 5 has had a major effect on its competitors, who have now lined up their releases for the same month as Apple’s!

Hoping for undivided attention, these makers now follow suit Apple and call for their press events to launch their products instead of unveiling them at electronic shows in the US.

The year, it seems will be particularly interesting for techies, not only for smartphones and tablets, but also for Microsoft, which is planning to launch its latest Windows 8 operating system anytime soon.

Microsoft is also going to launch its own Surface tablet, slated for October 26 release.

October will also see Apple’s iPad Mini, which will be a smaller version of iPad with a 7.85-inch screen, assuming to be in competition with Samsung tabs.
The week is especially important for Nokia, whose future depends upon the success or failure of its newer Lumia mobile devices.

Even though these tech giants get in line to compete and stay above each other, good news is for us, as users, who are getting better and faster devices with more affordable choices!… Read the rest

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