As it set out to create its own pay-TV service last year, Apple had the ear of leading programmers, then lost it due to its hard-charging negotiating style, the Wall Street Journal reports.
The worldwide smartphone market is poised to rebound in later this year, Strategy Analytics predicted, as new flagship handsets from major vendors come to market.
Samsung posted its most profitable quarter in two years due largely to the success of its flagship Galaxy S7 phone. And the company said strong demand for handset components will likely continue to drive revenues through the rest of the year.
The worldwide smartphone market rebounded modestly in the second quarter, according to fresh data from Canalys, showing growth after a disappointing first quarter. More than 330 million smartphones were shipped during the period, flat sequentially but up slightly from the same period a year ago.
Apple registered its second consecutive quarterly decline in iPhone sales in the three months to Jun. 25-- the company's fiscal third quarter-- resulting in a 14.6 per cent year-on-year drop in revenue.
ABI Research said the downward trends in tablet shipments are forcing PC brands to develop new survival tactics for their product portfolios.
Apple once again pointed to growing revenue from services as it posted a second straight quarter of falling iPhone sales. But shares rose in after-hours trading Tuesday as the company beat expectations in some key areas.
When Apple reports earnings this week, it will once again find itself trying to demonstrate that it has a continued path for big growth. Many eyes will be on iPhone sales (with scrutiny on efforts in China), profit margins and any insights regarding Apple Watch. The market will question whether the iPhone 7 can help Apple break out of an innovation rut. But Apple may have already dropped the biggest hints regarding how it views its near-term innovation potential.
IDC noted that the worldwide smart watch market has seen a decline in shipments year-on-year for the first time after total shipments fell by 32 per cent to 3.5 million in the second quarter of 2016.
The global smartwatch market plunged 32 percent in the first half of 2016, according to fresh data from IDC, marking the first decline in a space that continues to live up to a considerable amount of hype. And Apple is leading the way down.