Prior to the last three months of 2012, Apple could seemingly do no wrong. Everyone loved its products, the stock price appreciated at a strong pace with some bumps along the way, and if you took jabs at the company, its stock or its products, you were crucified. That has all changed in recent months, and it may be reflecting a waning interest in the company's products if you believe research firms.
data by YCharts
Shares of Apple have fallen over 20% over the past three months.Research firm Kantar Worldpanel is out with a note that showed while Apple has over 50% market share in the United States, with 51.2% as of the end of Dec. 23, that's down from 53.3% as of Nov. 25, and perhaps a growing concern that Apple products are growing stale.
Kantar Worldpanel ComTech analyst Mary-Ann Parlato doesn't see it this way, noting that more than 30% of iOS sales came from other smartphones users in the past year. "In particular, 36% of iOS sales were derived from other smartphone users over the last year. While this figure remains stable over time, the proportion of Android users moving towards the Apple brand increases. 19% of iOS sales over the last year were derived from Android users, compared to 9% in 2011," Parlato said in the statement. She attributed this to both strong sales of the iPhone 5, as well as older models attracting customers. Still, it's important to note that market share slipped nearly more than 2%, with Google's (GOOG) Android operating system seeing an increase, moving from 44.2% to 44.8% market share in the United States. Another gainer was Microsoft's (MSFT) Windows phone, which moved up from 2.2% to 2.6%, though vastly behind both Apple and Google in market share.
Apple is set to report fiscal first-quarter earnings Wednesday after the close of trading. Analysts polled by Thomson Reuters expect Apple to earn $13.43 per share on $54.7 billion in revenue for the holiday quarter.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV