NEW YORK (TheStreet) -- Apple (AAPL) shares are down 0.5% to $113.31 in trading on Tuesday despite a report from app analytics firm Flurry suggesting that the Cupertino, CA-based technology company's products were responsible for 51.3% of new device activations worldwide between December 19 and December 25.
Samsung (SSNLF) was second on the list, accounting for 17.7% of activations, while Nokia (NOK) and Microsoft (MSFT) rounded out the top three with 5.8% of activations. Breaking down the numbers even further, the firm estimates that for every Samsung device that was activated last week Apple activated 2.9 devices, and for every Microsoft phone that was activated Apple activated 8.8 phones.
Flurry compiled its report using data from the 600,000 apps that it currently tracks. Christmas Day has historically been the busiest day for app downloads, according to the firm.
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TheStreet Ratings team rates APPLE INC as a Buy with a ratings score of A+. TheStreet Ratings Team has this to say about their recommendation:
"We rate APPLE INC (AAPL) a BUY. This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks that we rate. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, revenue growth, notable return on equity and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook."