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Apple’s App Store economy was worth more than $10bn last year, the maker of the iPhone said today, after a record-breaking December saw more than $1bn in sales and almost 3bn app downloads.
A new year brings a new perspective on Apple, with Wells Fargo analysts sensing a power shift for the iPhone maker and downgrading it from “Outperform” to “Market Perform”.
The stagecoach sages are turning bearish on worries that gross margins will come under pressure later this year with the iPhone 6, which would require new, more expensive components if the historic trend of a fresh design being introduced is repeated.
Here’s the perfect Christmas present for the ultimate Apple fan – the Cupertino, California company has just announced a computer featuring perhaps its most striking design to date is available to order from tomorrow.
Industry watchers scrutinise Apple announcements as hard as a customer might look at its high-resolution Retina displays, trying to see the individual pixels that are supposed to be indistinguishable to the human eye.
Thus, this morning’s announcement – that the iPad mini with its own new Retina display is now on sale – will be subject to the usual intense analysis.