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Friday, October 15, 2010

Financial Times 
RIVALS YET TO SCRATCH SURFACE OF APPLE’S LEAD
Apple’s quarterly results on Monday are expected to confirm 2010 as the year of the iPad claims FT. Now a swathe of companies is approaching tablets as either large-format smartphones or keyboard-less notebooks. Apple could sell about 15m units this year of a product it introduced in April, according to analyst estimates. By comparison, the iPhone sold less than 6m units in its first full year. Christian Heidarson, principal analyst at Gartner, says direct competition from tablets will likely only shrink the PC market by 8 per cent this year. “But from 2013 onwards, the impact will be significantly more pronounced ... we will see tablets with the same capabilities as netbooks retailing for $300 instead of $600,” he says. Gartner’s Mr Heidarson says PC and smartphone makers are likely to find more success in making seven-inch tablets rather than trying to compete directly with Apple’s 9.7-inch iPad. Mobile operators are much more likely to want to subsidize a seven-inch tablet such as the Galaxy Tab than a bigger model that users may not always carry around with them. In a separate piece, FT announced that Verizon and AT&T will start to sell the iPad while China Unicom is apparently also considering this.

VIMPELCOM INVESTOR QUESTIONS SAWIRIS’ TERMS
Vimpelcom, Russia’s second-largest mobile phone operator, may need to reassess the price it is paying for most of the telecoms assets of Naguib Sawiris, the Egyptian entrepreneur, Telenor has signalled. Telenor, Norway’s leading telecoms group and Vimpelcom’s second-largest shareholder, said the $6.6bn deal could have to be revised given there was uncertainty about whether three of Mr Sawiris’ assets would form part of the transaction.

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