Apple Adds ‘Red Bull TV’ Action Sports Channel to Apple TV

Apple today expanded the lineup for its Apple TV set-top box, adding a new Red Bull TV channel with free action sports content carrying branding from the energy drink company. As noted by Variety, the channel includes coverage of live events, as well as curated playlists and on-demand content.

Red Bull TV live programming, films, shows and clips are now available to Apple TV users worldwide for free. Launched in 2010, Red Bull TV features “inspirational entertainment programming” designed to promote the beverage and its high-action brand image. Content includes live global events and sports, music and lifestyle entertainment.

Red Bull TV has also been available as an iOS app for several years.

Red Bull TV is just the latest in a long line of channel additions for the Apple TV over the last six months, with the most recent major expansion coming last month with the addition of Watch ABC, Bloomberg, Crackle, and KORTV.

Apple Continues to Lose Smartphone Share, Gain Mobile Phone Share in 4Q 2013 [iOS Blog]

Even as Apple’s share of the smartphone market declined in the fourth quarter of 2013, the rise of smartphones to replace more basic feature phones has allowed the company to continue increasing its share of the overall mobile phone market, according to new numbers from research firm IDC.

According to IDC, yearly smartphone shipments topped one billion for the first time in 2013 and now represent 55 percent of mobile phone shipments, up from under 42 percent in 2012. The fourth quarter alone saw smartphone capture over 58 percent of the overall mobile phone market.

Worldwide smartphone shipments in 4Q13 in millions of units (Source: IDC)
For full-year 2013, Apple’s iPhone sales increased by 12.9 percent over 2012, trailing the broader smartphone industry’s growth rate of 38.4 percent. Apple was, however, still able to retain firm control of second place in the rankings behind Samsung even as Apple’s market share fell from 18.7 percent to 15.3 percent. It was a similar story for the fourth quarter on its own, with Apple’s 6.7 percent growth in shipments trailing the broader market and causing the company’s share to dip from 20.9 percent to 17.9 percent.

Apple posted record shipment volume during 4Q13, driven primarily by the addition of multiple countries offering the iPhone 5S and 5C, and sustained demand from its initial markets that saw these models launch at the end of 3Q13. Still, Apple had the lowest year-on-year increase of all the leading vendors. Now that Apple has finally arrived at China Mobile, it remains to be seen how much Apple will close the gap against Samsung in 2014.

But when looking at the overall mobile phone market, Apple performs much better due to its exclusive focus on the rapidly growing smartphone segment. According to IDC’s numbers, Apple easily outpaced overall market growth of 4.8 percent for 2013 and 0.9 percent for the fourth quarter alone, boosting Apple to an 8.4 percent share for the full year and 10.4 percent for fourth quarter. Apple continues to sit firmly in third place among all mobile phone manufacturers behind Samsung and a rapidly falling Nokia.

Worldwide mobile phone shipments in 4Q13 in millions of units (Source: IDC)
Just yesterday, Apple released its earnings report for the fourth quarter (first fiscal quarter of 2014), revealing fairly strong overall performance but weaker than expected iPhone numbers that helped drive Apple’s stock down nearly 8 percent at the opening of trading today. And with the iPhone accounting for 56 percent of Apple’s revenue for the quarter, it’s clear the device continues to be the main factor in measuring Apple’s success.

Carl Icahn Buys $500 Million More in Apple Shares Following Earnings Dip [Mac Blog]

Activist investor Carl Icahn revealed this morning that he has purchased an additional $500 million in Apple shares following Wall Street’s disappointment with the company’s earnings announcement yesterday.

Apple’s share price closed at $550 yesterday, before falling as low as $503 at open this morning.

Just last week, Icahn announced that his share in Apple had passed $3 billion, then a day later he purchased another $500 million, and now, with the addition of today’s shares, Icahn now owns somewhere in excess of $4 billion in Apple, nearly 1% of the company.

Icahn has repeatedly pushed Apple to increase buyback of its own shares and yesterday’s news that the company has increased its cash on hand to more than $158 billion will likely have Icahn reiterating that demand.

Only 22 percent of Apple’s cash — some $34.4 billion — is located in the United States. The remaining $124.4 billion is located offshore, and Apple would need to pay significant amounts of corporate income tax if it were to bring that money back to the States for a share repurchase.

Apple and several other tech companies have been active in lobbying the Government to allow companies to bring cash back to the United States as part of a one-year “tax holiday”.

Just bought $500 mln more $AAPL shares. My buying seems to be going neck-and-neck with Apple's buyback program, but hope they win that race.

— Carl Icahn (@Carl_C_Icahn) January 28, 2014

Nintendo Denies Report of Plans to Release Demo Games on iOS

A Monday report from Japanese business newspaper Nikkei claimed Nintendo is planning unveil an iOS app to market content for its Wii U and 3DS, with the app allegedly featuring information about new games from Nintendo and the mobile initiative potentially also including playable demos of console and handheld games. In a statement provided to Engadget today, however, Nintendo has denied it is planning to offer such minigames on smartphone platforms.

“Nikkei’s article contains information previously stated by Mr Iwata during past press conferences, including statements which relate to Nintendo’s willingness to make use of smart devices to promote our products.

However during such past announcements Mr Iwata has also stated that Nintendo’s intention is not to make Nintendo software available on smart devices and as such, we can confirm that there are no plans to offer minigames on smartphone devices.”

Nintendo is at a crossroads as mobile gaming makes gains on both the console and handheld market. The Japanese game maker reported its third consecutive annual loss and adjusted its forecast to reflect a 35 billion yen ($335.76 million) operating loss, instead of the previously projected profit of 100 billion yen. The company also slashed it sales forecasts for the Wii U from 9 million to 2.8 million units and cut its estimates for the 3DS from 18 million to 13.5 million units.

Many investors and Nintendo fans have called for the legendary game company to embrace mobile platforms, but the company’s executives have so far remained steadfast in focusing their valuable game franchises only on Nintendo-branded hardware.