Here are your�Apple rumors�and AAPL news items for Monday:
Apple Gaining in Smartphone Market: The iPhone remained the top-selling U.S. smartphone over the course of February, according to Barron’s.�Apple‘s (NASDAQ:AAPL) smartphone experienced a swift gain in sales this past month and picked up market share after a comparatively sluggish January. Despite solely producing a smartphone line, AAPL is projected to occupy 8.6% of the overall global handset market this quarter. The iPhone likely will move a total 32.6 million units for a�23.7% share of the global smartphone market, gaining swiftly on competitor Samsung‘s (PINK:SSNLF) projected�24.3% share at 33.5 million units. However, Google‘s (NASDAG:GOOG) Android remains the dominant smartphone operating system on the global market in spite of lagging behind iPhone in domestic sales — currently occupying a staunch 52.7% share.
Apple to Ship 65 Million iPads in 2012: According to Apple Insider, total iPad shipments are expected to rise by 20 million units over the course of 2012.�Anticipated�demand for the upcoming iPad 3 has set shipment figures at an unprecedented 40 million units. However, with recent cuts to the price of the iPad 2, shipments of Apple’s second-generation tablet will maintain a projected 25 million units as well — a figure possibly bolstered by ongoing rumors around the development of new iPad models.
App Store Reaches 25 Billion Downloads: The Los Angeles Times reports that Apple’s tablet and smartphone app store �just sold its 25 billionth download. Apple only recently passed its 15 billionth download in July, and has managed to sell a full 10 billion apps in the subsequent eight months; primary smartphone competitor Google�recently passed the 10 billionth app sale for its Android smartphone in December.
Adam Patterson is Assistant Editor of InvestorPlace. As of this writing, he did not hold a position in any of the aforementioned securities. For more from the company, check out our previous Apple Rumors stories.
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