BREAKING NEWS

Apple iPhone stumble seen opening door for rivals

TAIPEI/SEOUL - Rival smartphone makers are seen having a chance of exploiting a rare letdown by Apple in the launch of its new iPhone 4S model, which failed to wow fans, and grab a bigger share of the most lucrative part of the phone market, analysts said on Wednesday.
They also noted, however, that Apple has decided to keep older iPhone models and slash their prices, which could help the company expand sales in lower-end and developing markets, where Nokia and Samsung have dominated.
"Apple no longer has a leading edge, its cloud service is even behind (Google's mobile operating system) Android; it can only sell on brand loyalty now," said Gartner analyst C.K. Lu in Taipei.
"Users may wait to buy the next iPhone; if they can't wait, they may shift to brands with more advanced specs."