IPHONE LOSING ITS APPEAL IN SINGAPORE, HONG KONG AND OTHER COUNTRIES

iPhone Apple Inc’s fabled gadget is slowly deficit in terms of appeal among two of the Asia’s affluent, Singapore and Hong Kong, a victim of changing mobile habits and its own runaway success. Apathetic of iPhone fatigue, a desire to be different and a plethora of competing devices, users are eyeing for other brands. Market are mostly buying from Samsung Electronics Co Ltd, which causing Apple’s market descend. By the year of 2010, Singapore was dominated by iOS that almost all devices were ran by its operating system per capita more than anywhere else in the world. Lat year was a different story for iOS, according to StatCounter measure traffic collected across a network of 3 million websites—the Apple’s share of mobile devices such as iPad and iPhone declined sharply last year in Singapore. From a max out of 72 percent in January 2012, its share fell to 50 percent this month, while Android devices now account for 43 percent of the market, up from 20 percent in the same month last year. Same story was reported in Hong Kong where devices running Apple’s iOS now account for about 30 percent of the total, down from about 45 percent a year ago...

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GOVERNMENT TAKING CORRECTIVE ACTION TO INDIA’S SLOWDOWN

Prime Minister Manmohan Singh carried a contrarian note and warned India Inc of unjustified pessimism even as he guaranteed the industry of faster regulatory clearances, mitigation of inter-ministerial disagreements and a comprehensive review of the foreign investment policy to restore growth to its earlier trajectory.

The Prime Minister made a case for prompt and critical actions to realize 8 per cent economic growth yet terming the 5 per cent GDP expansion as clearly disappointing.

PM agreed that the role of the government is essential to take growth back to 8%. “India was growing above 9% before financial crisis,” he said. He further added that the slowdown is partially because of global factors and the government would take corrective actions...

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