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Smartphone News Byte: Amid Apple Developer Site Outage, Users Report Unauthorized Password Resets

Wochit 1:27 mins

Apple's developer site has been down for two days. amid umblings across social networks and developer forums point to concern that Apple may have suffered a security breach, similar to an attack on Dropbox last year, which led to a spam attack on many of its users. The death of a 23-year-old Chinese woman, who was allegedly electrocuted while answering a call on her iPhone, is now believed to be linked to a third-party USB charger. So Nokia missed its smartphone volume expectation by about 10%. BlackBerry missed its BlackBerry 10 volume consensus by about 15%. And HTC missed its earnings consensus by about 35%. The autumn outlook is gruesome for these second-tier vendors for many, many reasons. First, they all ramped up their key models during the spring with the Nokia Lumia 520, the BlackBerry Q10 and Z10, and the HTC One. This was not just any old quarter. This was a quarter when all three had major new models shipping pretty much throughout the quarter. By autumn, all of these new models will start losing their pricing power. A slow start is bad news.

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