“Apple guided to a y/y decrease in revenue of 9% at the high end of its range, and I expect Apple to hit close to the high end at $52.5 billion for its fiscal Q2 (ending in March),” Mark Hibben writes for Seeking Alpha.
“Despite the disappointing y/y decline, investors have reason for optimism going forward,” Hibben writes. “The impact of the Samsung Galaxy S7 appears to have been less than expected, and first year Watch sales are expected to have outperformed the iPhone in its first year.”
“Consumer Intelligence Research Partners… [says that] iPhone increased market share y/y in the U.S. versus Samsung in the March quarter,” Hibben writes. “iPhone suffered very little sequential decline in market share, with about 40% of activations versus 43% in the December quarter.”
“The other bit of good news,” Hibben writes, “pointed out that analysts estimate that Apple sold 12 million Watches in its first year. That’s about double the number of iPhones in its first year.”
Read more in the full article here.
MacDailyNews Take: People don’t want fake iPhones, they want real iPhones… that work with their Apple Watches, and Apple Pay, and Apple Music, and their Macs, and their iPads, and iCloud, and the App Store, and FaceTime, and Messages…
Well that’s great news for Apple. So why is every single ad on this page an ad for Samsung Galaxy 7 and accessories? Every one of them. 8 out of 8. I guess some moron at Samsung thinks we’re interested?
“I guess some moron at Samsung thinks we’re interested?”
Or they know that most of the viewers are PC gamer/haters.