“Apple may not have sold as many iPhones as investors and analysts hoped last quarter — even with the addition of China Mobile as a distribution partner in the world’s largest smartphone market — because some customers may already be holding off and waiting for the larger-screen iPhone 6 rumored to be released later this year,” Richard Nieva reports for CNET.
“Analysts on average are expecting Apple CEO Tim Cook to deliver $43.5 billion in sales, and profit of $10.19 a share, when the company reports second-quarter earnings after the market closes Wednesday. That’s down from the $43.6 billion in sales and $10.09 a share in profit the company had in the same quarter a year ago,” Nieva reports. “A big part of the drop has to do with the iPhone, Apple’s biggest moneymaker at more than half of sales. Apple has released a new iPhone every year since former CEO Steve Jobs introduced the device to the market in 2007. Consumers may be holding off on buying the current iPhone 5s and iPhone 5c, which each sport a 4-inch high-definition display, as they wait for larger-screen models in the second half of the year. Cook and company are reportedly gearing up to announce two new iPhone 6 models with display sizes of 4.7 and 5.5 inches.”
“‘We expect a slight pause in near-term iPhone sales due to the faster global ramp of new models in late 2013 as well as anticipation of the larger form-factor iPhone 6,’ said Brian Marshall, hardware and data analyst for International Strategy & Investment Group,” Nieva reports. “It’s not just an iPhone pause that may be hurting demand for Apple phones. The company’s biggest rival, Korean handset maker Samsung, may have wooed iPhone users over to its popular Galaxy smartphone with its new S5 model.”
MacDailyNews Take: Nieva just lays that last sentence out there without a foundation or any facts to back it up.
Full article here.
MacDailyNews Take: Korean handset maker Samsung wooed owners of the world’s best smartphones with their inferior 32-bit plastic antiques saddled with a malware-ridden and fragmented operating system and a second-class ecosystem? Got any proof of that, Richie? We ask because all of the hard data we’ve seen shows significantly more people switch to Apple iPhones from Android than from iPhone to fragmandroid.
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