“The Financial Times reports that Apple will have sold more iPhones during the last quarter in China than in the U.S. Using analysis by UBS, The Financial Times says China accounted for 36% of iPhone shipments compared to 24% here. A good showing in China could help calm fears that Apple will have trouble selling phones in emerging markets,” Joe Belfiglio reports for Yahoo Finance. “Yahoo Finance contributor Henry Blodget says China sales are key. ‘If it is true that Apple has sold more phones in China, that’s huge. If they can hang out at that high-end and there are enough people in China who are rich and want Apple and can see the value… they can sell a boatload of them.'”
“Blodget says he’s thinking about selling the stock. ‘I think I probably will sell. I don’t know if it will be before the quarter or after the quarter. I’ve had it for a couple years now. It’s been a wonderful run. I just worry we go into a period in which it moves sideways for a while,'” Belfiglio reports. “Shares of Apple have increased more than 40% over the last year.”
Belfiglio reports, “Blodget says Apple’s iPhone 6 is so good that it may deter people from upgrading. ‘My concern is after this. You can’t see the reason for upgrading. It’s a huge jump in terms of the size. Everybody wants bigger screens and they delivered that. Going forward in smart phones it’s going to be incremental improvements. You can’t make it much thinner and lighter.'”
Read more in the full article here.
MacDailyNews Take: Oh, ye of such little imagination and as if Apple’s quest for sapphire and explorations of Liquidmetal, for just two examples, haven’t been extensively documented.