Apple Going Strong Despite What You Think
Printed From: MiddletownUSA.com
Category: Outside World
Forum Name: Tech News
Forum Description: Tech News From The World At Large
URL: http://www.middletownusa.com/forum/forum_posts.asp?TID=5241
Printed Date: Apr 27 2024 at 4:20am
Topic: Apple Going Strong Despite What You Think
Posted By: admin
Subject: Apple Going Strong Despite What You Think
Date Posted: May 03 2013 at 3:56pm
 With all of the new Android devices being released almost weekly, and the major decline in Apple’s stock since last fall, you would think that Apple is about to go out of business. This, of course, is an exaggeration as Apple just release their Q2 (Second Quarter) earnings numbers on Tuesday and they beat Wall Street’s expectations. Apple accrued a profit of $9.5 billion and a revenue of $43.6 billion. These revenues are slightly higher than what experts were predicting, but not quite as high a profit as Apple has had in the past. This is welcome news for the technology giant that has seen its stock drop over 300 points from a high of $705 a share to a low of under $400 a share since last September. Much of the concern has been over the fact that iPhone sales have been in decline, though still a massive source of revenue. iPhone sales for the last quarter were over 37.4 million units. While this is a great sales number, the growth of iPhone sales has slow quite a bit. One product, however, that showed a tremendous growth rate was the iPad. Compared to last year, iPad sales were up 65% to over 19 million units sold. The main thing that can be taken away from these figures is that Apple is still selling millions of products, but some new, “innovative” features may be necessary for continued growth. The increased competition from new, high quality Android phones such as the Samsung Galaxy S III has had a major impact on iPhone sales. Many experts are wondering if Apple will be able to keep up with the “cutting edge” Android devices that are taking more and more of the smartphone market. Many are also speculating if Apple will release an iPhone with a larger display this year to keep up with the trend of larger smartphone screens, but CEO Tim Cook shot many of those theories down. Cook, after being asked about possibly shipping an iPhone with a 5 inch display, went on to list many of the tradeoffs and problems that come with a display that size. He detailed resolution, color quality, brightness, and so on as being issues that would keep Apple from shipping a display that size “while these tradeoffs exist”. This may sound ridiculous to those Android customers that have displays over 5″, but Apple has shown that they are “slow” to adopt a trend until it is proven and established. The best example of this would be their decision not to implement LTE connectivity into their devices until it was a “proven” and widespread standard. Continued here on The Apple That Blog: http://applethat.com/2013/04/24/apple-still-going-strong-despite-the-perception-they-arent/" rel="nofollow - Apple Still Going Strong Despite Perception They Aren’t
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