+ Reply
Results 1 to 4 of 4

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: iPhone 4S Sales Slowing in Developed Markets Despite Being Strong Globally

is a discussion within the

iPhone News

forums, a part of the

General iPhone

section;
In a recent note to investors, analyst T. Michael Walkley of Canaccord Genuity told investors that iPhone 4S sales are slowing in “certain developed markets.” According to him, the slowdown
...
  1. #1
    MMi Staff Writer Akshay Masand's Avatar
    Join Date
    Sep 2011
    Location
    New York City
    Posts
    3,894
    Thanks
    3
    Thanked 122 Times in 107 Posts

    Default iPhone 4S Sales Slowing in Developed Markets Despite Being Strong Globally


    In a recent note to investors, analyst T. Michael Walkley of Canaccord Genuity told investors that iPhone 4S sales are slowing in “certain developed markets.” According to him, the slowdown is an attribute to a fresh crop of dual-core and quad-core Android offerings that are set to release in the near future. It was also noted that some customers are beginning to wait for the next generation iPhone to arrive.

    Walkley continued to write “For example, our March channel checks at Verizon indicated a strong mix of LTE smartphones, and we believe Verizon has strong June quarter promotions planned for LTE smartphones.” Analysts don’t seem bothered by this trend though, as evidenced by an increased price target issued in the same report. Canaccord Genuity further reiterated its “buy” rating for Apple stock and even increased its target to $740 up from $710. Furthermore, despite the projected slump for the iPhone, the global sales of the iPhone continue to remain strong and Apple is still expected to announce that it sold 32.6 million iPhone handsets in Q2 2012.

    Source: AppleInsider
    Last edited by Akshay Masand; 04-20-2012 at 04:22 AM.

    Twitter: @AkshayMasand

  2. #2
    iPhone? More like MyPhone
    Join Date
    Jun 2010
    Posts
    151
    Thanks
    0
    Thanked 10 Times in 6 Posts

    Quote Originally Posted by cutefiona View Post
    Mod Edit: Spam
    Really? 32 million moved units in 4 months is lol worthy?
    Last edited by Cer0; 04-20-2012 at 01:05 AM.

  3. #3
    iPhone? More like MyPhone
    Join Date
    Mar 2012
    Posts
    112
    Thanks
    3
    Thanked 2 Times in 2 Posts

    Um, cuz we have them already? Plus people are waiting to see when the 5 is coming. This guy's giving Android too much credit. There's ALWAYS been another Android phone around the corner.
    Last edited by brodimus; 04-20-2012 at 06:50 AM.

  4. #4
    Previously Known as A.T MetallicaFan1991's Avatar
    Join Date
    Apr 2008
    Location
    Manchester, UK
    Posts
    1,582
    Thanks
    188
    Thanked 111 Times in 94 Posts

    It's cos we all want a major iOS haul and many have gotten into Apple's release dates so we'll all be gearing up for "the new iPhone".

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts