Print 17 comment(s) - last by adiposity.. on Oct 18 at 6:06 PM

Investors expect a successful holiday season for Apple as well, but 2012 is unclear for now

Apple's shareholders have been sweating it out over the last couple of months as they saw the company's famed leader, former CEO Steve Jobs, step down and allow Tim Cook to take the reins. But despite this eventful period of time, the iPhone 4S blew past all previous iPhone sales records and restored faith in investors' eyes.

In addition to the replacement of Jobs, investors also worried about the growth of Google's Android mobile operating system, a bleak economic outlook, decreased consumer spending, and a relaunch of Microsoft and Nokia into the mobile war. Some investors even worry that Apple's share have "gone too far, too fast."

But Apple has a lot of advantages in its favor as well. For instance, iPhone 4S pre-orders hit one million in the first 24 hours of availability, and reached 4 million within the first weekend. This is more than double what the iPhone 4 achieved.

But many contribute this blowout sales record to some uncommon factors. For instance, this is the first iPhone launch that included Sprint as a carrier, racking up some extra sales due to new availability.

While this next event occurred after the initial iPhone 4S pre-order weekend, some investors say that the BlackBerry outage, which spread across Africa, the Middle East, Asia, Europe, the United States and Canada, helped Apple pick up a few extra sales after the release of the iPhone 4S on October 14.

Investors predict knockout results from Apple's July-September period, and also believe that the upcoming holiday season will be positive for Apple as well thanks to the iPhone 4S and the iPad 2.

For the September quarter, Wall Street expects 20 million to 22 million iPhone sales, a little above 4 million Mac sales, and 10 million iPad sales.

Current fiscal fourth-quarter revenue predictions are at $29.6 billion and earnings per share at $7.38.

While 2011 is looking good for Apple according to investors, it's unclear what 2012 will hold for the tech giant. But some say a third version of the iPad is expected, and may help catapult Apple into one of the top ranks once again.

Source: Reuters

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RE: Just goes to show
By xti on 10/18/2011 10:05:00 AM , Rating: 2
Did Steve jobs sleep with your mom? such hatred.

RE: Just goes to show
By GGA1759 on 10/18/2011 10:27:55 AM , Rating: 2
No hatred. Just truth. It's fine to want a product, but when people 'think' they need it and continue to set selling records, especially in a recession such as this, it shows how many sheep there are out there. You hear about people rushing out to get a new Android phone just because it's the latest model. Or people standing in line everytime a new HDTV model is out.

RE: Just goes to show
By GGA1759 on 10/18/2011 10:35:12 AM , Rating: 2
You *don't* hear about people rushing out to get a new Android phone just because it's the latest model.

Edit: Typo

RE: Just goes to show
By AnalogToDigitalKid on 10/18/11, Rating: -1
RE: Just goes to show
By GGA1759 on 10/18/2011 10:47:12 AM , Rating: 2
So having a phone that didn't get reception correctly and the solution from Apple was to hold it a different way? Yea, that's quality.

How are Android phones less quality?

RE: Just goes to show
By Tequilasunriser on 10/18/2011 11:06:32 AM , Rating: 2
How are Android phones less quality?

I wouldn't bother asking that.

Arguing tech these days is a lot like arguing religion. You both will waste time trying to convince each other who has the best opinion.

If you're happy with your current smartphone platform then that's all that matters. Haters are gonna hate one way or another.

RE: Just goes to show
By degobah77 on 10/18/2011 11:23:11 AM , Rating: 4
I think the Galaxy S II is, by a large margin, superior to the iPhone 4S. I like my iPhone, it was a great 'first' smartphone for me. Now, everyone wants an iPhone. I guess people just honestly don't know that there really are nicer, better phones available. I don't like to admit it myself, but a lot of people really are blinded by the whole Apple thing.

I was at the AT&T store on Saturday, and everyone was flocking in for the new iPhone, they didn't even bother to see what else was available. My friend educated himself, got rid of his iPhone and bought the Galaxy S II. It really does blow the iPhone away, thinner, lighter, bigger screen, faster, nicer looking, nicer feeling. It's just better in every way. Not to mention the swappable, upgradeable battery and upgradable storage.

Makes the iPhone look like a pre-paid plan type of phone.

RE: Just goes to show
By adiposity on 10/18/2011 6:06:28 PM , Rating: 2
There's a comparison of the two phones here:

Seems they are pretty even, to me. Personally I would like the larger screen, but I wish it were higher res.

I have Droid3 which is 960x540, although it is pentile. But I don't really want to go down to 800x400.

"If a man really wants to make a million dollars, the best way would be to start his own religion." -- Scientology founder L. Ron. Hubbard

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