Source: Display Search Blog
quote: What some people are ignoring is the iPad mini is actually cutting into the sales of the larger iPads and the mini is expected to have a lower profit margin than the larger ones. Its not like people are picking up the both the 8" and the 10" they are picking up one of the other. Sales will probably start stalling in the next several months as they reach their maximum market penetration you either have an iPad already or your getting the mini if your staying with Apple. There is little repeat customers because the new ones are incremental upgrades not generational.iPhone 5 sales are flopping in China. Chinese consumers think its not that much of an increase over the 4s. The idea that one size phone fits all is not flying everywhere. Its still a big seller for AT&T here in the states but not around the world.The Mini might save it another quarter but without any miracles in the pipeline its only a matter of time. The stock is already showing weakness.
quote: We don’t really have an older product. We only have new products. We just announced the fourth generation iPad.The way we look at this is that we provide a fantastic iPod touch, we provide an incredible fourth generation iPad, iPad mini and iPad 2,” Cook continued. “Customers will decide which one, or two, or three, or all four of them they would like and will buy them.We’ve learned over the years not to worry about cannibalization of our own product,” Cook explained. “It’s much better for us to do that than for somebody else to do it.And the far, far bigger opportunity here are the 80-90 million PCs that are being sold per quarter,” said Cook. “There’s still over 300 million PCs being bought per year. And I think a great number of those people would be much better off buying an iPad or a Mac. And so I think that’s a much better opportunity for Apple.And so, instead of being focused on cannibalising ourselves, I look at it much more that it’s an enormous incremental opportunity for us.
quote: I think a great number of those people would be much better off buying an iPad or a Mac.
quote: iPhone 5 sales are flopping in China.