Wednesday, September 19, 2012

Apple Inc. (NASDAQ:AAPL) iPhone 5 has been Highly Praised In Spite of Tiny Glitches

The Apple Inc.(NASDAQ:AAPL) iPhone has garnered immense praise from technology critics for its sleek design, bigger screen, and super-fast download speeds, in spite of coming under the scanner for flawed mapping technology. Walt Mossberg of the Wall Street Journal has declared it to be the best smartphone currently even if it has glitches.

Already, the latest iPhone has smashed records with more than 2 million pre-orders pouring in, in a matter of 24 hours. David Pogue attributes the popularity of iPhone 5 to its upgraded features like sound, camera, screen, and speed. But the mapping software created by Apple leaves a lot to be desired. It lacks public-transit routing, which gives a confused set of directions in urban areas.

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The mapping software is not the only problem. Pogue is not too happy with the new 9-pin dock connector as well because it has affected compatibility with third-party devices like cars, clocks and speakers. Even the adapters provided by Apple are not compatible with all accessories. But a definite improvement is the inclusion of new high-speed wireless networks known as LTE, or long-term evolution via which allows users to seamlessly switch between watching videos and browsing the Web.

Gene Munster, an analyst at Piper Jaffray has predicted that 6-10 million units will be sold during the opening weekend and figure will go up to 49 million from October to December. The shares of Apple reached a record high of $701.91 recently. But some still feel that Apple will receive good competition from Samsung, whose phones sport bigger screens than Apple and already 20+ million units of Galaxy S III has been sold.

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