Year 2012 seems to be “truly prolific year of
innovation” as far as the achievements are taken into consideration. With the
launch of updated iPhone and iPad, Tim Cook the CEO of Apple Inc.(NASDAQ:AAPL) too
acknowledged the year to be quite a productive year for the company. This year
the company revealed three new versions of the iPad which also includes the
iPad mini. Besides this, the company unveiled an iPhone with a larger screen,
refurbished iPod media players, updated Mac notebooks and desktops, and ofcourse,
the new generations of its mobile and desktop operating systems.
However, the saying goes that all innovation comes
at a price, proved true in case of Apple Inc. too. With the almost accurate
rumour of the company launching a series of new products curtailed the sale of
the recently added products to its counters and the eyes of the customers are
set on the new products to come. Even the constriction in the delivery of the
new device, as reflected through the website of the company which shows a three
to four week wait for the iPhone 5 a month after the smartphone was released,
is causing demand to outpace supply, which puts a damper on earnings.
So far this is what the financial analysts are
anticipating reasoning for the fall down of their estimates for Apple’s fiscal
fourth-quarter results today after the market closes. The shares of the company
reported a fall of 3.3 percent on October 23rd despite the upswing
of $ 700 for the first time last month. The shares closed yesterday at $616.83
in regular Nasdaq trading. The analysts further anticipate that the company’s
prediction for its first quarter might too be not that impressive when viewed
from an investors’ eye.
No comments:
Post a Comment