While I tend to take self-styled investment experts with a ginormous grain of salt, it pays to keep tabs on what the "Street" is saying about the competition: SUMMARY: (1) Apple says it sold over 13 million iPhones this launch weekend compared to 11 million last year. (2) Last year excluded China which Apple reports contributes more than 40% of iPhone revenues. (3) Data suggest that non-China launch weekend sales fell from 11 million to 8 million. (4) While Apple crows about launch weekend, Android users grow annually by more than the entire iPhone installed base. ( 5) If Apple ever builds an iPhone good enough that users want to keep it more than two years, iPhone sales will slump and Apple stock will suffer.
3 replies (most recent on top)
Of course it's not. But it beats rumors about which PM or Dir. used company machines to access AM.
Seeking alpha is not trustworthy
Samsung is becoming high end dodo bird