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Tuesday, 08 November 2011 12:31

iPhone 4S sales still going strong

Written by Fudzilla staff



Apple barely keeping up with demand


Deutsche Bank analyst Chris Whitmore is bullish on Apple and points to strong demand for the new iPhone 4S as the main reason behind his optimism.

Whitmore believes apple will sell about 28 million iPhones in the current quarter, what’s more demand shows no signs of letting up. All over the world retailers are simply running out of stock, but the situation is somewhat better when it comes to carriers.

Whitmore’s team rang about 30 retail stores only to learn that Apple’s daily stock-outs are at 85 to 90 percent. Apple retail staff are directing consumers to make online appointments rather than actually come to the shop, but it seems the company is doing a good job restocking the shops overnight.

More here.


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0 #1 trajan2448 2011-11-10 00:19
Its all about profits. Analyst T. Michael Walkley with Canaccord Genuity issued a note to investors on Friday in which he estimated Apple took more than half of the industry's operating profits in the third quarter of calendar 2011. That's a 5 percent increase from the third quarter of 2010, when Apple's share of industry operating profits was 47 percent.
 

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