Wednesday, January 16, 2013
Multiple sources are saying that everything from discounted iPhones at multiple retailers over the holiday to lowered amounts of parts ordering are signifying the iPhone 5 isn't selling as well.
The talk has sent Apple stock south by nearly 125 points.
The facts are:
Walmart & Best Buy, with the latter company whining to Apple, said the iPhone 5 price cut led by Walmart was unfair and that they took nearly a $100K loss EACH! Not Apple … but the retailers.
Of course parts orders are down. Estimates are that Apple sold 47-59 MILLION iPhones in the most recent quarter. [Actual: 48 million]
Both major U.S. carriers are reporting RECORD smartphone sales this past quarter with Verizon hinting that more than ½ are iPhones.
Estimates are also that 60% of the most popular gift this Christmas (tablets) - were iPads.
iPad Mini stock is nearly 0 at most retailers.
Seems some people are depending on a huge bump in AAPL come the 23rd.
Apple plans to conduct a conference call to discuss financial results of its first fiscal quarter on Wednesday, January 23, 2013 at 5:00PM EST.
[UPDATE] And then of course ... there's this (link below), which pretty much seals it up that AAPL stock is being manipulated …
* credit to Daring Fireball for the link