Apple's third quarter earnings fell short of many analyst's projections and came in only modestly higher than guidance. A mis-step with the release of the iPhone 4S, which Apple may never recover from, is being blamed.
Henry Blodget for SAI notes that last year Apple delayed the release of the iPhone and then released the iPhone 4S instead of the iPhone 5. Case manufacturers and customers were expecting a redesigned phone whose specifications had leaked prior to the event. Apple for some reason stuck to the old design with some minor improvements.
Blodget notes that this may have been a 'significant screw-up.' Apple's release of a 'refreshed' phone instead of a revolutionary product has opened the door for Samsung and others to leapfrog it. Although the iPhone 5 will likely best Samsung's Galaxy S3, Apple's lead has been squandered.
It won't then be long before Samsung, et al, release their next-gen phones, and these may once again leapfrog the iPhone 5. In other words, the one-year lead over the competition that Apple's iPhone always used to enjoy may now forever be a thing of the past.
Take a look at the video below for more...
Read More
Henry Blodget for SAI notes that last year Apple delayed the release of the iPhone and then released the iPhone 4S instead of the iPhone 5. Case manufacturers and customers were expecting a redesigned phone whose specifications had leaked prior to the event. Apple for some reason stuck to the old design with some minor improvements.
Blodget notes that this may have been a 'significant screw-up.' Apple's release of a 'refreshed' phone instead of a revolutionary product has opened the door for Samsung and others to leapfrog it. Although the iPhone 5 will likely best Samsung's Galaxy S3, Apple's lead has been squandered.
It won't then be long before Samsung, et al, release their next-gen phones, and these may once again leapfrog the iPhone 5. In other words, the one-year lead over the competition that Apple's iPhone always used to enjoy may now forever be a thing of the past.
Take a look at the video below for more...
Read More