by Christopher Freeburn | July 17, 2013 11:24 am
Here are your Apple rumors and AAPL news items for today:
Re-Sized: Consumers could be waiting longer than expected for the release of Apple‘s (AAPL) new iPhone, Bloomberg notes. A Taiwanese newspaper says that the company is considering postponing the launch of the iPhone 5S until the end of this year. Unnamed sources told the Commercial Times that Apple may increase the size of the iPhone 5S screen from 4-inches to 4.3-inches, forcing the delay. A number of analysts had expected Apple to release the iPhone 5S earlier this summer. More recent rumors have focused on a launch in September or October, which would be consistent with the launch of the iPhone 5 last year. The iPhone is experiencing intense competition from larger-screen smartphones running Google‘s (GOOG) Android operating system, including the Samsung Galaxy S4.
Surprise: Apple may have shipped as many as 32 million iPhones during the second calendar quarter, CNET notes. The forecast comes from Morgan Stanley (MS) analyst Katy Hubert. Wall Street expects Apple’s to have shipped about 26.5 million iPhones during the June quarter. Hubert said that her research indicated rising demand for discounted older iPhones could have boosted iPhone shipments to between 29 million and 32 million units in April, May and June. Hubert estimates that Apple will report June-quarter revenue of between $33.5 billion and $35.5 billion.
Drop: Sales of the iPhone in India declined sharply during the first three months of 2013, the Times of India notes. The report comes despite a new marketing campaign by Apple in India. Sales of the iPhone had risen after the launch of the iPhone 5, but appear to have fallen off since the final quarter of last year. The analysis comes from market research firm IDC, which indicated that sales of the iPhone in India had continued to fall, despite Apple’s new marketing efforts. During the final quarter of 2012, Apple sold 230,000 iPhones in India. Sales during the first quarter of 2013, however, amounted to just 120,000 units. The iPhone’s market share in India has fallen from 4.7% last year, to 2.1% during the first quarter of this year.
For more about the company, check out our previous Apple Rumors stories.
Source URL: https://investorplace.com/2013/07/wednesday-apple-rumors-bigger-screen-could-delay-iphone-5s/
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