It is widely believed that the company has sold over 12 Million iPads during this time, as well as 33 Million iPhones, which is no mean feat.
Bill Shope of Goldman Sachs believes that the iPhone 5 is the most important smartphone launch in Apples history. In fact he is predicting that Apple’s stock price will rise from $700 to $750 on the back of this information. The iPhone 4S had a fantastic array of features, although it came as a major disappointment to many of the techies out there. Many of us believed that there would be a major overhaul in the way it looked, but at the announcement of the phone it looked no different to the iPhone 4. In fact, it seemed rather rushed.
Of course however, the inclusion of Siri and being released around the holiday season still enabled the iPhone 4S to sell in record numbers. Apple are only able to get away with releasing a minor upgrade like this only once however, how many of us would go out and purchase an iPhone 4S? I am guessing not many of you would answer yes to that question.
|iPhone 5 Concept|
Investors are already becoming a little concerned about whether Apple can keep up its tremendous growth speed, and it seems the only way that the company can do this will be releasing a hit, the iPhone 5 is the only way it can really accomplish this. It is fair to say that a lot of pressure has been placed on Apple to do this.
The facts surrounding the iPhone 5 are currently unclear. Nobody knows the release date, although it is expected to drop in October. Nobody knows what it looks like, and nobody knows what features it may have. It is fair to say however, based on the previous history of Apple, it is safe to say that it will be innovative and incredibly impressive. In fact it will most likely set the bar higher than ever before. What do you think about iPhone 5?