Apple’s iPhone 5C/S Sales Crush Any and All Negative Speculation

 

Just as negative sentiments towards the future of Apple start to grow, new Apple CEO Tim Cook has, within a mere weekend, thrust Apple Inc. into another golden age. First weekend iPhone 5C/5S sales astoundingly topped 9 million units, showing that the company is by no means ready to give away its Market Share to Android and Samsung. To put that into perspective, with an estimated profit margin of 40% coupled with a selling price of $627, iPhone has, in three days, posted about 2.8 billion in profits, according to the math done by Forbes’ Tim Worstall.  The results are a testament to the power of Apple in the face of adversity, powering through its first real threat to its mobile phone market share with finesse. As well, you get a glimpse of Apple’s phone consumer base, which appears to be very steadily growing in favor of the phone, despite continued positive sales results from their competitors. In a case like Apple’s, when a product works, all you need is to upgrade its design from year to year to see better results. The real question is of how much longer Apple’s iPhone will keep its growing sales trend, as it can’t last forever… right?

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  1. Pingback: Nicholas Everett- Apple’s iPhone 5c/S Sales Crush Any and All | Faiyaz Moosa's Blog

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