Article : The Globe and Mail
New iPhone fails to wow investors, fans
On October 4, 2011 Apple revealed the long awaited new iPhone. However, instead of living up hype, Apple disappointed fans who were waiting to be blown away by new features. According to the Globe and Mail, Apple shares dropped as much as 4 per cent. This was interesting in that it showed the high expectation fans held for the upcoming iPhone.
Besides the features of a better processor and graphic performance, the 4S is identical to it’s predecessor. Henry Chee brings up a good point, Apple’s new model may not come with many new features but it is an improvement from the iPhone 3G. He brings to light the fact that it is the name that has disappointed consumers. They wanted an “iPhone 5”, but all they are getting is a newer “iPhone 4”.
iPhone 4S will be identical in appearance to the iPhone4
However, despite the news of share-dropping and disappointment. I have no doubt that the iPhone 4S will cause ridiculously long lineups. A quick look into any university class room will reveal the enormity of Apple’s influence on technology purchases. What does this mean with the release of a disappointing product? Probablly nothing.
As with the release of the iPhone 3GS, fans fought to get the new and improved model despite the lackluster upgrades. The demand for the iPhone 4S will probably be no different.