Apple’s (AAPL) Refreshed iPhone Lineup Stalls Android Sales

on October 11, 2012

Brisk sales of Apple’s (AAPL) iPhone 5 and older model iPhones have taken the wind out of rival handsets running Google's (GOOG) Android operating system, Investor’s Business Daily reported.

In September, several smartphone vendors aggressively discounted their high-end flagship Android devices to mid- and low-tier pricing, but results were disappointing. One Android product continues to sell well, Samsung’s Galaxy S3 smartphone, but inventories are rising faster than sales.

As for Apple, the company is supply constrained for its new iPhone 5. But lower prices for its legacy iPhone products could prove to be a significant driver of sales.

One factor helping Apple sales is the brand’s strength among young people. Surveys indicate that 40% of teens own an iPhone, up from 34% in the spring and 23% a year ago. Plus, 62% of teens plan to make an iPhone their next smartphone, compared with just 22% looking to buy an Android phone.

AAPL is a Cabot Benjamin Graham Value Letter stock.

If This Week's Trades Don't Hand You At Least 30% Profits in 60 Days--You Won't Pay a Dime

Cabot Top Ten Trader's results have left our readers smiling all the way to the bank, with annualized profits of up to 50% on each of our trades--coming in as little as 30 days--even with the losers thrown in. All thanks to breakout winners like these...

  • Continental Resources 122%
  • Encore Aqua 101%
  • Cleveland Cliffs 93%
  • DryShips 95%
  • McMorRan Expl 91%
  • M&F Worldwide 78%

Don't wait until after the next economic numbers come out or the big profits will have passed you by. If you're serious about grabbing your share of profits from these quick trades, now is the time to join us...

For more, click here for details.


 

Get Your FREE Research Report!

Enter your email address below to start receiving the FREE e-letter, Cabot Wealth Advisory, and we'll immediately give you this research report ... absolutely FREE:

10 Stocks to Buy and Hold Forever

Enter Email Address:

We Value Your Privacy

Get this FREE report featuring 10 companies which: 

· Have a product or business model that is revolutionary
· Serve the mass market
· Are not yet known by the majority and are still small enough to grow rapidly.  

Our Chief Analyst originally produced this list five years ago.

The AVERAGE return for those 10 stocks over the past five years has been 52.4%.

Simply sign up to receive the FREE Cabot Wealth Advisory, the daily e-letter that delivers independent investment advice, focusing on growth stocks, emerging markets stocks and value stocks, and download the 10 companies in this NEW list.

Not interested or already a Cabot Wealth Advisory reader?
Click here to never see this message again.