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

 

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.

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Stock Picks

Tesla Motors

If you’re not on board the stock, there’s no rush. Wait for a better entry point in a more constructive market.

Church

Church & Dwight owns the Arm & Hammer, OxiClean and Trojan brands, as well as some smaller, faster-growing brands. But even after a 35% climb in 18 months, Church & Dwight still looks strong and poised for further gains.

Restoration Hardware

Restoration Hardware (RH) has been on my watch list for a long time. Believe it or not, I’ve been watching the stock for about a year—it was my Top Pick at the 2014 Cabot Investors Conference, nearly one year ago—and now, after a ton of starts and stops, shares look poised to get going.

Cabot Wealth Advisory

How to Make Money in Any Market

By Nancy Zambell on September 02, 2015

While none of us claim to be market predictors, we’ve all been investing for many years, and have lived—and profited—through lots of market cycles. Consequently, we’ve learned that money can be made in good and bad markets, and most certainly, during periods of volatility.Read More >

Apple vs. Tesla

By Timothy Lutts on September 01, 2015

Back on July 27, in a column titled “Sell Apple,” I told you that Apple, the world’s most loved and most highly valued company, was likely past its point of peak perception. I suggested that even though the company would continue to grow, its stock would suffer as investors slowly sold and went searching for the next Apple. (Precedents include both IBM and Microsoft.) Since that day, of course, the broad market has fallen apart, and it’s enlightening to see how certain stocks have behaved since then.Read More >

Market Shocks (and Aftershocks)

By Paul Goodwin on August 28, 2015

In the stock market, September is usually a time of increased purpose, as the giants of Wall Street return from their summer vacations (after Labor Day), tanned, re-energized and ready to grapple with the market and its challenges.Read More >