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.

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.


Headline News

Stock Picks

Loews Corp.

This undervalued stock has strong future earnings growth expectations.

Biogen

Biogen is the market-share leader in treating multiple sclerosis.

Weibo

One of Paul Godwin’s favorite stocks in his Cabot Emerging Markets Investor portfolio.

Cabot Wealth Advisory

Does Alibaba (BABA) Stock Measure Up to Amazon (AMZN)?

By Paul Goodwin on September 23, 2016

Alibaba (BABA) is the Amazon (AMZN) of China. But does BABA stock measure up to AMZN stock? Let’s break it down!Read More >

As Stock Market Trends Change, Invest in these New Leaders

By Michael Cintolo on September 22, 2016

History tells us that all stock market trends change, and if you don’t recognize the leaders of that change early, you risk missing out on the next big winners.Read More >

AMZN Stock vs. FB Stock: Which Is the Better Value Buy?

By J. Royden Ward on September 20, 2016

For the past five years, AMZN stock and FB stock have been two of the market's great growth stories. But could you make the case that either stock is still undervalued? Let’s break it down.Read More >