This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Is Apple Losing Its Luster? Not by a Long Shot

There have been plenty of questions about demand for Apple products, with seemingly endless reports and market share analysis about demand falling. The proof is not in the pudding though.

Actual results from Verizon (VZ) and AT&T (T) are painting a different picture. During Verizon's fourth-quarter earnings call, the company noted 6.2 million iPhones were activated during the quarter, with half of them being the iPhone 5 version. Last week, AT&T said it activated 10.2 million smartphones, and while it didn't break out iPhone numbers many expect it to be in the 80% range. AT&T reports earnings later this week.





Demand for Apple products doesn't appear to be slowing down when looking at hard facts. While some consumers may be getting tired of the constant product refreshes, or are just looking for the "next best thing," judging by results of the telecoms, analysis of Wall Street research firms, and my own intuition, Apple is not losing its luster. Not by a long shot.

-- Written by Chris Ciaccia in New York

>Contact by Email.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
GOOG $524.05 0.00%
MSFT $41.62 0.00%
FB $80.78 0.00%
TSLA $206.79 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs