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. Follow @Commodity_Bull
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