Friday, July 5, 2013

Suites Near New Orleans Sports Venues - Samsung’s Galaxy S4 Sales Hit 20 Million – Can It Beat The iPhone 5?

Source - http://wallstcheatsheet.com/
By - Nathanael Arnold
Category - Suites Near New Orleans Sports Venues
Posted By - Homewood Suites New Orleans

 
Suites Near New Orleans Sports Venues

In contrast, Apple (NASDAQ:AAPL) sold about 47.8 million iPhones in the quarter following the release of the iPhone 5 on September 21, 2012. However, Apple does not break down iPhone sales figures by model, so this number also likely includes some older generation iPhones.

Samsung had previously announced Galaxy S4 sales of approximately 10 million about a month after its debut. However, a mid-June report from J.P. Morgan that suggested Galaxy S4 sales were unexpectedly slow recently sparked a 6.2 percent drop in the Korean company’s stock.

The Korea-based company has plans to sell approximately 100 million of the devices. However, J.P. Morgan estimates that the company is only likely to sell about 60 million.

Apple most recently reported iPhone sales of 37.4 million in the second quarter of this year. Sales of new smartphone models typically drop off after the first several months. Samsung’s product launch dates appear to be taking advantage of Apple’s somewhat predictable product refresh cycle.

Apple is widely expected to launch the next iteration of its flagship smartphone, also known as the “iPhone 5S,” in September. There are also widespread rumors and leaks that suggest the company will soon be unveiling a low-cost iPhone, or “iPhone lite,” that will be available in multiple colors.

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