Months after Apple (AAPL) launched its much-hyped iPhone 6 and iPhone 6 Plus, the company remains unable to meet the huge demand from consumers.
In late November, Piper Jaffray analyst Gene Munster wrote in a research note that only 58 percent of iPhone 6/6 Plus models were in stock at retail stores nationwide. Thus, two months after the product launch, 42 percent were still unavailable for public sale.
Apple has never been the greatest purveyor of choice. The company decides what is best for its customers and then it is Apple’s way or the highway, but abandoning the size of its most popular ever product is ballsy even for Apple.
Furthermore, despite the success of the iPhone 6 and iPhone 6 Plus, there are a large number of grumbling iPhone owners who are not prepared to go bigger. Eventually time will force them to upgrade, but why force when you can have them joyfully snapping your hand off. Do you like these cheap iphone 6 Plus cases? If you like them , please go to icases-shop.com.
Samsung Electronics Co. perfected the phablet, Apple Inc. is taking it to another level. But four years after Samsung popularized the big-screen smartphone with the Galaxy Note, how long can Samsung continue to dominate the market it created?
In the two months since Apple Inc. introduced the iPhone 6 Plus, Apple fans have been flocking to the phablet world, expanding it significantly. Research from Kantar World Panel says the iPhone 6 Plus now makes up 41 percent of the U.S. phablet market share based on a survey of people who've purchased an iPhone 6 Plus since mid-September.
But relatively few of those iPhone 6 Plus buyers were switching from Android. According to the survey, just 9 percent of iPhone 6 and iPhone 6 Plus buyers switched from Android, while 85 percent of new iPhone buyers upgraded from an older iPhone, meaning the new larger devices are mostly attracting consumers who were already Apple fans.
“This is a question that comes up with every new category. What happens when a vendor that starts with 100 percent share in that category – a market of one? [Have they] lost their edge? Have they lost their ability to innovate?” said ABI analyst Jeff Orr. “No. I think that’s a mark of success to see any vendor give up market share because it’s a validation by other vendors that are forming an ecosystem around that solution.”
As of the third quarter, Samsung was the largest phablet manufacturer with 22 percent of the global market, while Apple was fifth, behind LG Electronics, Lenovo and ZTE, with just 5 percent of the global market, according to ABI Research. Samsung’s third-quarter phablet sales consisted of the Galaxy Note 3, Galaxy Note 3 Neo and Galaxy Mega handsets.
He also hailed "the biggest iPhone launch ever with the iPhone 6 and iPhone 6 Plus." Only weeks into the rollout, Cook told analysts that the demand for the new products was "staggering and geographically broad-based."
This has clearly not hurt Apple's bottom line. After the launch of the iPhone 6/6 Plus, Apple generated its strongest revenue growth rate in seven quarters, far surpassing the previous quarter's expectations and setting a new record for September quarter revenue.
And analysts expect the strong demand to continue. Last month, noting that public demand for the iPhone 6s continued to outstrip supply, analysts upped their earnings targets for Apple. On Nov. 20, one month after the Q4 earnings report announcement-and the same day Munster estimated that Apple was unable to meet the demand for 42 percent of its customers-Piper Jaffray raised its earnings target to $135 per share, up from his previous prediction of $120.
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