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Join date : 2015-05-20
Location : United States

Apple Inc. (NASDAQ:AAPL) iPhone SE Supply Outweighs Demand

on Thu Apr 28, 2016 11:34 pm
Apple Inc. (NASDAQ:AAPL) today revealed that the demand for its iPhone SE is currently far outweighing its ability to supply the device. As a result the company’s online store has indicated that there will now be a two week delay for a new batch of iPhone SE phones. Additionally, the iPhone SEs are also almost completely unavailable for pickup in Apple Stores in the different cities across the United States of America.

The sales figures for the iPhone SE represents a stark contrast to the general sale of iPhones, as these sales figures continue to fall. In an earnings call by company’s CEO Tim Cook, it was revealed that the company recorded its first ever fall in the sales of these devices. Furthermore, the CEO disclosed that the sales figures have dropped 16% when compared to figures from the previous quarter. These figures are slightly worrying overall, considering that iPhones represents over two third of the revenue made by Apple...............

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Would it be a good time to buy, while Apple's bottomed out? They're a very big company and will come up with something to pull themselves out of this mess. As the saying goes, "too big to fail" comes into play here. They won't sell it. It'll be one of the Market's worse disaster if it did go down. Too much has been invested in it for this to happen. So I'd go as far a being BULLISH on it. Best price to buy-buy-buy!
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