(Credit:
Sarah Tew/CNET)
Apple closed out 2012 on a high note with its iPhone sales, but many fear its momentum is already beginning to peter out.
The Cupertino, Calif., company said today that it sold 47.8 million iPhones in the fiscal first quarter (or the last quarter of the calendar year). The results were above analysts’ average projected sales of 46 million to 47 million units, although many analysts had higher estimates, and were left disappointed. It sold 37 million units a year ago.
What remains to be seen is whether the iPhone 5 can keep up with the pace of sales amid increasing competition from the likes of Samsung Electronics and its Galaxy S line. The iPhone franchise has long been
Read full article: http://www.nytimes.com/2013/01/26/opinion/blow-rig-the-vote.html
Source:
http://www.news.ezonearticle.com/2013/01/26/apple-sells-47-8m-iphones-in-q1/
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