With the New Year starts, companies are surveying the field for searching new investing ideas. With many other companies, the technology giant Apple still has the ability to run ahead this year.
The financial performance of Apple in fiscal year 2015 is completely dependent on the iPhone 6 and iPhone 6 Plus. As these two phones are hugely accepted by the people, so goes Apple. You might have heard that iPhone has made business of $100 billion and the success is not going to decrease any time soon. Well, multiple reasons are there for this.
One of the main reasons is that iPhone 6 and iPhone 6 Plus come with many technological upgrades that we do not see in the predecessor. These two iPhones are thinner, faster and larger that the iPhone 5s and the features that encourage the consumers to go for iPhone 6 and iPhone 6 Plus are the interesting Apple Pay and Health App.
Another reason is that a lot of Apple users were still using iPhone 4 and iPhone 4s at the time of iPhone 6 introductions. Last march an approximated 69% and 49% Chinese and American got either an iPhone 4s or iPhone 4. So there is a chance that these iPhone users will switch to Apple’s new iPhones.
Apple’s strongest quarter is always this holiday quarter and now it is to see what will be the sales in this quarter. We are expecting that Apple will cross the last year’s Q1 sale which was 51 million iPhones. Many analysts believe that Apple will sell approx 60 million iPhones in this year Q1 and it will report its upcoming earnings on 27 January. According to some optimistic analysts Apple will sell around 71 million iPhones, so iPhone will be the main factor in driving Apple’s growth.