Wall Street experts expect high success for Apple’s iPhone and iPad in the last quarter. However it seems questionable to few that while Google, the industry rivals with iPhone thrusting stores with their products, let that happen easily.
iPhone drives the growth mainly, as has been the case for the last many quarters. To reach consumers in the United States, Apple is building up anticipation over a specially designed mobile for the mobile network Verizon Wireless Inc.
Resilient against weak U.S consumer spending, Apple break through the $300 million mark this week and the shares stand at a record high. It is doubted that last quarter will be strong but investors demand exaggerated performance to keep the graph going upwards all the time.
As there are constraints pointed out in fresh supply of iPhone and iPad, analysts think that rising bar on the graph would be very difficult this time. However, as the Wall Street sees it, iPad could be the trump card and consumers’ increasing interest in the tablet might bring in the challenge to the market. Although the demands are increasing, production is limited.
iPhone which was the key factor in Apple’s drastic upward ride in the last many years, now facing market threats by the Google’s Android based smart phones. So now the investors think iPad as the second pillar along with iPhone.
Gleacher & Co. analyst Brian Marshall told that it would be an important combination of iPad and iPhone and both will do very well.
Analysts now expect iPad sales to touch the 4.5 to 5 million mark as Susquehanna Financial analyst Jeff Fidacaro warned that investors expectations are too high and it may be a disappointment if iPad sales doesn’t meet the 5 million landmark. However, following its launch in April, Apple sold 3.3 million iPad units in the June quarter.