Wednesday, October 19, 2011

'Rumours of Apple iPhone 5 Make Shares Slump'

Apple disappointed with the results of Wall Street stock trading reports. For the first time in several years, this report does not match expectations. Rumors iPhone 5 is widely heard in recent months, Apple has been blamed as the cause.

Shares of Apple fell by seven percent in extended trading stocks on Tuesday, eroded about USD 27 billion from the value of the largest technology companies in the world. This is Apple's first quarterly profit under the leadership of Chief Executive Tim Cook, who was appointed to replace Steve Jobs last August.

"The investors began to speculate, this change occurred after the death of Jobs and will be many challenges ahead," said Channing Smith, Co-Manager of Capital Advisors Growth Fund, one of the shareholders at Apple.

Reported by Reuters and quoted by on Wednesday (10.19.2011), Apple sold 17.07 million units of iPhones in the fourth quarter of this fiscal year which ends September 24. Though many praised, but this rate is quite far from analysts previously estimated as many as 20 million. Analysts have predicted that so high considering the iPhone is Apple's flagship product which contributes about 40 percent of Apple's annual sales.

Apple's revenue rose 39 percent to $ 28.27 billion, however, take this a little lower than the average estimate of analysts who pegged in the range of USD 29.69 billion. Many have mentioned, this is the first time Apple does not meet the revenue estimates since the fourth quarter of fiscal 2008.

4S iPhone announcement was reported earlier Apple fail to please investors. This mengkibatkan shares down. Some time after the release of the iPhone 4S, stocks could falter, down about 20 points. This is because it turns out Apple did not announce the existence of an actual iPhone 5 most anticipated. But despite Apple's stock reportedly fell, his position is still fairly safe.