Apple’s newest flashy iproduct might not be making quite the positive splash they’d hoped for…
- Consumer feedback has been harsh on the latest iPhone, reporting that when it is held a certain way reception is sketchy and calls are sometimes dropped.
- As a result, shares of Apple Inc. have dipped, leaving the company scrambling to issue software updates and attach a bumper accessory to fix the problem.
- Analysts, however, are doubtful that this blip in Apple stock will have any lasting effects. Apple products like the iPad and iPhone are still too widely popular to truly lower Apple’s stock valuation.
Best Quote
“Checks into Apple’s supply chain do not indicate slowdown in build plans or demand. But a greater focus on this issue could create risk to estimates.” – Shaw Wu, Analyst, Kaufman Bros.