Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Please click for more information, or scroll down to pass the ad, or Close Ad.
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
APC Free White Paper
Optimize your network investment &
Enter to win a Samsung Galaxy Note

www.apc.com
Enterprise I.T.
Fiercely productive scanners
Average Rating:
Rate this article:  
Analysts Estimate Record October for Apple
Analysts Estimate Record October for Apple

By Seth Fitzgerald
November 6, 2013 11:07AM

    Bookmark and Share
Apple's performance for October may be a good sign for the rest of 2013. Sales of the iPhone 5S and iPad Air have already been strong but analysts expect the iPad Mini with retina display -- which should come out by the end of November -- to provide another boost in Apple's sales for the quarter as the holiday shopping season progresses.
 



After examining its Taiwanese suppliers, an analyst has come to the conclusion that Apple had one of its best months on record in October. This record-breaking performance comes as a result of higher-than-expected sales of the iPad Air, iPhone 5S and new Mac computers.

Despite having a hard time with its landmark iPhone 5C, there was more demand for Apple's high-end iPhone 5S than most analysts had expected. In one of its newer markets, China, Apple is also becoming more prevalent and its share of the smartphone market has increased significantly as a result of the iPhone 5S.

A Record-Breaking Month

With the holiday shopping season rolling in, Apple's performance for October may be a good sign for the rest of 2013. Sales of the iPhone 5S and iPad Air have already been strong but analysts expect the iPad Mini with retina display -- which should come out by the end of November -- to provide another boost in Apple's sales for the quarter.

"We estimate sales in October rose by approximately 11 percent month-over-month and well above the October average of flat month-over-month performance over the past eight years," Cantor Fitzgerald analyst Brian White said Wednesday. "As such, we believe this October will prove to be the strongest in the history of our Apple Barometer."

As Android becomes more prevalent in both the smartphone and tablet markets, it is surprising that Apple has been able to accomplish sales numbers of this magnitude. Since the first fiscal quarter of 2014 is frequently Apple's best time for sales, the company may end up with consecutive record breaking months.

October is usually one of the quietest times for the tech industry as a whole, so with $7.5 billion in profit coming in for the month, Apple surely had more impressive sales than its closest competitors.

Growth in China

China has 1.3 billion residents and therefore, millions of customers in the consumer electronics market. The massive number of consumers has made China one of the most important markets for technology companies, and while Samsung still leads the smartphone industry, Apple is beginning to take hold.

The iPhone 5S has been responsible for most of Apple's growth in the Chinese smartphone market. With the 5S's success, Apple decided to offer the iPad Air on launch day in China (a first for the company.) These first-day launches not only show how important the market is to Apple but it also shows how successful Apple has been in taking over the Chinese tech industry.

In the most recent quarter, the iPhone 5S allowed Apple to regain its position as one of the top five smartphone manufacturers in China. Research from Canalys shows that Apple has seen 32 percent year-over-year growth in China. While this is good for a company that has historically struggled in the country, Samsung is reporting 156 percent year-over-year growth, showing just how far Apple still has to go.
 

Tell Us What You Think
Comment:

Name:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Enterprise I.T.
1.   Zebra Buys Motorola Enterprise Biz
2.   NSC Backs Disclosing Vulnerabilities
3.   Salesforce To Dominate S.F. Skyline
4.   Heartbleed Bug Could Disconnect IoT?
5.   Heartbleed Bug Jolts IT Admins


advertisement
Zebra Buys Motorola Enterprise Biz
Pays $3.45B in all-cash deal.
Average Rating:
Google Glass Finds a Home in Medicine
Hands-free information access a boon.
Average Rating:
Salesforce Gets Industry Specific
Connected cloud tools for six verticals.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
IBM Offers Security, Disaster Recovery as SoftLayer Service
New disaster recovery and security services for SoftLayer clients are being added by IBM. Big Blue said the new capabilities will speed cloud adoption by alleviating concern over business continuity.
 
How To Beat the Heartbleed Bug
Heartbleed headlines continue as IT admins scramble for answers no one has. Early reports of stolen personal data, including 900 social insurance numbers in Canada, are starting to trickle in.
 
After Heartbleed, OpenSSL Calls for More Support
The president of the OpenSSL Foundation says more support is needed from companies and governments that use its software so that it can better spot and fix flawed pieces of code such as Heartbleed.
 

Enterprise Hardware Spotlight
Vaio Fit 11A Battery Danger Forces Recall by Sony
Using a Sony Vaio Fit 11A laptop? It's time to send it back to Sony. In fact, Sony is encouraging people to stop using the laptop after several reports of its Panasonic battery overheating.
 
Continued Drop in Global PC Shipments Slows
Worldwide shipments of PCs fell during the first three months of the year, but the global slump in PC demand may be easing, with a considerable slowdown from last year's drops.
 
Google Glass Finds a Home in Medical Education, Practice
Google Glass may find its first markets in verticals in which hands-free access to data is a boon. Medicine is among the most prominent of those, as seen in a number of Glass experiments under way.
 

Mobile Technology Spotlight
Amazon 3D Smartphone Pics Leaked
E-commerce giant Amazon is reportedly set to launch a smartphone after years of development. Photos of the phone, which may feature a unique 3D interface, were leaked by tech pub BGR.
 
Zebra Tech Buys Motorola Enterprise for $3.45B
Weeks after Lenovo bought Motorola Mobility’s assets from Google for $2.91 million, Zebra Technologies is throwing down $3.45 billion for Motorola’s Enterprise business in an all-cash deal.
 
CTIA Caves, Volunteers Kill Switch Plan
After bucking against the concept of a smartphone kill switch, the CTIA just announced the “Smartphone Anti-Theft Voluntary Commitment” to thwart smartphone thefts in the U.S.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | Small Business | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters | XML/RSS Feed

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.