Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Neustar, Inc.
Protect your website & network
using real-time information & analysis

www.neustar.biz
Enterprise I.T.
24/7/365 Network Uptime!
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:



Neustar, Inc. (NYSE: NSR) is a trusted, neutral provider of real-time information and analysis to the Internet, telecommunications, information services, financial services, retail, media and advertising sectors. Neustar applies its advanced, secure technologies in location, identification, and evaluation to help its customers promote and protect their businesses. More information is available at www.neustar.biz.


 Enterprise I.T.
1.   Windows 7 Ends Mainstream Support
2.   Another IE-Focused Patch Tuesday
3.   BlackBerry's Hip To Be Square
4.   Gartner Rates IT Security Companies
5.   Google I/O Brings a Lot for Biz Users


advertisement
Windows 7 Ends Mainstream Support
But extended support still available.
Average Rating:
Another IE-Focused Patch Tuesday
One critical for Internet Explorer.
Average Rating:
Gartner Rates IT Security Companies
IBM, HP, McAfee, Splunk ranked well.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Report: Chinese Hackers Hit U.S. Personnel Networks
Hackers from China broke into the computer networks of the U.S. Office of Personnel Management earlier this year with the intention of accessing the files of tens of thousands of federal employees.
 
Charges: Russian Stole Data from U.S. Restaurants, Zoo
A Russian man arrested on bank fraud and other charges hacked into computers at restaurants in Washington, hundreds of other retail businesses, and even the Phoenix Zoo, authorities say.
 
Another Month, Another IE-Focused Patch Tuesday
Microsoft rolled out 59 vulnerabilities for Internet Explorer in June. But the IE-patching party is not over yet. Redmond published six new security bulletins on Tuesday; two, critical; three, important.
 

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.