BizRadio chats to Arthur Goldstuck about Apple’s place, position and future in the African market. He shares their latest results and chats about the new iPhone offerings – iPhone 5s & iPhone 5c and what he thinks Steve Jobs would feel about the brand today.
Arthur Godlstuck in conversation with BizRadio’s Grant Jansen
Podcast | Click HERE to listen
The Apple quarterly results delighted those who were looking for revenue growth, but provided a series of disappointments, especially lurking within record iPhone sales. Apple’s quarterly results were announced this week with yet another high point in Apple history: the most iPhones ever sold in an April-June quarter. Unfortunately, the sterling number of 31,2-million phones sold (up from 26-million in the same quarter a year ago) happened to be dramatically down from the January-March quarter, when it moved 37,4-million iPhones.
To make matters worse, half of these sales were of older 4 and 4S models – with prices and margins slashed to make way for the 5, resulting in Apple’s profit margin slipping from 42.8% a year ago to 36.9%. Tightening margins on iPads have also contributed to the slip.
Nevertheless, investors responded with delight to news that apps, software and iTunes sales had leaped by 25% and research and development spending was also climbing – reinforcing expectations of big new things from Apple – to read more
Let’s be reminded of Steve Job’s vision…joining the dots and more…