Apple Inc.’s (NASDAQ:AAPL) iPhones’ Sales Break the Records- iPhone 6 Expected to Gain Even Larger Market Shares

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Apple Inc. (NASDAQ:AAPL) beat its fiscal third quarter’s earnings mainly because of its iPhones. Apple’s iPhones, despite facing tough competition in the smartphone industry, remained successful in grabbing consumer’s attention. Rumors have it that the company is planning on seizing a larger market share by introducing innovative features in its upcoming iPhone 6.

Apple Inc.’s (NASDAQ:AAPL) third quarter’s financial reports exceeded the expectations for it delivered around 35.2 million units of its iPhones. The company’s total revenues for that quarter were reported to be around $37.4 billion; sales of iPhones alone made up almost $17.75 billion of the revenues.

Rumors have it that the company might introduce two versions of its iPhone 6; one with a 4.7 inch display and the other with a 5.5 inch display. According to a report by Netbiscuits, larger smartphones have gained much popularity recently, and phones with a display of over 4 inches have seized a significant share of the market. Hence, chances are that Apple Inc. (NASDAQ:AAPL) will introduce larger iPhone 6.

Tim Crook, the chief executive of the company, said that Apple saw a 55 percent yearly increase in the sales of its iPhone, in the regions of India, Russia, China and Brazil. The sales of iPhone 6 will exceed the estimates in the region of China, if the company introduces larger iPhone since China Mobile is planning on introducing TD-LTE, a 4G device ramp.

The company can also charge higher price for its 5.5 inch iPhone as the demand for larger smartphones in constantly on a rise. Apple Inc. (NASDAQ:AAPL) introduced Touch ID on its iPhone 5s last year. As for this year, chances are really low that the company will be able to accomplish any big advancement.

Based on the leaked pictures of the upcoming iPhone 6, chances are that the glass on the smartphone will be unbreakable as it might be made from sapphire. Moreover, the pictures suggest that the new phone will not have any bezel. Rumors have it that the company might introduce new iDevices in iPhone 6 as it has recently made a deal with GT Advanced Technologies.

Apple Inc. (NASDAQ:AAPL) might introduce A7 chip in its upcoming phone: this is a 64- bit chip that has never been used in a smartphone before. Furthermore, chances are that iPhone 6 will run on iOS 8. The company is also planning on introducing Swype keyboards into its new operating software.

Apple Inc. (NASDAQ:AAPL) has introduced a number of new apps in its app store. It has also updated its messenger app by allowing some social networking functions on the app. The company is no doubt on a rise.

Coming to the share prices of Apple Inc. (NASDAQ:AAPL), on the last trade day, the company opened its stocks at a price of $95.36 and closed at a price of $95.12, after hitting the highest figures of $95.68. The company has a market capitalization of 569.57 billion with a price to earnings ratio of 15.36. As far as the dividend yield of the company’s stocks is concerned, the numbers are reported to be at 1.98 percent.

Apple Inc. (NASDAQ:AAPL)

Apple Inc. (NASDAQ:AAPL)

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