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The Much Expected Apple (NASDAQ:APPL) Win

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By on Technology & Software

Ever since the iPhone 6 and iPhone 6 Plus were launched, its sale figures seem to be growing on a steady pace. The devices are being sold at a steady pace and generating revenues. This is becoming a global phenomenon. IPhone 6 and iPhone 6 Plus seem to be the most desired products in smartphone industry, regardless of location. People remain queued outside stores for hours, in rain or sun, waiting to get their hands on the device. The World’s biggest company once again didn’t let its customers down. And as the year is reaching towards its end, Apple (NASDAQ:APPL) just recorded a remarkable fourth quarter figures. IPhone sales reached as high as 39.3 million hence giving Apple (NASDAQ:APPL) a huge revenue beat. Even though predication and speculations were of 38 million, it’s not the additional unit sales that make it so grand, but the fact that each unit was sold at a hefty $602 at average, which was a huge leap from last year. IPhones now take the lead of being Apple (NASDAQ:APPL)’s biggest revenue generator.

As if that wasn’t enough, figures also revealed Mac also did exceptionally well, taking sales from PCs. The only not so great product review was of iPads. There sales fell dramatically to 12.2 million units, which is short 14 million in comparison to last year.  A chunk of these sales were of the new iPad Air 2. The company as a whole is still getting used to the idea of tablets verses phones and Macs, and is in the process of thinking up strategies to once again gain ground on their iPad sales.

At this point and time, it seems that Apple (NASDAQ:APPL)’s problem lies in being too focused on phones and tablets. Nothing new seems to be coming up with Mac device. But for this year, they seem to have wrapped up very nicely and whatever the problems that can occur are left for next year.  Mac’s fate for the future can only be assessed with developments expected to surface in the coming year. Also, the Apple (NASDAQ:APPL) iWatch has many expectations attached to it. It’s Apple (NASDAQ:APPL)’s first venture into wearable devices. In the past Samsung (OTC: SSNLF) had introduced a watch but it didn’t do remarkably well. The market size for the iWatch will also be determined next year, once it becomes available in the market. Apple (NASDAQ:APPL), for this year has done enough to prove to customers and stakeholders that it has played the market well in terms of pushing up its already buoyant stock. For this year it is a mission that was accomplished successfully.

The quarter wrapped up pretty nicely with $155.2 billion in hand and $39.5 billion worth of net income for fiscal 2014. This is just a bit below its earnings from 2012, with the iPhone 5, which also took the world by storm.

The stock is pushing back at $100, but regardless of that Apple (NASDAQ:APPL) has been declared number one in the market.

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