In an article on CNBC, its was reported that Apple Inc. (NASDAQ:AAPL) is not able to meet the demands of the customers regarding its latest iPhone 6 and iPhone 6 Plus. In this regard, the source quoted Piper Jaffray analyst Gene Munster, which has claimed in an article that only 42% model are being sold by now by Apple Inc. (NASDAQ:AAPL). The source said that each year, Apple Inc. (NASDAQ:AAPL) face a massive, frantic demand of its new iPhones but this year has been extra ordinarily great for the company. People are lining up outside Apple stores and waiting for months and this tend is not depleting down. Apple is launching its iPhones in the emerging markets as well and sales are surging to new heights.
Apple Inc. (NASDAQ:AAPL)’s CEO Tim Cook has accepted the fact that Apple Inc. (NASDAQ:AAPL) is unable to maintain the balance between demand and supply for iPhone 6 and iPhone 6 Plus. He has announced that Apple Inc. (NASDAQ:AAPL) has the best sales record ever with iPhone 6. The company is recording massive sales from geographically broad canvases. This change of trend has given Apple Inc. (NASDAQ:AAPL) the biggest sales growth in seven quarters. Revenues are also growing and investors are happy; Apple Inc. (NASDAQ:AAPL) is about to become a $1 trillion market cap company.
The article quoted many experts who think that Apple Inc. (NASDAQ:AAPL) is faking the supply deficit in order to keep the demand up. One expert said that its like a night club—a big line in front of the club will increase curiosity and people will rush-in in order to know the happenings inside the club.
Apple Inc. (NASDAQ:AAPL) is also maitniantg this demand supply gap to avoid cannibalization, which has crushed its tablet business in the past.
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