Apple's Great iPhone Mix

When Apple (NASDAQ: AAPL  ) reported that it sold 51 million iPhone units during its fiscal first quarter, investors were disappointed as they had expected that the company would do more along the lines of 55 million-56 million. That being said, while the units disappointed, the mix was extremely favorable as iPhone ASPs rose pretty significantly sequentially. This, at the very least, serves to allay any fear that Apple would see mix shift toward lower cost devices following the launch of the iPhone 5c. 

With Apple on the cusp of launching a larger iPhone, and given that the high end flavors of these large phones tend to carry higher average selling prices, Apple could actually see some pretty meaningful share gains and average selling price uplift. Join Evan Niu, CFA and Ashraf Eassa as they discuss these results and what they may mean for Apple's future. 

This company has a better runway for growth than Apple
Opportunities to get wealthy from a single investment don't come around often, but they do exist, and our chief technology officer believes he's found one. In this free report, Jeremy Phillips shares the single company that he believes could transform not only your portfolio, but your entire life. To learn the identity of this stock for free and see why Jeremy is putting more than $100,000 of his own money into it, all you have to do is click here now.


Read/Post Comments (0) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

DocumentId: 2813340, ~/Articles/ArticleHandler.aspx, 7/23/2014 12:32:46 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement