In the following video, senior technology analyst Eric Bleeker talks about Apple's
First off, Verizon
However, that storyline appears bogus. First off, Apple continues to hold greater than 50% market share on Verizon, and that's a pretty positive long-term sign for the company in its own right. Second, the United States was never going to carry the iPhone to its lofty expectations this quarter. Instead, the main driver of iPhone sales will be in markets such as Brazil and China, where the iPhone 4S was released right before the quarter ended -- or, in China's case, wasn't released even released during the December quarter. To me, having U.S. sales within striking distance of analyst targets and allowing upside for more growth in foreign markets where the iPhone 4S didn't hit until last quarter is a positive heading into Tuesday.
Second, analysts homed in on weaker-than-expected guidance next quarter in key Apple supplier Qualcomm's
So we have a lot of people seeking out explanations for Apple's fall, but the simplest explanation is probably the best: The company has been on an absolute tear this year, and a slow-down was inevitable.
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Eric Bleeker owns shares of no companies listed above. The Motley Fool owns shares of Qualcomm and Apple. Motley Fool newsletter services have recommended buying shares of Apple and creating a bull call spread position in Apple. The Motley Fool has a disclosure policy. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.