{"id":21623,"date":"2017-02-08T07:51:43","date_gmt":"2017-02-08T07:51:43","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=21623"},"modified":"2017-02-08T07:52:12","modified_gmt":"2017-02-08T07:52:12","slug":"apple-fans-are-paying-up-for-that-big-iphone","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/technology\/apple-fans-are-paying-up-for-that-big-iphone.html","title":{"rendered":"Apple Fans are Paying Up for That Big iPhone"},"content":{"rendered":"<h2 style=\"text-align: justify;\">\n\t<span style=\"font-size:22px;\"><strong><span style=\"font-family:arial,helvetica,sans-serif;\">Apple Fans are Paying Up for That Big iPhone<\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Apple Fans are Paying Up for That Big iPhone:- Big phones led to a big share of smartphone profits for Apple last quarter.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Despite accounting for just 18% of smartphone unit sales in the last three months of the year, Apple captured nearly all the profit, according to Canaccord Genuity analyst Michael Walkley.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Part of the reason Apple made up 92% of the industry&rsquo;s profits is that Samsung had yet to fully recover from its Galaxy Note 7 recall, Walkley noted.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">But the popularity of Apple&rsquo;s iPhone 7 Plus and the new Jet Black color helped drive up the average selling price of iPhones in the quarter. The Plus models go for $100 more than their smaller counterparts, and the Jet Black finish isn&rsquo;t available in the cheapest storage configuration.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Apple CEO Tim Cook noted on the company&rsquo;s earnings call last week that while the iPhone 7 remains the more popular phone, the Plus made up a bigger portion of the &ldquo;new product mix&rdquo; than any of the past large-screen versions. That trend could continue for the remainder of the iPhone 7 cycle. Supply has &ldquo;normalized with demand levels,&rdquo; Walkley wrote.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Of course, Apple fans are already looking toward the launch of the newest iPhone in September, and Walkley thinks the company will be well-positioned then, too. &ldquo;We also expect pricing power with the 10th anniversary iPhone 8 with Apple likely able to monetize technology and form factor upgrades and improvements driving strong [average selling prices] and unit growth,&rdquo; he wrote.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:18px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Walkley upped his target price to $154, 17% above current levels. Apple shares rose 1% in Tuesday trading, to $131.53.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t<span style=\"font-size:9px;\"><span style=\"font-family:arial,helvetica,sans-serif;\">Source:-&nbsp;http:\/\/www.barrons.com\/articles\/apple-fans-are-paying-up-for-that-big-iphone-1486509398<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify;\">\n\t&nbsp;<\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/technology\/apple-fans-are-paying-up-for-that-big-iphone.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>Apple Fans are Paying Up for That Big iPhone Apple Fans are Paying Up for That Big iPhone:- Big phones led to a big share of smartphone profits for Apple last quarter. Despite accounting for just 18% of smartphone unit sales in the last three months of the year, Apple [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":21633,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[13363,469,13361,6090,6042,11576,13362,10291,6250],"class_list":["post-21623","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-aapl","tag-apple","tag-apple-fans-are-paying-up-for-that-big-iphone","tag-galaxy-note-7","tag-iphone","tag-iphone-8","tag-iphone-supercycle","tag-political","tag-smartphones"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/21623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=21623"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/21623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/21633"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=21623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=21623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=21623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}