Interest is continuing to grow around the upcoming launch of the new large screen Apple Iphone

James Marlay

Livewire Markets

Interest is continuing to grow around the upcoming launch of the new large screen Apple Iphone. Reports are that Apple has asked manufacturers to produce between 70 million and 80 million units combined of two large-screen iPhones with 4.7-inch and 5.5-inch displays by the end of the year. This figure would represent the largest initial iPhone release in the Company's history. The move is all centred around the move to larger screens - which have allowed Samsung to claim significant market share by meeting previously untapped demand. Apple has just released their 3rd quarter sales results which has seen the stock trade lower on the back of below expectation growth outlook. To put things in perspective last quarter Apple sold - 35.2M iPhones, 13.3M iPads, 4.4M Macs and 2.9M iPods. They finished the quarter with $164.5 billion in cash and securities. Up from $146.8 billion a quarter ago. (VIEW LINK)

James Marlay
Co Founder
Livewire Markets

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