Plenty of kerfuffle....
From http://www.valuewalk.com/2013/09/apple-inc-aapl-estimates-by-morgan-stanley/
"Apple Inc. (NASDAQ:AAPL)’s iPhone 5C was on the receiving end of plenty of derision from analysts, mainly because of how expensive it is. But a few are looking on the bright side. Morgan Stanley analysts Katy L. Huberty, Jerry Liu and Scott Schmitz report that they have raised their 2014 fiscal year earnings per share estimate because of better pricing and margins for the iPhone 5C."
What's an analyst if they tell us the story after the event? Aren't they called historian?
Such is the global economy we live in.... it turns out the Blighty bought the most 5C (to 5S ratio) compared to the rest of the world; and China (surprise, surprise!) bought the least. Not to say China is now rich but unfortunately an increasing sign of inequality and rich-poor divide throughout the world.
Rising trade-ins in the developed worlds will surely find its way to rural BRIC's. This will help fruity firm tempt new users to take a first bite and have a taste for the iOS.
Isn't it incredible all the hoopla that was generated for what is after all a rebadged last year's model where we've already had not one but two(!) previous reincarnation to look back on?
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