Analyst cites survey showing shift in Apple iPhone buying patterns in cutting earnings estimates

0. phoneArena posted on 22 Jan 2013, 01:16

A survey conducted by Consumer Intelligence Research Partners shows that Apple iPhone buyers are switching from buying expensive models with plenty of storage capacity to purchasing cheaper variants of the handset with smaller amounts of storage; this has led UBS analyst Steve Milunovich ti cut his estimates on the company's earnings and stock target...

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1. MrJerry posted on 22 Jan 2013, 01:43 1

Expected result!!!

And of course you dont need much space in ur iphone..
I just remember those days that I "had" to transform video files to mp4 to watch damm videos on my 3gs lol

2. tedkord posted on 22 Jan 2013, 03:55 0

I need as much space as I can get in my phone. I have a 64gb card and 32gb built in, and the card is almost full with music and video. When 128gb microsdxc becomes available and reasonable, I'll buy one.

5. TheMan posted on 22 Jan 2013, 11:32 0

Those with large music libraries on their handset may become dinosaurs as many of us have moved to streaming or cloud-based tunes. Two or three years ago, my customers would scoff at having "only" 16 GB. Now, I get someone with a large music collection relatively infrequently.

8. darkkjedii posted on 22 Jan 2013, 17:31 0

That's cool if u have unlimited data.

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3. iPone.Lost.Momentum posted on 22 Jan 2013, 06:24 3

This sales record show that the HARDCORE user were moving away from iOS into Samsung land.

The one who buy iPhone now is just a person who don't know that Android is better. Thus resulting the previous generation with lower RAM is selling better than newer generation... because this new customer just want CHEAP iPHONE.

This is the sign that iPhone already PEAK, and will going down in 2013.

2013 will be remembered as the year iPhone becoming RIM

6. TheMan posted on 22 Jan 2013, 12:31 0

As much as I enjoy bashing the over-priced, over-hyped iPhone, I can't lump Apple with RIM. Too many resources there.

7. roscuthiii posted on 22 Jan 2013, 16:08 0

In the article quote of Steve Milunovich and in the last sentence by Alan, I see the words "skepticism" & "pessimism" used regarding further innovation by Apple and being a contributor to higher APPL value.

How exactly does that work out? Did they both make the same grammatical error of leaving out a word like "despite" before mentioning skepticism & pessimism. Normally, those are detrimental to stock prices.

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