I have to admit that I received quite a lot of adverse comment on my Apple launches iPhone5 report last week. Almost all those commenting thought I had praised the product too highly and many criticised Apple for not bringing in more innovation. They felt that Apple was now just catching up with features already available in Android, and specifically Samsung, smartphones. Thankyou, as ever, for the feedback and I think the criticisms have validity.
However, the main thrust of my article was that Apple had done ‘enough’ to ensure that global stock markets did not go into meltdown. At least I got that bit right! Apple has today announced that it took orders for 2m iPhone5 on the first day – an Apple (and all-comers) record.
Since the iPhone5 launch, Apple shares have risen by another 6%. Indeed, they closed tonight a smidgen short of $700 ($699.78 to be precise!) – another all-time high and representing a 73% rise YTD.