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Apple Inc. (AAPL) New iPhone Gets Positivity from Reviewers

Apple Inc. (NASDAQ:AAPL) unveiled its iPhone 5 to the world exactly one week ago, and several technology bloggers and other reviewers got a sneak peek a few days in advance, and several have spoken loudly about their sentiments of the new iDevice. While some have claimed that the new iPhone is more “evolutionary” than “revolutionary,” the feedback has generally been very positive.

This, of course, is notwithstanding the 2 million pre-orders of the iPhone in just 24 hours, doubling the old record of advanced orders set by the Apple Inc. (NASDAQ:AAPL) iPhone 4S last year.

Apple Inc. (NASDAQ:AAPL)

One article basically gave a quick-and-dirty recap of reviews by several reviewers – from tech bloggers to newspapers. The one common negative about the new smartphone by Apple Inc. (NASDAQ:AAPL) is the new connector to docking stations, which many reviewers say will make old speakers and other accessories obsolete. Another complaint by some reviewers was Apple’s new proprietary mapping application – while it gets good points with its three-dimensional “flyover” view of key city locations and turn-by-turn navigation – which was missing from the Maps app for iPhones made by Google Inc. (NASDAQ:GOOG) – the app generally lacked accuracy in its directions, had very different keyword search options and lacked ground-level views like Google Maps.

Overall, though, here were some of the comments about the new iPhone from Apple Inc. (NASDAQ:AAPL):

Scott Stein of CNET: “The iPhone 5 is the iPhone we’ve wanted since 2010, adding long-overdue upgrades like a larger screen and faster 4G LTE in a razor-sharp new design. This is the iPhone, rebooted. … The new design is flat-out lovely, both to look at and to hold.”

Charles Arthur, The Guardian (U.K.): “It’s really light, making the year-old iPhone 4S feel like a paperweight … There’s also a subtle friction to the edges and the metal back that makes it far less likely to slip from your grasp (a complaint often made of the iPhone 4 and 4S).”
Rich Jaroslovsky, Bloomberg: “The fit and finish really are more like a fine wristwatch, as Apple boasts, than a gadget you might shove into pocket or purse.”
Sounds like investors in Apple Inc. (NASDAQ:AAPL) stock – like hedge-fund manager Julian Robertson of Tiger Management – may not have much to worry about in regards to the success of the iPhone 5 – which lends more legitimacy to the stock surpassing the $700 mark for the first time this week.

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