With its large screen version of the iPhone 6, Apple Inc. (NASDAQ:AAPL) has cracked the code for taking the smart phone market by a storm and its competitors are going to have a hard time escaping the whirlpool that Apple has created. CNBC held a panel discussion on Apple Inc. (NASDAQ:AAPL) to discuss the company’s outlook which has recently released a number of new products.
Among the analysts was Kevin O’Leary, Chairman of O’Leary Funds and Henry Blodget, who is the founder and CEO of Business Insider.
O’Leary, whose fund has a strong position in Apple Inc. (NASDAQ:AAPL), shared an interesting anecdotal story about Apple Inc. (NASDAQ:AAPL)’s iPhone 6 Plus which gives an idea of how popular the product is in the market today. When the fund manager went to buy his new plus sized iPhone he was told that he couldn’t find an unlocked iPhone in US and then he decided to get his phone delivered from Canada. He was shocked when they told him about the waiting time for the delivery.
“[…] I purchased two 6s and they told me that the demand for the larger format has so far outstripped their anticipation, they have no idea when they can deliver me a large format open iPhone 6 Plus. I am amazed. This thing is going to be way bigger[…],” said O’Leary.
The analysts also exchanged views about Apple Inc. (NASDAQ:AAPL)’s CEO, Tim Cook’s open letter on the company privacy. Blodget was of the opinion that this is going to strengthen the trust of Apple Inc. (NASDAQ:AAPL)’s customers in the brand even more, especially during the recent event when there was an iCloud breach in relation with some of the celebrity’s accounts and their compromising images were hacked. Blodget believed that the letter provides a big publicity element for the brand’s new products as well.
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