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Thursday, September 6, 2012

Apple is under stress due to expectations

Apple Inc. (NASDAQ:AAPL) is going to make an announcement on Wednesday, September 12 and most of the people are anticipating that the company will unveil its new iPhone, according to The Wall Street Journal.

On the other hand some sources within China Unicom reported that the company’s executives recently finished a successful meeting with Apple (NASDAQ:AAPL) in which the Apple’s next generation iPhone was discussed and it is anticipated that the new iPhone will be introduced on the network before the end of 2012, according to AppleInsider.

Apple is under a lot of stress because everyone is anticipating the next generation iPhone to be a hit. The iPhone is the most important device for Apple as the company’s business and its growth largely depends upon the revenue generated from its iPhone sales. Apple’s iPhone sales were dropped during the last quarter of 2012 mainly because most of the customers were waiting for the launch of new iPhone which shows that how important is the launch of new device for the company. Apple is performing great in NASDAQ so far on rumors of iPhone 5 and iPad Mini.

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