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Technology Stocks : Apple Inc.

AAPL 260.21

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From: Moonray	4/27/2016 10:12:32 AM
	2 Recommendations Recommended By david1951 Stock Puppy Read Replies (1) of 213182

Apple Inc. Facing iPhone SE Shortage A silver lining in a flurry of bad news for iPhone. Although Apple's ( NASDAQ:AAPL) most recent earnings results and forward guidance suggest that the company's iPhone business is in the proverbial dumps, there appears to be a lone bright spot: the iPhone SE. Introduced in late March and first available for sale shortly thereafter, the phone received mostly positive reviews as it packs flagship-class hardware into a (relatively) affordable, compact package. Though respected KGI Securities analyst Ming-Chi Kuo characterized demand for the phone as "lackluster," CEO Tim Cook indicated that demand for the SE is robust and is cruising past the company's original expectations. In other words, just as Apple did with the predecessor to this device -- the iPhone 5s -- it underestimated demand. The bad news first More at: fool.com o~~~ O

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