Sales of Apple’s iPhone 5c were so disappointing that the consumer technology giant will probably reduce the price soon device model or scrap altogether, according to analysts, Alistair Barr reports for USA Today. They just missed. The request was not good, said Gene Munster, an analyst at Piper Jaffray. They will discount and use it as a lever to improve the growth unit. I do not think that will get rid of it completely.
There is more difference between 5c and 5S, so you can play with the price a little more, Munster said Barr reports. Others on Wall Street wonder if 5c survive, especially if Apple brings iPhone higher later this year. I would expect to cancel the product after the iPhone 6, said Peter Misek, an analyst at Jefferies. discounts are not making Apple. They build products they are passionate about and then charge accordingly.
Apple reported disappointing results and lower than expected iPhone sales on Monday. ‘s CEO Tim Cook told analysts during a conference call that demand for high-end iPhone 5s was stronger than expected, reports Barr. 5S accounted for 59 % of all iPhone sales in the fourth quarter, while the iPhone accounted for 27 % 5c and the oldest iPhone 4S made rest, according to a survey of 500 consumer reviews Apple Intelligence Research Partners.
5c sold did better than 4S after Apple released the iPhone 5 in September 2012, CIRP also noted. It would not shock if replaced. It was an interesting concept, but an incorrect price, said Tavis McCourt, an analyst at Raymond James. ‘ One more fashion conscious phone with colors and plastic would be a lower price.