5 Factors That Crashed Apple's Dreams Last Quarter


Bangalore: Finally, contradictory to everybody’s expectations, Apple, the California based tech giant failed to meet the third quarter earnings expectations. Even though the company posted a 21 percent increase in both net income and revenue, it’s not a reason of joy to Apple who had a routine of breaking the analyst forecasts every time.

As a reflection of the missed earnings, Apple’s shares fell 4.3 percent after it announced the Q3 earnings on Tuesday. According to Tim Cook, many reasons, including the rumors about upcoming iPhone5 and the bad economic conditions in Europe affected the tech giant’s performance. But, here are a handful of factors, that is supposedly troubling Apple.

#5 Samsung has a Smartphone for every purpose

Undoubtedly, the growth of the South Korean manufacturer is one of the main concerns to Apple. While Apple launches only one iPhone a year, Samsung has rolled out a host of devices which help them to overcome Apple’s sales figures. Samsung’s mobile division saw a two fold increase in sales from the previous year selling 50 million Smartphones.

Even the latest release, Samsung Galaxy SIII, the Flagship of Samsung has crossed sale of 10 million units in short time.