What is the iPhone Killer stock?
What Does iPhone Killer Mean? iPhone killer is a buzzword used to describe any smartphone with the potential of surpassing the iPhone's popularity and overtaking its market share.
There is a huge demand for the iPhone 13 models, in turn, but Apple is struggling to fulfill that. The global shortage of components has forced Apple to delay production and supply of the iPhone 13, which is why all the four models are mostly out of stock at nearly every retailer.
iOS market share dropped to 38% in April 2021 from 41% in January 2020, prior to Apple's announcement of ATT at the Worldwide Developers Conference in June 2020. And while iOS market share dipped even lower to 30% from July to October 2021, it rebounded up 4% by April 2022.
The lineup will succeed the Apple iPhone 13 series launched in 2021. With the launch of new flagship smartphones, the tech giant may also discontinue the iPhone 11 series. As per a report by iDropNews, sources reveal that the company will stop selling Apple iPhone 11 series with the launch of iPhone 14 series.
The iPhone 13 shortages have been ongoing, with buyers waiting several weeks to get the model they want. This meant the iPhone 13 price stayed higher than usual two months after launch. Furthermore, reports indicated that supply chain issues will impact the iPhone supply through 2022.
New research shows that over the last five years, Android's market share has declined by 8%, while Apple iOS has grown by around 6%. Apple dominates worldwide with the Apple Watch, and has taken a majority share of US headphone sales, but the iPhone is dramatically outnumbered by Android phones.
Apple has fallen during a bad week for equity markets, which are selling off stocks in nearly every industry on fears of Fed rate hikes, weakening consumer confidence, rising inflation and global supply chain challenges.
Although the company is still breaking revenue records in these past fiscal quarters, it has lost more than $800 billion in capitalization as tech stocks plunged, Bloomberg reports.
The shortage of specific components and production constraints related to the ongoing public health crisis have impacted iPhone, iPad, Apple Watch, and Mac availability. Apple said that this past quarter, the shortages cost it $6 billion, and it expects the impact to be even more significant for the holiday season.
Apple is expecting ongoing supply issues to continue to impact product sales in the third quarter of 2022. In the second quarter, Apple had some difficulty meeting demand for the iPhone, iPad, and Mac due to supply constraints, and that is going to get worse in Q3 2022.
How often do Apple stores get iPhone shipments?
If you visit an Apple store once at the beginning of a week and again at the end of the week, chances are you're seeing a completely new set of inventory. Impressively, the company turns over its inventory every five days, according to a new study.
Apple still can't keep up with demand for iPad 9. Apple shipped 4.6% fewer tablets in the first three months of 2022 than it did during the same period of 2021, according to a market research firm. The iPad-maker blames the shortfall on the global chip shortage preventing it from making enough devices to meet demand.
