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Apple Believes that iPhone Demand Won't Stall

By - Source: SlashGear | B 27 comments

47.8 million units of Apple's flagship device was sold during 2012's fourth quarter.

Apple CEO Tim Cook has stressed that, despite widespread belief and evidence that it's already occurred, demand for the iPhone won't stall.

The company sold 47.8 million iPhones during 2012's fourth quarter, with worries that Apple will eventually see demand stall in regards to the number of consumers to whom it can sell the device. Either way, analysts expected the smartphone to sell over 50 million units because of the release of the iPhone. Soon after its earnings report, the firm lost its place as the world's most valuable company.

However, since the iPhone 5's launch, Samsung and Android-powered handsets have replaced Apple as the leading smartphone manufacturer in the U.S. and internationally.

Speaking at the Goldman Sachs Technology and Internet Conference, Cook said that the smartphone market will reach the 1.4 billion mark within the next four years, an increase from the current 700 million units. However, "there's a lot more people in the world than 1.4 billion, and people love to upgrade their phones fairly regularly," he stated.

Apple sold more than 500 million iOS devices since the iPhone's inception back in 2007; however, 40 percent from that figure was from 2012. Cook remains optimistic, though. He said, "So there's incredible momentum there. Frankly speaking, I see a wide open field. It may surprise you, but iPhone is only available to about 50 percent of the subscribers in the world."

Cook recently confirmed that Apple is looking to make its products more affordable, inevitably hinting at the existence of a low-cost iPhone for emerging markets. He also said that Apple is "unrivaled" in innovation and stressed that the firm has no limits.

 

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Top Comments
  • 31 Hide
    fkr , February 14, 2013 4:05 AM
    I also believe I am going to win the lottery every time I play
  • 24 Hide
    lahawzel , February 14, 2013 4:09 AM
    fkrI also believe I am going to win the lottery every time I play

    Impressive. Most impressive.
  • 21 Hide
    nieur , February 14, 2013 4:55 AM
    It's right it won't stall. It will go down
Other Comments
    Display all 27 comments.
  • 31 Hide
    fkr , February 14, 2013 4:05 AM
    I also believe I am going to win the lottery every time I play
  • 24 Hide
    lahawzel , February 14, 2013 4:09 AM
    fkrI also believe I am going to win the lottery every time I play

    Impressive. Most impressive.
  • 21 Hide
    nieur , February 14, 2013 4:55 AM
    It's right it won't stall. It will go down
  • 18 Hide
    vaughn2k , February 14, 2013 4:55 AM
    "Apple Believes that iPhone Demand Won't Stall"

    Because Apple believes there are still plenty of suckers out there...

    http://allthingsd.com/20121102/jimmy-kimmel-on-the-ipad-mini-were-apple-and-youre-suckers/
  • 18 Hide
    aznguy0028 , February 14, 2013 4:57 AM
    The reality distortion field is fully charged captain, running at 110% capacity!
  • -1 Hide
    stickmansam , February 14, 2013 4:59 AM
    I doubt it will grow at the smae old rate but unlikely to "stall"
  • 18 Hide
    huggles12 , February 14, 2013 5:02 AM
    In my opinion, Apples success is their own potential downfall. The Apple logo was it's most powerful selling tool. It was synonymous with exclusiveness and elitism. Now, every man and his dog have an Apple product, and the appeal to own one is now diminishing. It'll be interesting to see how Apple deals with this conundrum.
  • 2 Hide
    Anonymous , February 14, 2013 5:09 AM
    put a different logo on the devices and the conundrum is solved!
  • 8 Hide
    blazorthon , February 14, 2013 5:59 AM
    aznguy0028The reality distortion field is fully charged captain, running at 110% capacity!


    Captain's dead and the first officer doesn't know how to run it as effectively. I'd say that the Apple RDS is at a record low since the iPhone first came out, maybe even going further back to iPod stuff.
  • 8 Hide
    blazorthon , February 14, 2013 6:04 AM
    nycspudput a different logo on the devices and the conundrum is solved!


    Good thing Apple doesn't look at Tom's for ideas. We might be in trouble if they were to *innovate* this after reading it.
    Xperia flush with cabbage"I also believe I am going to win the lottery every time I play"It's funny you post that, because Apple literally wins the lottery every quarter. Really, they pull in as much cash in pure profit as would be in a large lottery winning. Every quarter. Maybe your meant to be snide, but it just shows how incredible Apple has been performing recently.


    Compare their stock price to what it was a quarter or two ago. Stock price isn't everything, but it sure isn't a good sign as far as I can see for them right now. Apple hasn't been performing incredibly "recently" if we compare their performance in 2012 to now, have they?
  • 10 Hide
    V8VENOM , February 14, 2013 6:13 AM
    Apple is wrong, everything comes to an end eventually. But I think they've got a few more years left before they start to decline.
  • 5 Hide
    cats_Paw , February 14, 2013 6:37 AM
    I belive that when i practice playing broodwar i will be an amazing player. Unfortunatellly belive does not make something true, facts however do.
  • 3 Hide
    rantoc , February 14, 2013 7:14 AM
    So from a person who owns a pretty big sum of stocks in a company saying it is looking bright for it. I might as well listen to the doomsday sayers, i trust them just as much!
  • 1 Hide
    Cons29 , February 14, 2013 7:48 AM
    if people just blindly listen to apple marketing then they will buy anything that apple sells. the life-changing-magical-unlike-any-other bs makes isheep go wow. I remember when Jobs introduce the ipad2, he was all praises of course but i think he did not even demoed the front camera lol, one of the few changes from the first ipad and he did not even showed it. i think because it was using vga, even cheap phones can do better than that.

    hmn, i just remembered something, i wonder what happened to the grocery that apple was going to sue
  • 10 Hide
    ojas , February 14, 2013 8:36 AM
    Apple also believes that rounded squares are unique and innovative. Most disagree...
  • 9 Hide
    virtualban , February 14, 2013 8:57 AM
    huggles12 Now, every man and his dog have an Apple product

    Not me, not my family, not my pets! Never!
  • 8 Hide
    halcyon , February 14, 2013 9:04 AM
    Like flies to sh*t we come Zak. Now, with the likes of the Note 2, SGS3, and upcoming SGS4 out there the iPhone is in trouble and no amount of denial can change that. Sorry, life goes on Apple.
  • 5 Hide
    Anonymous , February 14, 2013 10:44 AM
    Apple cannot put a SD card slot on their device.

    Apple cannot put a pressure sensitive stylus and digitizer on their device because Steve Job said it is a failure.

    Apple has no friends, Apple wants to keep everything to themselves and leave all other phone makers with nothing.

    Apple has just denied AMOLED has any real value in the market, despite the fact that AMOLED display always looks amazing to average people. So I guess they are not putting that on their devices anytime soon, while others are doing it and makes their devices look better than Apple's.

    Apple is trying to sell a 128GB iPad at ultrabook price, despite the fact that iPad is running a CPU 10 years behind CPU used in ultrabook as far as performance goes, with very little expandability. That and also everyone realize flash memory is cheap and the increased in storage should have increased the cost only by a little.

    Apple thinks they are making progress in the corporate world despite the fact that most file servers, web servers, critical systems, database systems, enterprise systems, business intelligence system, point of sales system, accounting system, manufacturing and control systems, payroll systems, human resource systems etc etc are not running on anything remotely related to Apple.

    So Apple thinks it will rule the world in a few years time, what do you think?
  • -2 Hide
    pacomac , February 14, 2013 11:02 AM
    How old is this article? I think you will find Apple overtook Samsung as the #1 Smartphone in the US last quarter, not the other way round with 51%+ of sales.
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