Launch of new iPhones will be the most successful in all history of Apple
According to analyst Trip Chowdhry, the Managing Director of Equity Research at Global Equities Research, the coming launch of new iPhones will be the most successful one in all history of Cupertino company.
"The new iPhones will be massively successful," Chowdhry told Benzinga this morning. "This will be the most successful product launch ever in the history of Apple."
Chowdhry belives that the coming iPhones will be in demand in such developing countries as India, Malaysia and Thailand. The users in these countries cannot afford Apple iPhones, so they have turned to Android devices, that are less expensive. Once the low-cost iPhone is lunched, Apple will be able to attract price-conscious customers and eat into Android's share of the market cost.
Chowdhry think that the ferocious patent war between Samsung and Apple will enable Cupertino company to differentiate its brand from the competitors. Moreover, Chowdhry claims the Steve Jobs movie to be a good sign of positive emotions towards Apple and its products by consumers.
It is rather unexpected to hear such words from Chowdhry, as he is known to be very critical towards Apple.
"Innovation does not exist at Apple," Chowdhry affirmed. "Where is Apple TV? Where is iWatch?"
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