Tech stocks continue to attract attention in 2015 and particularly newsworthy is Apple Inc (NASDAQ:AAPL) courtesy of its series of product launches as also success in acquiring the cutting edge over its rivals. CNBC featured a discussion on the company on Thursday, 15th January, wherein experts were not only candid in putting forth their opinions but also expressed their diverse perspectives.
Jon Fortt pointed out that it was important to segregate the company from the stock in case of Apple Inc (NASDAQ:AAPL) since over the past year there have been several instances when the two have acted as distinct entities. Having touched its all-time low in 2012, the stock recovered in 2013 and 2014 has been the year of iPhone 6. However, the fact that much of sales are being encouraged and are occurring through retail is indicative of the company deviating from its traditional strategy of going slow at first and then picking up speed. Overall, this expert rated Apple as being slated for a tough growth cycle in the year ahead.
On being asked whether he would buy an iWatch, Walter Isaacson responded positively and went on to justify his choice by saying that while he liked wearables, Apple Inc (NASDAQ:AAPL) made them best. In his opinion, iWatch has all the attributes of an exceptional wearable, namely it is intimate, personal, fashionable and beautiful and this is what will hold Apple in good stead in 2015.
Jon Najarain, the third expert, contradicted both and said that the world was full of many people who, like him, were not fascinated with iPhones or iWatches and it is due to this segment that Apple may not realize as much revenue as it expects.
In conclusion, Apple Inc (NASDAQ:AAPL)’s holiday quarter seems to be promising as it gears up to face competition from one of the most recent entrants in this segment, Xiaomi.
This article has been written by Vinita Basu.
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