Following yesterday's Apple earnings report, the tech press can't decide what to make of consumer demand for iProducts. "Demand Woes Bite Apple," declares one major newspaper, when another writes "Apple Tops Expectations on Strong iPhone Sales." So, which one is it? Further investigation doesn't provide much enlightenment:
There is a pattern, though. Maybe iPhones are selling well, but everything else isn't? Nope:
- iPhone sales set new record for quarter while iPad sales slow
- No, the market for Apple’s tablet isn’t reaching saturation point
Digging into the articles doesn't gives us a definitive answer either. The running narrative is that iPhone sales were strong, since Apple sold 31.2 million phones this quarter, up from 26 million one a year earlier. But then we get this from The Wall Street Journal's Ian Sherr. "Apple and its rivals have faced increasing concern that the consumer electronics industry's boom over the past few years has started to slow," he writes. "That phenomenon was evident in Apple's latest quarter, when it sold 20 percent more iPhones than a year earlier, but more customers opted for cheaper models."