![]() ![]() ![]() In fact, some experts are warning that iPhone sales could fall short of Apple's high expectations. Even vendors with comparable products - like Nokia's N Series and High Tech Computer's HTC Touch phones - lack Apple's cachet and will have trouble competing on store shelves, he said. In the meantime, Apple has already given a headache to competitors scurrying to catch up, such as Motorola, Samsung Electronics and LG Electronics. The iPhone will bring new subscribers to Apple's iTunes online music store and Apple could make more money if it decides to launch future wireless mobile products like navigation, location-based services, VOIP (voice over Internet Protocol) telephony and video streaming, Gold said. ![]() "I think the potential gold mine is in the services, not the phone hardware." But if Apple manages to sell several million, then that is probably pretty good for their overall business," said analyst Jack Gold, founder of the research firm J. "No way Apple will seriously impact Nokia or Motorola or Samsung, who combined sell over a billion phones a year. Since the company has already garnered media attention and a sales boost from iPhone demand, Apple will suffer little damage even if the device is a flop in retail sales, one analyst said. In April, Apple beat Wall Street expectations by posting a profit of US$770 million for the second quarter, an 88 percent rise from that period last year. federal investigation into executives backdating their stock options. IPhone anticipation has already created a "halo effect" of increased sales for Apple's notebook and desktop PCs, an impact that is likely to increase after the launch, according to a report from ChangeWave Research.Īpple posted a strong profit for the last period despite struggling with a U.S. ![]()
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