Wednesday, April 29, 2015

Apple's dependence on the iPhone is a danger



More than 61 million iPhones Apple sold in the first quarter - two-thirds of sales are attributable to the smartphone and also the new record. Nevertheless, the market reacts excessively enthusiastic.



Apple is - in terms of revenue share - more and more to the one-product company: The iPhone brought the US company new record figures for the January March quarter, sales rose to 58 billion dollars.

This is mainly due to the success of the new iPhone 6 was responsible 61.2 million units Apple sold, and exceeded projections significantly. This smartphone attributable more than two thirds of all Apple revenues.

Especially in China, where Apple posted 71 percent higher sales than a year earlier, the iPhone is a 6 Star: Thanks to him, Apple took in the country for the first time more money than in the whole of Europe. In Korea and Vietnam, the new iPhone Apple brought new sales records, in Germany, sales grew year on year by more than 80 percent. Apple may be thanks to the iPhone in the global smart phone market is expected to push back against the eternal rival Samsung.

Cook still sees room for improvement

The high margin of the device, Apple also set another record: Over 40 percent of the previous quarter revenues are net income before taxes. "We see that more and more people switch to the iPhone 6 than in previous product cycles," said Apple CEO Tim Cook. So far, however, only 20 percent of iPhone users are on the go with the new device, Cook looks so still further growth potential.


Figures on the launch of the Apple computer clock Watch, however, Cook called not because all sales are incurred only in the current quarter. This is noteworthy because Apple on previous product launches never stingy with enthusiastic press releases and pre-sales to start day.

Even to ask the analysts to Cook declined to comment in more detail - therefore include various analyzes already that Apple has bigger problems with it to produce enough units for pre-order, and so remain below the forecasts. Who ordered an Apple Watch currently has to wait at least until June on the device.

Perhaps because of these problems, probably due to high marketing costs to launch the Watch says Apple for the coming quarter were slightly declining margins ahead - also remarkable as analysts previously always expected it to the Watch a higher profit margin brings as all other devices of the group.

Demand for expensive models could fall

However, even the start of the Watch does not change Apple's basic problem: Since it is directly linked to the success of the iPhone - without an iPhone version 5 or later does not work the clock - not reduces Watch Apple's dependence on the smartphone market, on the contrary: Only the success of the iPhone guaranteed demand for the Watch.

Market researchers expect that the demand in the smartphone market could subside especially on expensive high-end models at the end of the year. That could bring for Apple bigger problems than the Asian competitors that compete with middle class models below the iPhone. Various analysts questioned at the latest figures, which product Apple could break free from its dependence on the smartphone market in the long term.

The iPad is definitely not suitable as a redeemer - his sales figures fall constant: only 12.6 million units Apple sold in the quarter, about 25 percent less than the same period last year. So Apple had to give for the fifth consecutive sales declines in tablet known.

Apple has with the iPad a real problem: Unlike the iPhone users to buy not every two years a new device, but use their iPad like a long time as a PC. Even the first iPad in 2010 as Internet surfing device still as fit as a current iPad Air 2.

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