The recent dramatic pullback of Apple‘s shares are nothing short of shocking. While it is true that the new iPhone 5 sales number is below market expectation, we believe the problem will be resolve in due time as production picks back up. Demand, as of now, is still higher than supply. We also believe the map app problem is blown out of proportion and should have very limited effect on the demand for the iPhone 5.
Apple is also set to launch the iPad mini this month and as with all previous Apple products, we believe it will be another knock out launch. Bearing in mind that the iPhone 5 have yet to arrive in China, we are quietly confident that sales number will only be growing further.
Apple share price is ...
