IPhone 5 leaves related shares lukewarm
The China Post news staff
September 14, 2012, 12:01 pm TWN
Apple-related shares gave lukewarm performances yesterday despite the launch of the iPhone 5, which was unveiled in the United States a day before.
According to market experts, features included in the new phone were in line with the expectations of the market, which already knew about the new phone's hardware specs and software information. Even what Apple said was the phone's killer apps — including the in-cell touch screen and the Lightning connector — failed to impress the market, dealers said.
As a result a lull was seen in local Apple-related shares including Largan and Foxconn Technology, which closed down 0.92 percent and 1.27 percent, respectively, at NT$645 and NT$117. Among the few shares that rose were Cheng Uei and Genius Electronic Optical, which closed up 0.29 percent and 0.95 percent at NT$69.7 and NT$213, respectively.
Given the lack of a surprise factor from the new phone, local experts predicted overall iPhone shipments in 2012 and 2013 would be 135 million and 176 million, respectively, a growth of 51.2 percent and 30.2 percent on a year-on-year basis.
Analysts cited things in the new iPhone that surpassed their expectations, for example its weight of 112 grams, lighter than their estimate of 120 grams.
Things in which the new iPhone fell short of market expectations included the lack of an enlarged aperture in its camera, and the lack of color cases, experts said.
The phone's A6 processor is dual core, less powerful than the quad-core processors featured in certain Samsung and HTC phones, experts said.