Apple Inc. (NASDAQ:AAPL)'s iPhone 5S could be the most successful in iPhone history. According to Trip Chowdry (Managing Director of Equity Research at Global Equities Research), the highly anticipated smartphone could have the most successful launch ever. He explained to Benzinga, "The new iPhones will be massively successful. This will be the most successful product launch ever in the history of Apple Inc. (NASDAQ:AAPL)."
Apple's most critical analyst feels the iPhone 5S launch will be huge
Chowdry has been critical in the past in regards to the company's managers. He previously said that Apple Inc. (NASDAQ:AAPL) has yet to deliver innovative products and that Tim Cook (Apple's current chief exective officer) needs to leave the company. This is why it's interesting that Chowdry would think the iPhone 5S and cheaper iPhone will be a success. Benzinga gave details in his explanation:
Chowdhry's research shows that many smartphone users in India, Malaysia and Thailand buy cheaper Android phones thinking they are essentially iPhones.
By releasing a low-cost iPhone, Apple Inc. (NASDAQ:AAPL) can close the gap and cash in on those customers.
Oracle's Ellison still feels Jobs is the only innovator at Apple
Larry Ellison, CEO of Oracle, believes the opposite. In a recent interview with Charlie Rose on CBS This Morning, he explained why he thinks Apple Inc. (NASDAQ:AAPL) will never be the same without the late Steve Jobs. He pointed that Apple Inc. (NASDAQ:AAPL)'s history is an indicator that it will repeat itself. The Cupertino tech giant fired Jobs in the mid-eighties and consequently suffered greatly as they struggled in the market. In 1997, the company rehired him and he later launched the company's biggest hits including the iPod, iPhone, and iPad. It was these gadgets that made it the household name they are today. Without Steve Jobs, he thinks Apple Inc. (NASDAQ:AAPL) will fail.
Although Apple Inc. (NASDAQ:AAPL)'s future is still uncertain, it does appear that Chowdry definitely has some points. Hopefully that means the best is yet to come for the tech giant.