Apple Inc. has just managed to take Wall Street by surprise by claiming to have sold a new lot of iPhones throwing US$30 billion to increase the quarterly dividend by 8%! The top news is the company has made a gross profit of 7%! With that, Apple has also disclosed a 7 for 1 stock split which can do well with people who want a new property but are unable to dish out more than US$500 per share. However, we are still waiting for a new Apple gadget to make yet another grand appearance in the market. Most of the people are concerned with the split that increased the dividend and buyback. However, the top news is only getting feeds about the new product from Apple that is much in hype before even anybody knows what it can be. Investors of Apple have had to hold a lot of patience in the last two years compared to the investors of the last decade. The iPod, the iPhone and the ipad kept the investors of the last decade on the edge but in recent years Google Inc. and Samsung Electronics along with other players in the Android market are giving Apple Inc. a run for its market. Enthusiasts are looking forward to the emergence of another big baby from the secret laboratories of Apple sometime this year but investors are not being able to take it easy any more. They demand to see some action in the stock market because having been stuck at about US$500 for over five months; Apple does need to buck up. Investors are eager to get something from Apple in the top news segment. It is about time the company showed some serious action. Apple has reported a profit of 43.7 million iPhones sold in the first quarter compared to the 38 million sales that Wall Street had predicted. This means the company just won itself a revenue rise of US$45.6 billion which clearly beats the Wall Street prediction of US$43.5 billion. China and Japan have been marked out as areas where the sale of the iPhone has jumped to a straight double-digit after China Mobile Ltd was made a carrier partner. The generalized guessing business is expecting the next iPhone with a larger screen and a completely new display technology to be the next product from Apple Inc. but what the Company actually needs is a complete brand revolution that will remain in the top news segment for the electronic market for longer than all these months Apple is in news for bringing no news at all. However, Apple’s CEO Tim cook has made a strong statement about the Company’s attitude in answer to the impatience of investors and potential buyers. He says that the priority of the Company that does not hold the record of shipping the first MP3 Player, neither the first Smartphone, nor the first tablet, is to get it right instead of just getting there first. For more about Apple Inc. in the top news keep checking out the reports from the Silicon Valley.
