There may be mixed reactions to Apple’s unveiling the iPhone 4S, featuring a ‘world phone’, improved antennas, better camera and the Siri voice-activated personal assistant. While the announcement was impressive, what wasn’t said could leave some Apple fans disappointed, according to analysts.
The iPhone 4S “was quite impressive, particularly the new features like the new cameras and Siri personal assistant,” Sterne Agee analyst Shaw Wu told us. He said there could be a “slight” disappointment because some people were hoping Apple would introduce a handset with a larger screen.
Apple shares fell 5 percent soon after CEO Tim Cook concluded the press conference. The downturn may have signaled overall customer disappointment in the message as well as the messenger. Many had listened to weeks of rumors suggesting the new iPhone would sport a larger display, as well as unibody construction. However, the presentation focused mainly on iOS 5, Apple’s Cloud initiative and Siri.
Despite the misgivings, Apple should do well, according to independent analyst Andy Zaky. The Cupertino, Calif. company will sell “at least 30 million iPhones” during the first quarter of fiscal 2012, he said. “This current environment will prove to present one of the best buying opportunities for Apple since the lows of the fiscal crises,” according to the analyst. “From a numbers perspective, the stock has never been more undervalued since Steve Jobs returned to the company,” Zaky says.
