Apple Inc. (NASDAQ:AAPL) has never shied away from evoking debate in the industry be it on stock price, or its wide array of products. This time around the focus and debate has shifted to whether iPhone 6 plus is too big for normal pocket sizes? During an interview on CNBC, Kevin O’Leary reiterated that IPhone 6 plus eliminates the need of carrying around a tablet-mini as the new model meets the threshold in terms of functionality and portability.
Apple Inc. (NASDAQ:AAPL) has already reported record sales of iPhone 6 highlighting that size is not an issue especially in the Asian markets. The fact that the phone can be’ used as a market analysis tool because of its screen size makes it more portable when compared to laptops and tablets thus the increased demand especially from the business community.
“It is probably too big for a phone in my opinion. I would always choose the iPhone 6, which is a lot smaller, which is actually lighter and has true reachability.[…] Quite honestly, in some levels unless you have a hand my size you are not going to be able to reach all the way across for the keyboard,” said Lance Ulanoff.
Lance Fishelson argues that Apple Inc. (NASDAQ:AAPL) was top on, in releasing such a gigantic phone that is doing extremely well in Asia in terms of sales, better than earlier expected. Fishelson also believes that regardless of the ongoing debate over iPhone 6 plus size, it is going to have a positive impact on Apple’s stock price going forward mostly because of improved earnings as a result of increased sales.
“The rubber has already met the road. Ten million in sales in three days the rubber is there. I think it is going to be huge, I think it could be up to 70 million in sales. I think the stock can go up to $120 because of this,” said Mr. Fishelson.
Carl Icahn‘s Icahn Capital Lp held 52.76 million shares of Apple Inc. (NASDAQ:AAPL) at the end of the second quarter of 2014