Zillow Inc. (Z) CEO Gives Apple Inc. (AAPL) Thumbs up on its Upgrade of Upcoming iPhone 6


Apple Inc. (NASDAQ:AAPL) received a much needed support on its upcoming flagship product iPhone 6 from Zillow Inc. (NASDAQ:Z) CEO, Spencer Rascoff, on an interview on CNBC. The bugging enigma that Apple Inc. (NASDAQ:AAPL) looks set to grapple with, is the new phone’s screen size. Apple will have to address the needs of people who want a phone they can perfectly hold in their hands and those in need of a bigger screen size. Joining the two into one according to the panelist will surely be a dilemma for the giant phone maker.

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Asked about how Zillow Inc. (NASDAQ:Z) is responding to the constant upgrades that Apple Inc. (NASDAQ:AAPL) has been introducing since the WWDC compared to other years, Mr. Rascoff was quick to point out that Zillow is always ready to integrate any upgrade that Apple throws out. Form factor continues to be one of the most exciting features that Rascoff mentioned that he is always ready to taste and checkout.

Zillow Inc. (NASDAQ:Z) CEO could not fail to highlight his desire for new phones, especially the upcoming iPhone 6 highlighting;

“I am always testing new phones I’ve been testing a couple of Samsung Galaxy phones against my iPhone.”

Mr. Rascoff added that it is not always about the form factor with new smartphones, but essentially a battery life which continues to be the biggest problem among iPhone users.

Rascoff also said that he is excited for the upcoming iPhone 6 especially on an upgraded operating system that is set to prompt many people for the purchase. He was also quick to point out that Apple Inc. (NASDAQ:AAPL) has lost some share on Android, but that cannot stop the latter from selling more iPhone 6’s once they hit the market.

Asked as to whether people will be able to manage a bigger screen phone that might be expensive Mr. Rascoff response was:

“I think it depends on how well Apple positions the marketing of it, and you know, under this new Tim Cook regime that’s very much of an open question”

Zillow Inc. (NASDAQ:Z)’s CEO also pointed out that Apple Inc. (NASDAQ:AAPL) is slowly becoming a cool company at the back of Beats Acquisition and reiterated his desire to buy iPhone 6.

Andor Capital Management, run by Daniel Benton raised its stake in Zillow Inc. (NASDAQ:Z) by 200% to 600,000 in the first quarter of 2014. While Tiger Global Management Llc run by Chase Coleman and Feroz Dewan, initiated a stake in the company during the same quarter and now owns 1.64 million shares.

Disclosure: none