Tomahawk, WI 12/10/2013 (BasicsMedia) – Apple Inc. (NASDAQ:AAPL) experienced its strongest ever November in the history of the firm’s. Sales rose by approximately 19-20% and the company had an above the November average of 6% over the past eight years. Analysts are convinced that this was due to a number of factors which include strong demand for the company’s products during the holiday season and the potential for a deal with China Mobile Ltd. (ADR) (NYSE:CHL).
iPhone 5S Stock 100% in Stores
Piper and Jaffary analyst Gene Munster conducted a survey that shows that the company is presently caught up with the demand for the iPhone 5S. Apple Inc. (NASDAQ:AAPL) has done a very good job of ensuring that stores are supplied with the phones in proportion to demand and the phone is 100% in stock in all sixty retail locations across the United States. Ensuring that demand for the company’s products is fully met has had a strong bearing on the company’s performance in the month of November. The company’s insider Neil Hughes said that the demand for company’s key products was robust and they were able to supply solid levels of inventory at its stores for the holiday shopping season.
Company Dominates Smartphone Market
Another factor that has given Apple Inc. (NASDAQ:AAPL) a strong month in terms of performance is its share in the world’s smartphone market. Android devices make up most of the world’s smartphone market share and the company has increased its lead in the United States based on recent figures by comScore. The report shows that the company has continued to dominate the smartphone market in the United States with a 40.6 per cent share followed by Samsung Electronics Co., Ltd. (KRX:005930) which has 25.4 per cent share.
Apple Inc. (NASDAQ:AAPL) stock has had a great run up due to a series of good reports that have pushed them forward. The major buy in by investor Carl Icahn, the announcements of the new operating system iOS 7 and Mavericks, the announcements of the new iPhones and ipads, and the successful launches of these products have seen the company’s stocks continue to do well. While there have been some pullbacks from a new 52 week high, the company’s stock is still up 22% since mid September.
Apple Inc. (NASDAQ:AAPL) To Exceed Year End Expectations
At the moment, everything seems to be going in the right direction for Apple Inc. (NASDAQ:AAPL). The company has updated its important products and customers are still fond of using their devices. The company can continue to look forward to higher sales for their new versions of the iPhones and ipads in the holiday quarter. Forbes has applauded the company as the world’s most valuable and while its stocks are currently at the $500 mark they may well be on their way to reaching $700 in 2014.
In international markets like China and Japan, the company’s sales will continue to grow. Should Apple Inc. (NASDAQ:AAPL) continue to do well in terms of revenue, investors might begin to look at the company as hot stock. The question is, is the company poised for a better year in 2014? This question will be answered when the New Year begins depending on what Apple Inc. (NASDAQ:AAPL) continues to do right.