Following Apple Inc.’s AAPL earnings call Tuesday, where it reported a record-breaking quarter (including the sale of 74.5 million iPhones), analysts throughout Wall Street have weighed on many aspects, from revenue to stock valuation and even Apple's 'Cool' factor versus Samsung.
Best takeaway from $AAPL Call? I think that Apple is going to roll retailers like it did record companies..
— Jim Cramer (@jimcramer) January 28, 2015
Brian Sozzi, CEO and Chief Equities Strategist at Belus Capital Advisors, provided some insight on how Apple is changing retail.
1. Apple Pay
"Apple Pay is making it easier for people to pay at Whole Foods AND removing physical interaction with cash,” Sozzi explains. This “leads to higher amounts spent at retailers," Sozzi told Benzinga.
2. Apple Watch
Regarding the Apple Watch, Sozzi believes that it "will force retailers to re-think their marketing plans to reach people in real-time on their wrists."
3. Apple Retail Stores
"Newer stores being opened by Angela Ahrendts will like be infused with real-time experiences (think digital walls, streaming content), causing other retailers in the mall and off mall to re-think their store designs and layouts."
"Apple’s mission is to make the greatest products on earth and enrich the lives of others." via CEO @tim_cook $AAPL
— Brian Sozzi (@BrianSozzi) January 28, 2015
Shares of Apple traded recently at $118.04, up 8.12 percent.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.