Apple stock plummeted during January of this year, immediately following what we?re now finding out was an amazing 4th quarter ? at least for iPhone sales. We already knew that the Galaxy S3 outsold both the iPhone 5 and the 4S in Q3 2012, but Fortune is this morning reporting that Q4 was quite the turn of events. Not only did Apple?s flagship smartphone the iPhone 5 outsell the Galaxy S3, but last year?s model did as well.
There has been much talk about Apple possibly introducing a ?budget? iPhone later this year, and many have suggested that an ?iPhone Plus? may be on the way as well. But if the above sales results hold any weight, a budget iPhone probably won?t be necessary. As always, last year?s model ? the iPhone 4S, in this case ? simply becomes the ?budget? model when the latest model is released. A larger 5-inch model, however, might be an interesting endeavor.
[Fortune]
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