3 Ways Apple Is Changing Retail

Following Apple Inc.’s (NASDAQ: 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.

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."

Shares of Apple traded recently at $118.04, up 8.12 percent.

Latest Ratings for AAPL

Jan 2015

Evercore Partners

Maintains

Buy

Buy

Jan 2015

Deutsche Bank

Maintains

Hold

Hold

Jan 2015

Jefferies

Maintains

Hold

Hold

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© 2015 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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