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I'm not really sure why this has anything to do with "Wall Street". Just because something changes for one company doesn't mean it's a trend. Apple is in trou
by Nerdfest 8y ago
I'm not really sure why this has anything to do with "Wall Street". Just because something changes for one company doesn't mean it's a trend. Apple is in trouble because they pushed their prices beyond where even the ardent fans will buy it without thinking.
This big thing though is the amount of free advertising they're getting as the darlings of the media has dropped drastically. This is a huge part of how they got to the point they are now. It used to be that a new model launch was front page news ... that's no longer the case, and the biggest Apple stories seem to be their mistakes.
I think people don't really get how much that free media coverage has helped their sales. For a few years "tech" stories meant Apple stories.