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Is it that hard to admit that Apple products can no longer command a premium among its competitors? The company is now in a great trouble into irrelevancy becau
by tanilama 7y ago
Is it that hard to admit that Apple products can no longer command a premium among its competitors? The company is now in a great trouble into irrelevancy because of years' inaction.
- colejohnson66 7y agoPeople have been spouting “Apple is going to fail” since their inception. People said the original iPhone was a fail for many reasons such as “no one wants a touchscreen” and more.[0] Until Apple fails, they’re not failing. They definitely changed directions under Tim Cook, but that’s because he’s not Steve Jobs. The Apple Watch has been a huge success with over 40% market share.[1] [0]: https://mashable.com/2017/06/29/iphone-2g-original-naysayers/ https://mashable.com/2017/06/29/iphone-2g-original-naysayers... [1]: https://www.macrumors.com/2019/05/02/apple-watch-1q19-market-share-counterpoint/ https://www.macrumors.com/2019/05/02/apple-watch-1q19-market...
- tanilama 7y agoHistory doesn't always have predictive power over future, as no one would predict Apple would have an epic comeback under Jobs. And Apple Watch is no replacement for iPhone, which has been Apple's lifeline over the past 5 years. Apple is in trouble because it doesn't have next iPhone, or iPhone4 to excite consumers. Adding incremental upgrade to iPhone while hiking up the price, is now a failed strategy and the market is punishing Apple for it. Only this time, they have nothing to offer. Pivoting to service, where they aren't particularly competitive anyway, is like a pre-claimed surrender that they don't have the confidence to make their hardware business as profitable as it was. I didn't see why people would be optimistic about Apple right now, except for the huge cash reserve they had because of iPhones. If they don't think out of box, they will be forgotten pretty soon, just like Nokia.
- scarface74 7y agoPivoting to service, where they aren't particularly competitive anyway, is like a pre-claimed surrender that they don't have the confidence to make their hardware business as profitable as it was Would you have said the same about Netflix moving from shipping DVDs to streaming or Amazon moving into the cloud vendor from retai? There is no next big thing on the horizon that is going to have a market where almost 70% penetration like the mobile phone except maybe social media. But if you look at Apple’s latest earnings, services is already growing like crazy.