The most successful gadget company worldwide faces the start of the new year with a bitter announcement. The iPhone business is in decline. Yes, you heard it right.
iPhone is stock market value is DECLINING.
On account of which, Apple’s stock value nosedived below the $100 mark. Last May 2015, the firm enjoy the $132 value. Certainly, Apple faces a tough situation in 2016.
However, the Christmas season might set Apple to break records. Unfortunately, yet again, Apple’s investors are waiting for the announcement of the tally of their woes. For now, they are jotting out the issues one by one — keeping busy day and night.
Investors are eager to wait for Apple to admit its peculiar under performance.
“The sales of iPhone is in decline!”
Well who could blame them?
As years goes by, the competition among technology firms becomes tight. Apple products suffers in the stereotype for being overpriced.
Apple fans, indeed, (no offense here) are always amazed of anything “new” during iPhone release. They did not realized that those features were already existing on other manufactures. Another thing here is the ownership issues of the iPhone.
My main contention against Apple products, aside from they are overpriced, is that they tend to be ultra-user-friendly. It results in making people not to learn more about technology and the technical details of software.
So, what is Apple’s move in 2016? Check out the next article.
Credits to BBC News
Pictures in courtesy of Google Images