What Does Apple's Falling Revenue Indicate? | Vantage with Palki Sharma
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- Опубликовано: 2 май 2024
- What Does Apple's Falling Revenue Indicate? | Vantage with Palki Sharma
Apple reported a 4% year-on-year drop in revenue in the first three months of 2024. Though the company beat Wall Street expectations, these numbers represent the steepest fall in Apple's revenue in more than a year. The fall in revenue has been attributed to a slowdown in China and multiple legal cases in the EU and the US. Apple will be hoping that the upcoming iPad models and its investments in Artificial Intelligence will help the company rebound. But Apple's struggles raise questions about how industry leaders can stay ahead of their rivals, especially in the tech industry. Palki Sharma tells you.
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Apple | iPhone Sales | Market | Shares | Revenue Decline | Firstpost | World News | News Live | Vantage | Palki Sharma | News
#apple #revenue #decline #iphonesales #market #shares #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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![Chance The Rapper, DJ Premier - Together (2024) | [Official Music Video]](http://i.ytimg.com/vi/ZVwTX6WP-MM/mqdefault.jpg)
This is not a surprise at all, when Apple declared a USB-C interface is a big innovation in its iPhone 15. 😅
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀
Giving 60hz display is sh!t thing Fr.
do you really all believe in this BS?
Apple outsold Samsucks Galashit last January now suddenly they're falling on revenue? LOL
Maybe India can save Apple. Indians are very image concious and normal poor indians can carry iphones like those bolywood stars on Tv. #Palki is also an iphoneuser be like like #palki.
Also the unreasonable prices...
Iphone are overpriced and overrated mobiles all marketing , it doesnt have any better technology than a normal android phone
Blame the Indian government for that. Unreasonable custom duties on imports is the main issue.
@@probablyparanoid dude.. sales are going down worldwide.. not just in India.. please explain how Indian import tax is affecting sales in other countries?? Please use your brain before commenting
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀😂
@@sunilnathani3924 hahahahahah...wow..nailed it
Forget innovation, they don't even seem to care about changing the design of new models now a days and on top of it the prices keep increasing.
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
@@kamandalamjalam1541 market capitalization isn't comparable to a countries GDP wtf you doing man
It shows that moving Apple factories to India is a huge mistake. Indians don’t even have toilets.
@@Monkehrawrrr It's a bot I guess, this is the 4th copied reply he has made in this video.
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀
Launching same phone with different name will do that to you.
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
@@kamandalamjalam1541dear Abdul, please don't explode on RUclips.😂
He want to spread Peace here also 😅 ola uber everywhere
Steve Jobs is gone. No new ideas and innovative products
@@Dexey136 lol when you pajeets have no logical answer you attack religion. poor gober eaters 😂
The greed of Tim Cook is immeasurable and this is the result of that.
Iphone are overpriced and overrated mobiles all marketing , it doesnt have any better technology than a normal android phone
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
Tim Cook is just playing the capitalism game
@@kamandalamjalam1541how is she "bull shitting" when revenues are down?
Have you looked at Apple stock price after the earnings? Revenues are down but on par with wall streets estimates. And in certain categories, it is better than Wall Street estimates. Their guidance is good and iOS 18 is said to have AI features which will probably turn things around. Majors financial institutions are maintaining buy or overweight rating with higher stock price in next 12 years. The problem is not as big as described in this video. Apple never cared about market share. They care about maintaining profit margins. And they are able to do it by offering the products that just provide better user experience. The competitors may have more features but when it comes to user experience, Apple wins.
Apple was truly innovative 15 years ago. But not any more...the truth is now
Chinese is better & cheaper
Tim Cook is the typical CEO who is more interested in their compensation package than Steve Jobs, a founder and visionary who was interested in the technology. The same fate could happen to Tesla if Elon Musk was replaced with a similar corporate CEO.
@@williamrogers1219Steve Jobs was just as big of a crook as cook, he was no visionary, most of his ideas are copied.
Steve Jobs own words:
"good artists copy, great artists steal, we have always been shameless about stealing great ideas".
Cheaper** don't play around lmao "better" 😂😂😂
Cheap is not better. Apple is still the safest phone to buy. The difference is brand name medicine and a generic brand choose what you can afford. Want to get hacked buy Chinese phone.
@@sahas397 samsung makes way better phones then apple
It is like the world woke up one day and said fu*k Apple
I said that every day since 2016, when they killed the headphone jack
😊😊😊😊😊😊😊😊@@warsamaosman0894
Iphone are overpriced and overrated mobiles all marketing , it doesnt have any better technology than a normal android phone
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
@@warsamaosman0894 But other companies followed suit. 🤣🤣🤣🤣🤣🤣🤣
Huawei defeats apple and byd defeats tesla.😂😂😂
after copying...
Apple's unique strategy is for every new generation, you get the same product but with innovative pricing!
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀😂
Brilliant
8GB still in their laptops is the real reason for Apple's collapse...
they said mac sales went up, didn't they?
Apple 8gb ram is faster and efficient than even 16gb windows.
@@littin3671 computer performance is complex. You cannot attribute good or bad performance to just one number in the spec sheet.
@@mkannan From user experiences of working with many device. I do check performance of devices. I dont use much apple products but they are faster
You can't compare apples to oranges
That's because more and more people are peaking out of the Apple walled garden and finding that they have been in a prison and that outside the wall freedom exists.
💯
i mean they tried to get away selling a 2000$ laptop with 8gb ram, they also charge like 4times more than windows when it comes to ram and storage upgrade
It’s not that people is leaving apple they just stop buying every new model coming out and are probably waiting for AI
They are not getting out of iOS ecosystem they just don't upgrade every year or so. Once u use something premium u will never go back to another option. One of the reason people are not buying iphone every year is phone technology innovation has reached close to saturation point and this applies to every brand which provide regular smartphones ( not some ambitious projects oike rog, foldables etc) also iphone life cycle is much more than other brands which leads to reduced recurring customers. People use iphone for 7 years on average compared to other brands which lower on the scale.
@@mayurwalavalkar9219 7 years on average?? Lol that's the ideal scenario. I see people upgrading every 2-3 years. The same people who bought 12 then buy 13 pro and later upgrade to 14 pro max since the top model is always the goal. The amount of people using it for more than 4-5 years are those who can't afford that in full payment in first place.
Apple is already close to the limit of technology. Smartphone is like a paperclip now it can’t be improved further and no one wants to pay more and more for very slightly better phones when the old ones still work.
I love that paperclip comparison.
I don't think you have tried or used some of the android phones that are trying to innovate an already matured product category. Apple is relying on their brand power alone.
Iphone are overpriced and overrated mobiles all marketing , it doesnt have any better technology than a normal android phone
Such a dumb take of yours, congratulations.
Apple is relying on technology and innovation of android phones. They just take a android features and make them their own.
Apple still has an end game by making its product cheaper and increasing the production!!!
As a recent iPhone user I feel apple is the most overrated product in the history of man.
Had been using android with samsung for more than a decade and it is miles ahead of apple in terms of overall product quality.
Regret switching to ios / apple.
Same
Bro Iv been Using An android like since teenage , and im thinking to buy a IPHONE as a primary device , is it worth the risk ?
or should I keep my android as a Safer option ?
@@user-ji6df6od3f This is again perspective.
If you want ease of use and practicality of functionality i would anyday recommend android. If you want to keep a phone for very long time then maybe iPhone.
But, having said that, try to get a hands on of iPhone to check if it meets your requirements before purchasing one. You’d be aware what you would be steeping into. I didn’t do this and i regret.
Bro should i buy a second hand then ? for cheap
Give it a try for a few months if it's worth it , only the buy a new one ?
@@user-ji6df6od3f that's a good idea. Buying Apple products are only worth it if you use exclusive apps and services that are there in Apple ecosystem otherwise don't bother
As an avid user of the Apple iPhone 13 Pro, I've come to appreciate its capabilities firsthand. However, I can empathize with the shift in consumer behavior away from iPhones. The reasons are clear: first, the rising cost of iPhones, coupled with additional expenses for storage, can be daunting. Second, while Apple continually refines its camera technology, the leaps from one version to the next may not always feel substantial. Additionally, some users crave the flexibility that Android offers, as Apple's software can sometimes feel restrictive. Lastly, the competition in the smartphone market continues to evolve and improve, providing consumers with enticing alternatives.
In short, Samsung gaand kaat raha Apple ki
It is not even restricting it is downright disgustingly bad. Why dialer still sucks
India should ban apple and all android phones, create its own indian brand phones running with indian OS, make india great again, the modi regime, let's go.
Among all the BIG brands mentioned/criticized by palki, we don't see any indian brand
ChatGPT?
Sharp guy. English not good idea ChatGPT then output
This lady should be given Nobel Prize! In other international news channels they have experts for each segment but Pallavi somehow knows everything 😅
Be it politics, technology, international relations, you name it and she will give you expert advice 😂😂😂
Yes, and she speaks very clearly and firmly. I can tell if she could speak her mind and not go by a script, she would, and I'll listen. 😁
Their pricing is very bad, a phone costing Rs 1,50,000 very few people will buy, especially when competitors come up with similar products at much lesser price, they have stuck to same design with no improvements.
1/10 price😂😂😂😂
Their pricing is just fine... it is u who can't afford it... that's yr problem, not apple's!!!
@@pchou061377 i am typing this on my iphone 12 pro max and have several apple products including MacBook pro, IPad pro and iMac etc, so don’t judge people and their buying abilities - next i may never buy their product unless its worth their cost and features, by the way i have few old iPads and iPhone where apple has stopped updates and RUclips and several apps no longer work
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀😂
@@pchou061377seriously 😀
Absolutely beautifully covered, Ma'am! Innovation over consolidation!
It is a primary lesson in marketing that the dominant entity in the market should always be on the defensive to protect its top position. That means listening to the customers so as to stay ahead of the competition. Long back Apple stopped listening to the customer. It is my way or highway attitude.
it's Huawei taken back their lose market.
Apple slowdown because of "slowdown of China economy and" strong Huawei sale. How about omit the words in the quotes?
The beginning of the end of Apple Empire!
you forget Blackberry😢
Legends are those who never touched apple phone in their life
samsung's last years flagships are much fairly priced and well equipped to go toe to toe with the latest apple flagships.
Even mac is going to be fairly challenged once snapdragon arm processors will available to consumer
Infinite growth on a finite planet is impossible. All companies need to learn from this and stop devising strategies for consumerism - we only end up exploiting limited resources for no good in longer term
Yes, many people can't catch up with the price. Also, people don't want to go for older models because of trust issues but also can't afford to waste lots of money for the latest model. The same thing happened to my sister and she ended up buying a Samsung phone.
Innovation is everything in any generation and well explained by palkisharma.
The intro line is 100%.... it's much harder to stay in top position
Nice, I love to see it.
Nice cast, I’m motivated and entertained. Keep it up !
Their sales can boost if they reduce their prices...especially in India where it's sold at about 30% costlier
oh mahn , the research behind the video...truly appreciable effort !
I liked the various examples across industries, that Palki’s cited, where market leaders got dethroned from their leadership positions by competition. This is some interesting research by Palki and her team to enrich the story.
In terms of Huawei’s business posting a growth of 560 percent as suggested in this report and Apple undergoing a bit of a correction in its business, one needs to take into consideration the fact that Huawei’s an around USD 200 billion company and Apple’s market cap is of approximately USD 2.83 trillion. Huawei’s a fraction of Apple’s size and its growth is on a relatively far lower base vis-à-vis Apple. The figures aren't much of a comparison.
So, there’s still time and opportunity for Apple to defend and sustain its market share leadership over the competition by keeping up with the advances in technology. On the contrary, rather than keeping up, Apple’s actually been an innovator of technology in the past decade and it should try and continue to maintain its competitive edge.
Apple's only problem is no risk taking anymore as was the case earlier on... Hence, the downfall
It’s just a phase.. Apple had experienced hits in revenues long ago too.. followed with phases of enormous profits
I have iPad fifth(2017) gen and it is still working good! I also have an iPhone 5 (2012) who also still working good ! My ipad still working with all apps ! Now i have iPhone 15 pro and i am locking forward to many year with it.
wow, such a good analysis palki
Apple iPhones only have flagships in line, which is expensive. Other competitors gave choices to consumers by introducing from the cheap lineup to the flagship lineup. Like if the S model in Samsung is too expensive, people can choose A, or F, or M model.
* Android - upto 120w charger.
* iphone - What is Watt ?
We earn more than Chinese. We sell 20w charger seperately for Rs 2,000. 😀😀
* iphone :
Same old notch ( now modified as "Dynamic island" ) , no charger in box, no 3.5 mm audio jack, no FM radio, no expandable memory card slot, one sim + one e-sim, usb type 'C' charging port only in latest 15 series from September 2023, only 60hz display in non pro iPhone 15 models.
🤔🤔
But, iphone is the best. 😀😀😂
@@sunilnathani3924and people still use it for 6yrs and it still behaves like day 1 while Android slows down in a year and you are forced to buy another one.
How I remember those Nokia days! 😭
🥹
10% drop in revenue in a quarter is not a big issue. Apple has penetrated into development space by making its ecosystem. Developers are bound to produce applications for ios. Apple is under one of the best leadership.
Its just a quarter result. Remember Facebook had negative quarter in Jan.
Its hard to penetrate in apple market because of its ecosystem and ease of technology.
Apple devices are also used in office ecosystem and slowly increasing its market there.
The thing is Apple did innovate but it was through intervals with their M chips. That was revolutionary and the industry is still playing catch up in that respect (long battery life and performance). The issue is that the actual look of hardware is staying the same.
I don’t think you will find a better computer chip for a while (even when snapdragon make their new chips later this year).
Same phone but increasingly higher price every year. Other android phones are catching up or equally good while getting cheaper
The midrange class is amazing, performance and photography wise that you could say rival that of these flagship products but at a quarter of the price.
Thank You.
Huawei is light years ahead of competition in terms of camera hardware and computational photography. I have a Mate 50 Pro, a ~$700 phone with physical apperture (f/1.2 - f/2.0), nice looking bokeh in portrait photos, great screen, etc. Its night photos will make your jaw drop - they're crisp and look like beautiful HDR. And it's not even their flagship phone.
I love huawei pura 70 ultra the best more than Apple
Remembering Steve Jobs.
Its a very fine balance between innovation and stability. Too much of either will affect the brand negatively. Larry page for Google, Steve Jobs for Apple and Elon Musk for Tesla are all into hard core innovation but all of them faced problems eventually. Tim cook is on the other side of the spectrum.
Now time to reduce cost
Apple products are normally quality products. This means most people are most likely to keep their iPhone or MacBook for longer. Also the fact that its services are still bringing in profits iterates the fact that Apple devices users are holding on to their devices. The revenue may not increase but it doesn’t mean Apples lead is falling.
Nice article Ms Upadhya! But, I just wanted to express my disagreement with something that you said. I disagree with what you said about Tim Cook’s leadership at Apple. Nobody, I think, other than him would’ve done a better job of carrying Steve Jobs’ legacy forward for the company. It’s true that his vision for the future of the company was somewhat different from that of Steve Jobs, but he is a major reason, since he joined the company in 1998, for Apple being what it is today. And it’s just not true that Apple didn’t innovate under Tim Cook’s leadership. He thought that Apple had to not do stuff that could be more “fun” and experimental, which would affect the functionality of their existing products and the features they offered, which is exactly what happened to Android a couple years ago. And this is what, I think, he meant by what he said in that interview. It is true that Apple has not been innovating enough for the last year or so and although I’m not exactly sure of why that’s happening, I think that is mostly because they had to fight through the lawsuits filed against them by the US government and the EU. So, I hope that this phase where we’re seeing relatively less innovation from the company is temporary and that they recover from the hard time that they had for the past 2 years soon.
Sleep with Tim cook
To be fair to Tim Cook, not doing everything Apple can was also a policy Steve Jobs had. He's famously said that they'll only do things they can do really, really well.
She is like my aunt, reprimanding me, comparing me to these good kids, showing me all their stats, good and bad, for me to succeed in life. I like her.
saw the latest ipads. sure everything is better than samsung tab s ultra but with insane education deals and good-enough tech like 1 layer oled, 14 inch, free spen, free keyboard bundle, proper desktop-like experience that was already available 2-3 years ago, i see no reason why i need to pay for ipad pros oled unless i get them from the second hand market at the price they are truly worth.
I don’t see a problem with apple,remember androids are doing much better today, but there are so many androids out there today,apple for me is just products that are extremely reliable and that I think is one of their biggest selling point.
Very nice analysis 🎉
Nicely explained
I wouldn’t feel to sorry for apple every immigrant coming across the southern border is given an Apple phone so the United States taxpayer have bought over ten million iPhones. I think apple is just fine.
Nokia innovated but they bought touchscreen too early world was not ready for that.
Awesome
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
India certainly learn from these companies and soon India will excel by developing a handset called Sinta handphone
Since 2020, they only changed the size of bag cams. There are no attractive features apart from it. Only zoom etc in cam are improved. Still people are liking to take pics in Sams. If inmovative changes can be add to the next version, the demand would go high.
Apple = simple things made complicated.
This is how i define iphone.
Apple sales are slow due to them making phone that last a long time. Apple iPhone can last up to 5 plus years. For some people. So for a majority iPhone user since the upgrades are minor they don’t keep buying iPhones every year. It’s not the end of their dominance. To beat apple in smart phone integration it’s not going to be possible For the foreseeable future.
Yeah 2024 still iphone 15 getting 6gb ram or pro model 8gb 😅apple lacking behide android 2019 s10 model 12gb ram & 256 rom so today standard like rog 16gb ram /24gbram / 512gb rom should be 😂😂apple always being features after 10 years later 🙄 android user have features decade ago
As a lifelong Android user and someone who switched entirely to Apple ecosystem (MacBook, IPad Pro, IPhone 15 Promax, AirPods Pro, Apple Watch Ultra and a whole bunch of AirTags) only in 2022, I really feel bad for this 😢
Really interesting video.
Smart people starting to realize they are throwing thousands of dollars for an entry level 60hz refresh rate, 8GB RAM (in 2024?), ludicrous upgrade pricing, expensive repairs, etc. Same device every year just an upgraded chip. Does Apple expect their users to upgrade yearly? What is the point of bragging their best ever if people are just gonna replace it with the following year’s best ever.
One thing with electronics even if u spend and buy phone for 0.5-1.2 lacs max u use for 5 years. The same is true for 20k phone with bit tradeoff on camera and fastness.
Thats true.. my 32k phone was doing same work as my 1 lak iphone now with reduced cam quality 🙁
As an apple ..fun this all true
Hey hey... Apple's Market Capitalization is almost equal to Total India's GDP. And this Phalki Sharma as usual is bull shitting
What are the bunch of things that he mentioned that would really good?
Apple will keep updating with changes in camera positions.
By the time Nvidia will come with a new AI based mobile gadget, my prediction...
It’s not struggling
It’s pivoting
And Palki Sharmas begins
With affordable mid range android phones you already have decent features not that far off from iPhones though the ipads and macs were very worth it
Steve Jobs we miss you so much !! His legacy will be rememberd in Museums soon
4:15 1. Innovation, 2. Bad business game(SW update leading to malfunction), 3. Prices getting higher only, 4. Lack of Creativity, 5. Falling under the influence of Diplomats.
Apple products are good but not for the price. About time people realised that
Im on samsung/ android never understood apple ecosystem but my gf does.😮
I agree. They rose by innovative, Steve Jobs died with the innovative spirit. All other leaderships at Apple are simply business men and women. Steve Jobs was a true creative, he cared more about being bold, daring and of cause, different. RIP Steve Jobs. We no longer enjoy Apple products, we “manage” them in anticipation of a new industry disruptor / leader comparable to what Blackmagic design is doing for the film & television industry.
In 2000 Apple almost went bankrupted. China help them to prosper until recently.
Not China. Microsoft
one can only hope
Thanks
Main reason is price .
It’s unrealistic price if price is affordable everyone would buy iPhone quality is nice
Good one
It's due huge prices and small updates compared to Android devices 3 or 4 times cheaper but more features and hardware upgrade.
I would prefer to buy a Pixel or OnePlus offering more features.
Apple also blocks developer accounts from time to time, but this has not been the case with Microsoft.
Apples sales are down because they Devices don't break easily 👌😊. And they need Me. 🤞
Keep increasing prices without offering any innovations. What does Apple expect? Short sighted business strategy
Same phone with a different charger: Bill Burr
Imagine if Steve jobs was still Here..
manage first your food hygiene😂😂
Even banning products from competitors won't help them
Tim Cook has demonstrated strong leadership at Apple, driving the company's growth and profitability. However, bringing Jony Ive back could inject fresh creativity into Apple's design and product development, adding a new dimension to their innovation efforts.
I thought India will be a big market for Apple?
Now that they are assembling in India 🤔
I have been an iOS fan since 2012 but a phone over usd $100 0 does not make sense to me.
You don’t even get a charger 🔌 and earphones with the Phone 📱
Leadership in the corporate world can only do what the shareholders will allow. Yes, good leadership sells a vision to the shareholders. Ultimately, though, the motivation that drove shareholders to buy stock in the first place will guide their receptiveness to the message of the leadership appointed by the board. Shareholders who come to a corporation for quarterly dividends won't be receptive to a message of innovation, which both diverts money from dividends and risks creating projects that won't be successful. A large and successful company will attract prospective shareholders who are looking for a blue chip investment, not an opportunity for rapid growth.
Most likely a temporary reaction to geopolitical pressure. Once the alternative sites are fully up to speed, Apple might just surge again. Am not an apple user but it seems the company culture simply won't accept failure.
Their pricing is probably what keeps people like me away.
Mark my word. Apple will be the next Nokia and Huawei will be the next Apple.