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Alphabet passes Apple as most valuable firm after hours
Posted on 2/1/16 at 4:27 pm
Posted on 2/1/16 at 4:27 pm
LINK
quote:
Apple's main problem is its reliance on the iPhone, which now accounts for two-thirds of revenue. It's a massive business, but sales in the fiscal first quarter increased only 1 percent from a year earlier, while iPad and Mac revenue dropped. Investors are concerned that unless Apple changes course and decides to compete with lower cost Android manufacturers on price, the iPhone's best days are in the past.
Meanwhile, Google is convincing investors that in the transition from Web to mobile it will maintain its dominance. According to eMarketer, Google is poised to capture 32 percent of the mobile ad market this year and next, staying well ahead of Facebook, which is around 20 percent. The company generates so much profit from its digital ad business that it can invest in all sorts of potential growth areas, namely autonomous driving and extending life.
This post was edited on 2/1/16 at 4:29 pm
1
Posted on 2/1/16 at 4:54 pm to CAD703X
The end of carrier subsidized phones will affect Apple far more than any other manufacturer. It will be interesting to see how Apple responds.
Apple need only look at RIM to see what standing on your laurels will do for you in the tech market.
Apple need only look at RIM to see what standing on your laurels will do for you in the tech market.
Posted on 2/1/16 at 5:12 pm to elprez00
Apple already responded. iPhone upgrade program
Posted on 2/1/16 at 5:18 pm to colorchangintiger
by letting you rent a phone for $480 per year?
my lord
my lord
Posted on 2/1/16 at 6:19 pm to rocket31
Even when you buy an iPhone its still Apple's phone and not really yours. The way they control their OS is a huge turn off. Especially if I have shelled out $700+ for a device. In the end the company with market share will always win out. Microsoft and Google will last the test of time. Apple won't flameout like RIM, but they have seen their best days imo.
Posted on 2/1/16 at 6:41 pm to BhamDore
quote:
Apple won't flameout like RIM, but they have seen their best days imo.
i think so too, actually.
sold my stock about 6 months ago and will never look back
This post was edited on 2/1/16 at 6:42 pm
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