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re: Report: iPhone Sales Fail Triggered “Fire Drill” at Apple
Posted on 12/4/18 at 8:00 pm to Street Hawk
Posted on 12/4/18 at 8:00 pm to Street Hawk
I started a thread on here several months ago about Apple and my concern about declining smartphone sales. The market is mature and there's very little compelling reasons to upgrade every two years other than performance and declining battery life.
I think about 70% of their revenue comes from the iPhone.
It's still my largest holding and I've given back some gains but I'll likely consider locking in some profits on the next bounce. I don't plan to sell it all.
I think about 70% of their revenue comes from the iPhone.
It's still my largest holding and I've given back some gains but I'll likely consider locking in some profits on the next bounce. I don't plan to sell it all.
2
Posted on 12/4/18 at 10:01 pm to fallguy_1978
quote:This is one of the reasons why their focusing on major growth in their services, so they can still make money from the consumers with their devices, even when they're not buying any devices.
I think about 70% of their revenue comes from the iPhone.
Posted on 12/4/18 at 10:44 pm to fallguy_1978
I’m not an Einstein by any stretch of the imagination, but their model doesn’t seem effective for a large part of cell phone users. Releasing a new model of phone every year that costs hundreds of dollars seems silly. Especially when the “new” features don’t really affect me.
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