- Edited
vlatkozelka wroteI don't understand your argument honestly.samer wroteYeah… not really. The top 500 US companies by market cap fell around the same time. So attributing that to a "lack of innovation" is far too simplistic. There are larger market forces at play here.Apple Stock Has Been Plunging due to Sales falling from
Lack of Innovation
Highprices
https://i.imgur.com/5mMY7O0.png
What's stock prices have to do with the actual product? Yes there is a correlation of course, but it's hardly the only factor.
USA consumers will always buy Apple products no matter what you do. Canada's are more keen on using Android for example.
It takes a lot more than just a good product to change a "culture".
Funny example, we received an email at work a few days ago, from someone who took some photos of an event that happened there. And they had to mention in the email that they were taken* by "the amazing Iphone Xs**". It was even more relevant to them than the pictures themselves. It shows how much people are attached to a brand, and like to brag about it.
* It wasn't the automatic message the iphone insert's "shot by iPhone". They wrote the line themselves.
**I have no idea what these phones are called anymore, please don't be picky.
The smartphones frenzy has been going on for a decade already , this is not going to continue for another decade. In fact , the Chinese & Korean made smartphones are equipped with more advance technologies. Apple's revenue will continue to decline. Apple price increase to cover lower unit sales is shortsighted and inadvertently causes in a spiral to the bottom when to competitors are chruncing out great usable laptops and smartphones at a fraction of Apple's pricing. In stock downfall vs Apple Position correlation is due to falling of Apple products sales figures. Investors are starting to show reluctancy to invest with an ambiguous strategy that strenghthen Apple position in the future increasing the risk of further downfall & weak investors returns.