Apple Pie In The Sky

What on earth is going on at Apple?

The shares are below $400; inventory of unsold iPhones is said to be twice normal levels; staff are leaving; the CEO speaks empty platitudes about products which enhance lives and makes empty gestures like linking his pay to Apple’s share price vs the S&P index; a dubious new OS is palmed off as progress.

Instead of building 110 million iPhones in H2, Apple is now expected to build 85 million.

People expect products from Apple. Innovative, thrilling products. But there have been no new products for a year.

CEO Tim Cook’s public performances are singularly unimpressive. He comes across as guarded, non-communicative and smug.

Rather like Nokia top management after they’d been hit by the launch of the original iPhone in 2007.

Maybe top management is the same the whole world over – when in trouble go into denial.

Tags: iphones

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  1. david manners
    June 27, 2013 11:16

    Absolutely, Dr Bob, all this anti-Samsung litigation looks like part of the blame game. Maybe Apple doesn’t move iPhones to larger screens because it’s frightened of getting called a copy-cat and getting sued.
    I wonder if Samsung has patented the ‘look and feel’ of all phones with screens bigger than five inches.

  2. Dr Bob
    June 27, 2013 09:15

    and looking for someone/something else to blame. A bit(lot) like Ed in that respect.

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