Did Apple Die Along With Steve Jobs?
Written by: Kiwinano Technology Inc.
Apple for decades has been the top player in the electronics sector revolutionizing products with never thought of simplicity and user friendly features. When Microsoft was coming out with Windows laptops, Apple came out with the iMac, MacBook pro, and MacBook air. When mp3 players came out, Apple came out with the iPod. While Blackberry was coming out with the top smartphones, Apple came out with the first touch screen iPhone. Nobody could compete. Steve Jobs was on top of the world with Apple in the palm of his hand holding it above his head, being the top company in the world. So what happened?
It seems as though after Steve Jobs passing, Apple slowly started to roll down the hill from where it has been standing on as the top company in the world. The success of Apple came from a combination of innovation, simplicity, and consumer friendly products. These attributes were the major success points for Apple and today Apple doesn’t seem to bring new innovation to the table. This formula allowed Apple to stay years ahead of its competitors, which was the reason for their major stand out success. Today Apple has no crazy mastermind to continue coming out with new revolutionary products but instead Apple keeps surviving on the old products simply by creating new versions of them, as a result competitors are catching up if not already caught up. Where is Steve Jobs when you need him.
Steve Jobs once said
“People don’t know what they want, you need to show them what they want”.
Apple seems to be lacking this philosophy.
Its not about coming out with products that have already been made and making version 2.0, it’s about creating new products that will make peoples lives easier. This is how Apple can gain its competitive edge back” –Anthony Krasno
Apples stock has recently dropped costing investors billions of dollars. Today (May 19 2016) the Apple stock is at one of its lows points in the past couple of years at $93.85/share dropping by $36 dollars per share in comparison to may 19th 2015 when the stock was at $130.07. Who would have predicted such a drop in a single year.
Today, the top tech company when measured in revenue is a Chinese owned company; Huawei. The HQ is the size of multiple Disney lands, with high quality products selling for very affordable price.
Should investors be worried?
Well its hard to say since when looking at Apples stock history, in 2013 they have been under $60/share, only two years later in 2015 Apple has more than doubled, and a year later in 2016 has dropped to under $100. The stock has been slightly volatile when observing it over a longer period.
Where is Apple going next? Well for now all we know is that Apple has invested in a ride-sharing company in China and the rest, well we can expect more iPhones, MacBooks, and Apple watches.