I don't know how many people keep up with tech companies here, but I've been following Apple in the news (somewhat) especially since Steve Job's departure. At that time I wondered (as did other people) whether Tim Cook really would be able to pick up the mantle and whether Apple could continue to innovate at the same pace it has in the past.
But Apple's stock has soared in the 4 years since then going from $52 to a $130 as of mid July. And on July 22nd it opened at roughly 6% below the previous day's close and it hasn somewhat rallied back since then.
Most analysts say, the decrease is because of slowing growth in China, the saturated market there plus Xiaomi which gas grown tremendously in the past few years, and Apple gets a huge chunk of its revenue from the iPhone with China being one of the fastest growing markets, and that seems to be changing now.
Source
Being geeks as we all are over here, I'm sure quite a few of you are up to date with what's going on beyond the financials. So my question is, where do you people see Apple going in the future?
1) Apple is already well north of 700B in market cap, do you see that going up in the future considering their over dependence on the iPhone?
2) What's the new big thing for Apple, is there even going to be one, or is the Apple Watch a trend that's here to say when it comes to innovation
And I realize this isn't relevant to PG specifically, but then again its the Chit-Chat section
But Apple's stock has soared in the 4 years since then going from $52 to a $130 as of mid July. And on July 22nd it opened at roughly 6% below the previous day's close and it hasn somewhat rallied back since then.
Most analysts say, the decrease is because of slowing growth in China, the saturated market there plus Xiaomi which gas grown tremendously in the past few years, and Apple gets a huge chunk of its revenue from the iPhone with China being one of the fastest growing markets, and that seems to be changing now.
Source
Being geeks as we all are over here, I'm sure quite a few of you are up to date with what's going on beyond the financials. So my question is, where do you people see Apple going in the future?
1) Apple is already well north of 700B in market cap, do you see that going up in the future considering their over dependence on the iPhone?
2) What's the new big thing for Apple, is there even going to be one, or is the Apple Watch a trend that's here to say when it comes to innovation
And I realize this isn't relevant to PG specifically, but then again its the Chit-Chat section