6 Biggest Threats For Apple
Bangalore: Apple Inc is the largest company by market value, and is regarded as foremost consumer Electronics Company. Its latest iPhone iteration, iPhone 5 broke the sales record set by its predecessor, clocking sales of over 5 million in its first weekend in market, a definite blockbuster. The saga just couldn’t hang on with same success, as Apple shares saw a 4 percent fall, a five month low on Wednesday, losing $130 billion of its market value. It emulates that the company is failing to keep up with the demand for iPhone 5, which accounts for about two-thirds of the company’s profit and struggling to keep up with the competing companies.
Read on to know the 6 warning signs Apple is facing as compiled by TOI.
#6 iPad mini Fizzles:
Apple’s recently launched iPad mini, even with much hyped publicity failed to gather the crowd the way iPhone 5 did. The queues outside the Apple Stores for iPad mini, lacked in length and in frenzy, which was typically seen with other Apple launches. Overall Apple’s iPad mini failed to be apple of the customers’ eyes.
