Apple Inc (AAPL) has seen a 2.5% dip in it’s stock value, the stock topped at $482 and slumped to a minumum of $467 for the day. This was following an announcement regarding the potential subsidury being spread between the top 10 mobile companies in both the US and the UK.
Apple announced profits were down to it’s lowest since 2007 but announced that it would be returning big dividends for it’s shareholders.
The main reason for Apple’s decline in sales is due to increasing competition in the mobile telecommunications market from competitors such as Blackberry, Samsung and Nokia and less breakthrough technology since the Iphone hit the telecommunications market in 2007, this is forcing the company to lower it’s prices on it’s products making the value of the marketed iPhone or Apple related commodities less sought after in the mobile communications industry.
Unless Apple has a new breakthrough in technology for a product that offers what no other telecommunications product offers, then we will see a gradual decrease in the value of both Apple shares (AAPL) and it’s pricing for it’s products as people will go elsewhere to products that offer more for less than Apple related products.
One breakthrough product that could be on the market very soon for Apple (AAPL) could be an Apple watch, which could make telephone calls, access the internet and provide location tracking services. Apple expects to sell the product on the market at around $200.
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