Quote:
Originally Posted by jtodd_fl
I think when Jobs died all the innovation left the company and it is doomed. Cook should be fired and they should get someone new to run the company. I mean, seriously, the watch was a failure (although it is the number 2 watch in the world behind Rolex, by revenue) and the iPad is sinking (only sold about $12 Billion worth so far this year). I mean, it is a travesty. iPhone revenues are down YoY for the first time ever (disappointingly selling only about $100 Billion worth so far this year  ). The company is clearly doomed.
Edit: Oh, clearly there is some sarcasm hidden in there somewhere. Stealth adding charts... cuz... CHARTS! |
Amen.
Yet AAPL trades at 10 times earnings and MSFT trades at 30 times. Gotta love the market.
AAPL *ONLY* sold 231m phones in 2015 and will probably sell around 220m in 2016 (OMG DECLINE).
For the Cook haters, Cook decided to launch the 6 and 6 plus to get people wanting larger screens, starting the super cycle. The only reason iPhone sales are down even slightly is because a CRAZY amount bought the 6 and 6 plus due to pent up large screen demand.
Fun fact. When Jobs died in 2011, Apple shipped around 72m phones. As I said, they more than tripled their iPhone output to 231m phones in 2015. Cook has done fine. The watch actually might gain traction soon as it functions as a standalone GPS device, perfect for athletes.
Now to grow services and move away from being a "hardware only" company.