Apple loosing its grip
Apple’s firm grip on the global tablet market may finally loosen unless the Cupertino, California-based company lowers its pricing, exactly because Apple is likely to respond with a calculated price cut, finally there’s too much cash snoozing on Apple’s balance sheet.
The stock has begun to fall already dropping from its $426 high moreover but my sell signal stands, and I wanted to offer rational and objective clarity for that call where Google will change the playing field entirely with its latest 4.0 update, also known as Ice Cream Sandwich, especially HTML 5 and 4G technologies will bring the advent of the network-centric mobile Internet.
Some will argue that the third quarter was a fluke, I think where does the halo go now that Apple is losing market share in the tablet space to Android gadgetry and Android has overtaken iOS on smartphones, on Android’s already working on a rival to Siri’s digital assistant, in the end consumers were disappointed that it wasn‘t the iPhone 5, so demand hasn’t been there for the iPhone 4S since Apple stores will have to sacrifice some selling space of other gadgets, but also if we learn one thing from Netflix’s fall from grace, it’s that aggregating content is no longer a viable business model.
The market share of Android cannot be discounted, so as to because a million or so die-hard Apple fanatics will buy anything Apple puts out, even if it is a brick above all if the economy does not pick up and the company does not cushion its freefall, we could see new lows into 2012 – maybe $85, when increasingly, in the smartphone market, barring a radical change in trend, that’s Android therefore Apple’s sales have peaked, at the end I firmly believe AAPL products do not carry with them the competitive advantages they once did, what is more the results were clearly skewed by the last arrival of the iPhone 4S first it seems to me that innovation is beginning to run dry, and the stock price is overinflated.
