|Nov 1, 2012, 12:24 PM||#1|
Apple is doomed
I fear for the future of Apple. They were an innovative company with compelling design under Steve Jobs. However, we are now at a tipping point.
Steve jobs is no longer with Apple, they have a stale OS, their phones have now been matched in build quality (Nexus 4), the Android app store has caught up in volume of apps, they went backwards with maps and in my opinion, the wheels have started to fall off the Apple steamroller.
They have become a gigantic sloth that moves slower, innovates less and is milking their monopoly they created with clever product release events where everybody says "Amazing" a hundred times or "Incredible" in every other sentence. But people are not stupid. You can only be hoodwinked for so long.
When Apple fanboys start to look at Android, many feel cheated. They realise that Android has a far superior operating system and they have been ring-fenced by fanboy eulogizing, many of whom are just spouting stuff their heard their buddy say without looking for themselves.
We have reached a tipping point for Apple. Their share price already dropped on the announcement of the new Nexus prices. The city traders are not stupid, they can see what is happening. Apple is due a decline over the next 5 years as Google swamp the market with Android, with LG and particularly Samsung making huge gains in market share.
You read it here first.
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