Innovation is when a company/person gives a market new access to utility. It's innovation. It didn't exist before to that market, now it does. This is separate from invention. And it's great for us that Samsung is competitive. We don't want a monopoly, we want to be as close to perfect competition as possible. It's not a cause to complain, it's a cause to celebrate.
Inovation is not taking others ideas and using them yourself in my opinion. It may be clever implementation but NOT innovation. Apple hasn't done anything for any market for some time.
About iPhone sales:
- Why would sales drop? Hmmm... Is it because sales spike at a product launch, then drop as time goes on? (hint: yes) Why would the masses be rushing to Apple store to buy iPhone 6s this quarter, when it was released many many many months ago? How is a sales drop 7-8 months after huge sales launch mean its a flop today? Nothing in retail sales is a straight line.
- Plus Smart Phones are at market saturation in US. Everyone who is going to buy one, has bought one, with only small niche exceptions. And theres more competition now, too. Apple is focusing on expanding channels out into the world. iPhone SE is part of that strategy, and so on. So what we're seeing today is not the entire strategic plan. Investors are all ears if Tim Cook wants to hint at a greater plan, because they want to invest if they feel confident in one.
- Apple Watch will be a success (hitting their goals, not yours), and sales from hardware matter less moving forward anyway. Why?...
- Apple more and more will be making money on top of hardware sales with services (Apple Pay, iCloud, iTunes Movies/TV, iTunes Music, iOS apps, Apple TV media partnerships, etc).
- Apple's focus is not about having 100% of Americans (for example) owning Apple products. For them it's about having the top 20% of wealthy Americans owning Apple and extracting payment fees, cross sales, etc from them over a lifetime. Apple is building gardens world wide and will be harvest cash from them for a long, long time.
- They will gladly let Samsung take the price sensitive consumers. But what they don't want is Samsung taking the upper-middle and upper class sales. So...
- When competitors (like Samsung) so start catching up to Apple (because Apple aren't magicians—they can't out-innovate the entire competitive world at God Speed forever in each category) Apple plants a flag and defends, meanwhile investing troops to move on to the next product category (eg. Cars, Payment system, etc)
- Apple is at war. It's not about fan-boy ism because I get plenty annoyed at Apple myself. But this MacRumors article and the content/event it references is about business. I too wish Apple would upgrade their Mac Pro and re-release a tower but the cold truth is that doing so is not going to grow a $500 Billion Company. If I were you I would save that anger for WWDC where it's more appropriate.
About me:
I'm not "supporting Apple." I have plenty of consumer complaint inside me. For example, I too want Apple to focus on Mac and laptops and the operating system. But to say that Tim Cook should say things the audience doesn't want to hear is like asking him to go to a Cat Convention and talk about chew-toys. Cats don't care about chew-toys, they care about cat-nip. Tim Cook went on CNBC to talk cat-nip to the investment community. This wasn't WWDC where the developers care about devices and software function. So why are you mad he didn't address you at this specific televised event? You aren't an investor. If you were, you would want him to talk about what you care about—growing the company financially.
Firstly, please remember there is a world outside America, smartphones have existed for years before Apple showed up and many people had them.
iPhone SE was a response to it's customers demanding a smaller iPhone and not buying the new bigger models, thus affecting sales.
Apple watch has not hit it's sales targets though, and no it will not be a success, they have to persuade multiple generations that spending a lot of money to wear a watch, (after they stopped wearing one due to their smartphone in their pocket), that copies your phone is actually very good, the smartphone already had high market penetration so people adopted that far more easily, and you need an iPhone to use an Apple Watch. People won't update their Apple watches as often as their phones either, a watch has traditionally been jewllery, hell Apple acknowledges this with it's luxury materials and ridiculously inflated prices of the Edition range, and that mindset does not update jewellery every year.
Many would consider Samsung to have long overtaken Apple at ALL levels, and even people on here that were long term Apple fans have switched.
Apple has already built it's gardens, so not sure how they will go further with these?
Perhaps you failed to notice Apple did not mention their Watch sales in their quarterly results? It was mixed in with 'others' somewhere.
It's main drive is the iPhone, plain and simple, it lost huge sales on the iPhone, a thinner model with the same design, lack of headphone port, and a new top model with a better camera is hardly going to improve that. So that could be 2 years of dropping iPhones sales, that will lose investors.