Apple's "core business" used to be the Macintosh. Then it was the iPod. Now it is the iPhone. It will likely next be Services.
Even with the huge drop, they still posted their third best quarter in company history so the underlying fundamentals still seem to be strong.
That's a fair point - but their services are based around their existing products. As their user base dwindles so does their services.
Personally I think greed and hubris has taken root at the top of Apple, it happens to every huge company.
Before it was, build the best products possible that our consumers will love and pay a premium for.
Now it's profit, profit, profit. Look at how they've neglected their Mac lineup since Cook has been in charge, look at the surging prices for their products. There's nothing wrong with pushing services, but pushing credit cards while giving your putting your Mac products on the back burner for example is a risky (and in my opinion foolish) long term strategy. As it's those products that your services are built on.
Also $1000 for an iPhone is always going to kill your sales.
I think I paid $650 for my iPhone 6S, the XR is $800 and while newer superior isn't all that different.
Apple has needed some fresh leadership for some time.
Cook is more interested in politics than technology.
Eddy Cue is an idiot. He's like that member of the Politburo that everyone know's is only there due to his connections and has no right being in the position he's in.
Aside from Johnathon Ive the rest are pretty easily replaceable. Craig Federighi isn't too bad.
