The Best days for Apple are Over?
Top Wall Street analyst predict not very bright future for Apple, dictated by the behavior of “financial sharks” and concerns of investors from the stock exchange. Financial 2015 was the most successful for Apple – the company’s revenue for the period from October 2014 to September 2015 amounted to 234 billion dollars.
This is 28% more than the previous financial year. However, whether this will be the last success for Apple? Toni Sacconaghi, senior analyst at Sanford C. Bernstein, claims that “Apple’s best days are over.”
In his words, the growth of Apple, which is driven by high demand for smartphones ends – because the market goes in the stage of maturity. The trend of maturation of the smartphone market is particularly pronounced in the upper segment, which is the main source of revenue for Apple, adds the analyst.
The success of Apple’s smartphone does not mean that the company can rely forever on this market as a source of super-profits. Realizing this, Apple is attempting to develop other areas, incl. wearable electronics, TV and autonomous vehicles, but they are all long-term projects. Investors must believe that cars or smart watches will be another growth engine of Apple. But investors are worried about short-term prospects of the company.http://gizbrain.com/2015/10/30/the-best-days-for-apple-are-over/https://i2.wp.com/gizbrain.com/wp-content/uploads/2015/10/Apple-Tim-Cook.jpg?fit=760%2C507https://i2.wp.com/gizbrain.com/wp-content/uploads/2015/10/Apple-Tim-Cook.jpg?fit=190%2C150APPLETECH NEWSAppleTop Wall Street analyst predict not very bright future for Apple, dictated by the behavior of 'financial sharks' and concerns of investors from the stock exchange. Financial 2015 was the most successful for Apple - the company's revenue for the period from October 2014 to September 2015 amounted to...John GreenJohn GreenJohngreen@gizbrain.comContributorJohn Green is a writer at GizBrain.GizBrain - Your Tech Brain