What is going on with Apple (1 Viewer)

[buttons]

Apple shares close nearly 10% lower after sales warning with billions wiped off of it's share value in one day. Have Apple lost that edge on the competition.....

 

[Simon Richardson]

Have any shares actually closed on the up lately - we've lost a lot on ours this year.

 

[Lenny HB]

There is a patent duspute going on in Germany and they have been banned from selling iphones there, that caused them to drop before Christmas by 9%. Is this on top of that?

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[bungy]

end of the day...the market is saturated with options for consumption of, and interaction with media (which after all is what its all about now) coupled with the largest markets having lots of far cheaper options (china as an example) and the cost of the devices at eye watering level, the increase in ad blockers etc etc etc

the services apple and the like provide are no longer considered leading edge, and cool and all that stuff...they are merely utilities like water, gas and electric...so the shine is going off them...im sure there are bunch of folk on here who remember phones and in door toilets being new...

being in the tech game myself ive always gone for the latest android phones, but this year on my contract renewal, ill be going for mid range at best as they are better than i actually need now, which i guess is not uncommon judging by my work colleagues all looking at the same.

 

[mike mcglynn]

China has slowed down buying luxury goods for a while now and their own brand tech has become comparable at a lot less cost than imported stuff .

 

[Caggsie1]

My phone is a 6s, I had all intentions of replacing with the new iPhoneX, £1000+ is taking it out of reach. I won’t allow myself to pay that for a phone. The Xr is just slightly over £200 less, still silly money.

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[34127]

Perhaps it is overpriced and customers realising that the quality is not that good.
https://uk.reuters.com/article/us-a...ome-iphone-x-and-macbook-models-idUKKCN1NF00Z

 

[JohnH]

I have an iPhone SE and love the trouser pocket size. All the manufacturers seem to be building bigger and more complicated devices so I will not be changing my phone. Most of my friends think the same so the slowdown that brings plus the riduculous cost of the new iPhone will continue to hit them until there is a change of direction.

 

[buttons]

I've been with Samsung for some years and happy with the product. My partner prefers her Apple and it is time for her to upgrade, I have been looking out for a new phone for her and must say I'm confused with just how many different versions of the new apple phones there are out there.
I think apple have diluted their brand which has done away with the must have unique status of the iPhone 6-7-8 etc. I think this was a big mistake on their part...….

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[ivorantony]

I have an iPhone SE and love the trouser pocket size. All the manufacturers seem to be building bigger and more complicated devices so I will not be changing my phone. Most of my friends think the same so the slowdown that brings plus the riduculous cost of the new iPhone will continue to hit them until there is a change of direction.

Exactly the way I feel, we have two iPhones 5 and a iPhone SE and have no intention of changing them, they all work well and do what we want so why spend £1000 upwards for what benefit?

 

[34127]

Exactly the way I feel, we have two iPhones 5 and a iPhone SE and have no intention of changing them, they all work well and do what we want so why spend £1000 upwards for what benefit?

What can a £1000 phone do that my £70 motorola can't do. I can make and receive phone calls, send and receive messages & emails, search the internet etc. I just don't understand why people pay so much for their phones.

 

[Warty]

Apple have just got to expensive,they are just getting greedy, I have a iPad that is four years old & a iPhone 6 and that’s 6 years old both working well.

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[deleted-member02]

I have an iPhone SE and love the trouser pocket size. All the manufacturers seem to be building bigger and more complicated devices so I will not be changing my phone. Most of my friends think the same so the slowdown that brings plus the riduculous cost of the new iPhone will continue to hit them until there is a change of direction.

I agree and have recently upgraded my iPhone Se for..... another iPhone Se.
£299 for 128gb model, what’s not to like??

 

[Garratt]

What can a £1000 phone do that my £70 motorola can't do. I can make and receive phone calls, send and receive messages & emails, search the internet etc. I just don't understand why people pay so much for their phones.

For me, my phone is used as a camera as much as for phoning people. I also use it for Google maps, social media updates, syncing my Garmin running watch via Bluetooth and playing music in my car. How much of that can a £70 Motorola do? Having said that, I loved my Nokia 6310!

 

[DuxDeluxe]

I've been with Samsung for some years and happy with the product. My partner prefers her Apple and it is time for her to upgrade, I have been looking out for a new phone for her and must say I'm confused with just how many different versions of the new apple phones there are out there.
I think apple have diluted their brand which has done away with the must have unique status of the iPhone 6-7-8 etc. I think this was a big mistake on their part...….

I got a new iPhone X - fortunately paid for and contacted by someone else. Lovely bit of kit but not a chance for me to pay £999 for it. The camera is really really good, so much that my micro 4/3 camera lies un-loved and un-used in its bag most of the time.

The answer to the original question is possibly that Apple are a one trick pony that has run out of ideas

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[olley]

For me, my phone is used as a camera as much as for phoning people. I also use it for Google maps, social media updates, syncing my Garmin running watch via Bluetooth and playing music in my car. How much of that can a £70 Motorola do? Having said that, I loved my Nokia 6310!

I would guess all of it, thats assuming you have a Garmin watch. My £100 Cubot can.

 

[mitzimad]

so many phones out there that do the same for a lot less money and phones are no longer a luxury item
when i first started fitting heating in the seventies everyone was over the moon as it was the first time most had had a warm house .now its just an inconvenience when they need a new boiler

 

[dabhand]

Mis-priced in China that and the China trade war leading to a 20% drop in sales there will probably send Apples price down to $100 in the short term, then when the trade war fears ease Apple will bounce back, over the next 3 years price will get back to $200.ill buy at $100

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[Jaws]

I agree with all the above comments, but are not Samsung heading the same way ?
Their latest phones are getting towards the silly high end of the spectrum..
I opted for a second hand iPhone 6s as it was so much cheaper than a comparable new Samsung

 

[34127]

For me, my phone is used as a camera as much as for phoning people. I also use it for Google maps, social media updates, syncing my Garmin running watch via Bluetooth and playing music in my car. How much of that can a £70 Motorola do? Having said that, I loved my Nokia 6310!

I don't have a Garmin running watch but can do everything else.

 

[Onemanandhisdog]

Exactly the way I feel, we have two iPhones 5 and a iPhone SE and have no intention of changing them, they all work well and do what we want so why spend £1000 upwards for what benefit?

Apple have just got to expensive,they are just getting greedy, I have a iPad that is four years old & a iPhone 6 and that’s 6 years old both working well.

They have that covered, there will be a time when those devices can't go any further with the iOS updates, I had a an iPad 1 which although well looked after became useless as SkyGo and other stuff I used it for wouldn't work on an old operating system and I couldn't update.

That was enough to make me steer clear for the rest of time!

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[buttons]

I would guess all of it, thats assuming you have a Garmin watch. My £100 Cubot can.

I have a very nice watch that sits in my draw which cost thousands. I have a very nice watch that I wear every day and night cost hundreds. I wear the cheaper watch simply because it does far more than the more expensive watch and it is less likely to be the target of thieves.

Now the apple hype theory, since wearing this cheaper watch, no less than a dozen strangers have come up to me and said "Nice Watch". Something that never happened with my more expensive watch.
Does the price you paid matter any more I wonder....

 

[Larrynwin]

No surprise there with the Apple greed, we have had a few years of booming economies and manufacturers like Apple have enjoyed the rich ride but bust is next , what goes up must come down.
This is also reflected in car sales across the major economies and no doubt other luxury and non essentials, also shows in the number of popular retailers going to the wall in the U.K.

 

[tonyl]

Apple and Samsung prices are broadly similar if you look at their websites. In fact, many of the top offerings from other companies aren't much cheaper, if you look at RRP to buy a 'phone outright. I don't think greed is the right word to use for any of these companies. They are in business to make a profit and remain in business to carry on doing so in the future. If you are at the sharp end and actually developing stuff rather than manufacturing a 'me too' product, you have to charge enough for it to make a profit and fund development of the next generation.

What is clearly true is that other manufacturers are making better 'phones than they were and providing a lot more of a challenge. That may be reflected in Apple's market share in some or all the countries they serve.

Apple support in terms of iOS upgrades is probably better than most. I don't know about 'phones, but have been looking at iPads and tablets in general recently. The original iPad wasn't supported for long in terms of updates (though still more than 2 years) but subsequent models were better, typically 4 years or more and they remain usable for some time after that. I've just decided that my 3rd generation iPad, bought in March 2012, can't continue in daily use and have been looking around at alternatives. Basically, it has ended up costing about £100 a year, not bad for something I use every day.

Samsung seem to support their tablets (and maybe 'phones) for two major upgrades of Android. Other tablet manufacturers are less likely to make statements about whether they will ever support updates to Android. You can still buy tablets with 5 or 6 installed from eBay or Amazon, while the current version is 9. I was sorely tempted to buy a simple Android tablet with Android 8 on it (for say £100) and resign myself to buying a new one every year or 18 months but in the end went for a secondhand iPad at around two thirds of the new price, still considerably more than 3 or 4 Android ones though. If that also costs about £100 or even £125 a year, I will be happy.

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[DaveandJen]

I’ve always found Apple products to be first class but they keep upping the price and now too expensive. Hopefully the drop in sales and their share price will be a wake up call for Apple.

 

[Coastal Cruiser.]

With profits of over $100bn in 2017 and assets of $365bn they are not going to struggle.

 

[gus-lopez]

Apple shares close nearly 10% lower after sales warning with billions wiped off of it's share value in one day. Have Apple lost that edge on the competition.....

Yes 55 billion wiped off the price to the extent that he has pulled the sale of his shares that was ongoing.

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[The Wino]

Could it be a case of the emporers clothes? people just realising they aren't that special?

 

[DuxDeluxe]

Get a Huawei and have the Chinese government spy on your every movement instead

 

[The Wino]

They can watch me as much as they like won't take long to get bored!

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