OPINION: A lack of ideas is a gloomy thing to behold in a tech leader. Executives try to strike all the right notes and use all the latest buzzwords, but the numbers show a disturbing trend and competitors are way ahead with real innovations that can be seen and touched.
This is now happening to Apple.
On Wednesday, Apple released its third quarter results. Revenue is 14.6 per cent down year-on-year. Net income is down 27 per cent. iPhone sales are down 23.3 per cent on the year-ago quarter.
The growth in services – 18.8 per cent year-on-year – does little to make up for that shortfall: Apple sold almost US$6 billion worth of services in the latest quarter and $24b worth of iPhones, so the scale isn’t comparable.
Sales in Greater China, Apple’s single biggest source of growth in recent years, are down 33 per cent year-on-year, more than in any other geographical region.
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“We face some challenges” was how chief executive Tim Cook described this on the earnings call.
from Eve’s Feed http://www.stuff.co.nz/technology/digital-living/82559900/Apples-technological-lag-is-starting-to-show
from
https://evewilki1971.wordpress.com/2016/07/28/apples-technological-lag-is-starting-to-show/
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