Apple: Reality Bites, So Time To Sell
Recently (Thursday, 8/8), The Wall Street Journal had bad news about Apple (AAPL).
Their “Marketplace” section’s top article (Android Seizes Phone Market) presented Apple’s 3-year inability to grow iOS market share even as weaker competitors gave up gobs of it. The winner: Android-based phones, now with a quasi-monopoly of 80% market share, up from 25% three years ago. Apple? Stagnated at 15% to 20%, with the latest results below the bottom end of that range at about 13%.
The articles describe symptoms of a fundamental problem at work that portends lower earnings and profit margins in Apple’s future. The problem is the dreaded technology S-curve…
This article is published on SeekingAlpha.com
