What will Apple's fate be?IB
Apple has, once again, posted a great quarter which beat analyst expectations. There have been statements that Apple could become the first trillion dollar company and that its stock could reach as high as $1000.
One top analyst begs to differ and believes that Apple’s reign will continue for a few more years, but eventually come to a halt.
[W]ithout the arrival of a new charismatic leader it will move from being a great company to being a good company, with a commensurate step down in revenue growth and product innovation.
While iPhone and iPad sales continue to grow, Samsung has taken Nokia’s spot as the top cell phone maker in the world and has shipped just 3 million less smart phones than Apple in 1Q. The Galaxy line from Samsung has established a loyal customer base which seeks the new phones similarly to Apple fanatics for the latest iPhone.
The debate if Apple will be able to keep up with innovation in a post Steve Jobs era has been talked about by many people. Do you think Apple will be able to keep growing or will it soon halt and stay an important tech company, but without constantly reinventing different markets?
After the projects that were in the pipeline when Steve Jobs was alive are done being brought to market, what will happen to Apple?