Apple insists iPhone isn’t ‘doomed’
Three reasons suggest why Apple's iPhones will keep on going
Some fear the recent fall in Apple’s share price due to sluggish iPhone sales might be a sign of more bad things to come for the Cupertino tech giant. This might not be all that true, and Apple’s been refuting these rumors by trotting out three indicators that prove its iPhones aren’t about to go the way of the Edsel.
A recent note published by Credit Suisse’s Apple analyst, Kulbinder Garcha, showed sales of iPhones 6s could fall by 20 million to 222 million units in 2016. While this might be the offshoot of Apple’s share price dropping US$13 (AU$13) to US$117 (AU$163), it doesn’t prove that the future iPhone business will reach stagnancy.
A road bump like the projected weakness in iPhone sales isn’t likely to isolate the iPhone line, which accounts for most of Apple’s income, reported Forbes.
Let’s focus upon the three reasons why the tech-giant will continue making huge profits from its iPhones, no matter what.
First off, Apple derives huge profits across its far-stretching smartphone ecosystem. While it’s true that Android enjoys a huge market share per device, Apple takes the lead in maximizing returns from the IT market.
It’s also true Android always stays in the spotlight because it dominates low- and mid-range devices. Apple, however, has found an unconventional way of earning perennial income from its high-end devices, which none can beat.
Another reason is that Samsung’s Galaxy S range isn’t pouring enough profits into the company for Samsung to stay ahead of the competition. So, Samsung, which is Apple’s biggest rival, is now lagging behind.
The South Korean company plans to again cut the prices of its low-end Galaxy J to earn more money and fast.
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