This article just proves the shift to Android devices is starting to have a major impact on Apple.
Apples stock is down $20 or 4.5% today. That's in incredible plunge.
Tim Cook still has done nothing to change the investors/analysts view on Apple and it will continue to slide until it's addressed.
And why should he? Apple's product lineup is the strongest they've ever had. The one blip is the Mac Pro. But the small percentage of people that need that kind of grunt for professional reasons have plenty of alternatives (and the small volumes the Mac Pro sells in would have next to no bearing on the bottom line of Apple).
Do you really expect Tim Cook to force out a half finished iOS 7 tomorrow to stop the share price sliding? This is a multi-billion dollar industry. Strategic decisions are made and carried out over months and years. Not off the cuff to the appease Wall Street.
- I switch from Windows to Mac 6 years ago (to a 24" iMac that I still use).
- I switched from Nokia, Sony Ericsson and Palm phones to the iPhone 5 years ago. (I've owned every model since)
- I got my first tablet - an iPad 2 - 2 years ago (and upgraded to gen 3 last year, which I still use).
I couldn't be happier. Is it perfect? No. But neither is the competition. There are trade offs on all the platforms.
I own Apple shares - am I mad? No. Just patient. If I felt there was no future in Apple I'd sell up. But they've risen so much over the last few years since I bought them that they could halve in value tomorrow and I'd be close to where I bought at.
It always bemuses me that people are so angry at AAPLs price. Surely you spread your risk over a number investments. Relying on Apple is foolish.
Source Article from http://www.macrumors.com/2013/04/17/google-play-catching-ios-app-store-in-download-volume-but-ios-still-dominating-revenue/
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