- Last Active
MacPro said:Xaviercross1971 said:Apple's streaming service is DOA. There's no way they compete with this.
"Unfailingly, Apple is always either late or incredibly late to the party. In every single case, though, Apple is better."
That is an old paradigm. Things have changed. Apple isn't the disruptor it used to be. They were late to music streaming and after 4yrs Spotify is still #1. Their big hope is to try and bleed Spotify out of cash, as opposed to having a better service that everyone wants. 4 yrs into the iPod, iPhone, and iPad, they were the dominate player. They were late the smart speaker market and got crushed by Amazon and Google. They're late to the video streaming space and that looks like a major uphill fight. They completely missed out on web services that turned Microsoft and Amazon into behemoths.
Even on the products that they were early on, they're struggling. Siri is way behind the other assistants and Apple TV became a high priced streaming box with minimal market share.
I don't know if folding phones are the future. I do know that Apple isn't competing against the likes of RIM,Nokia, and FitBit anymore. They need to get faster at getting new products to market as well as faster at updating already existing products. The game has changed, they need to evolve with it.
genovelle said:minisu1980 said:Let see 38.5 million units sold.
Amazon 13.7% (5,274,500 units) x $20
Reasonable to assume less than 5% profit margins
Apple 1.6% (616,000 units) x $349
Reasonable to assume historic profit margins of 30%
Think I’ll hold my Apple positions.
13.7 million x $20 x 5% = 13,700,000 profit
1.6 Million x $349 x 30% = 167,000,000 profit
So, it’s actually worse.
The problem is Apple is too slow to react. In the Cook era the biggest innovation is the Apple Watch. Meanwhile Amazon develops Alexa and AWS. Alexa is so successful that Apple is forced to allow Apple music Alexa devices. Microsoft develops their own web services. Netflix dominates streaming. Disney is prepared to release their own massive streaming platform.
It's not about pure innovation. It's about speed to react. Apple is used to coming late to the party with a great product that blows away the mediocre products in that category. The days of disrupting a new market is over for Apple. The competition is too smart, too big, and too well funded. Apple and Cook have to adjust to the times. Otherwise they will continue to fall behind.