Or is “wither Apple” more fitting.
AAPL was up 5.2% to 445, well of its 52 wk low of 385. Though the 52 wi high of 705 seems light years away. Why was it up. Got no clue. Didn’t read the reasons. Today’s WSJ, which obviously arrives bet mkt open put things in perspective.
Sold31.2 million iphones this quarter
19% of mkt share of smartphones
40% operating profit margin for iphines.
Tablets
Market share plunged to 39% in 2022 from 79% in 2010
Ipad margins similar to Macs - 15 to 20%.
Mac share - only 5% of global sales.
Hypothetical qquestion.what happens if iphone share slips to 5% by 2017? Amounts to half of 2012 sales. Ipad would be one third of 2012 sales.
And margin for iphine could join MAC and IPAD territory.
Do the math.
Article ends stating iphone may not follow Mac path. Cause lead in software dev for its mobile.