“Count investor/ author/ entrepreneur Carol Roth as one of those in the camp that says Apple’s best days are behind it,” Macke reports. “‘There is a point in time when these companies become too big to succeed,’ Roth says. ‘Apple now is twice Microsoft’s size, approximately, and I think it’s running into the same issues; it’s very hard to get that huge growth when you are so large.'”
Macke reports, “Apple is a money-printing machine. If they never sold another iPhone or iPad, the iTunes store would still crank out billions in profits. But the market looks forward and it’s going to be all but impossible for Apple to retain its share of the smartphone or tablet industries. That’s the problem with inventing wildly profitable products — everyone starts gunning for you… Apple became the “Best Company on Earth” by taking the title from Microsoft. If Apple can’t keep defending that title with hotter and better offerings, it’s going to become what Microsoft is today: a money-printing machine with an absolutely dead stock.”
Read more in the full article here.
MacDailyNews Take: Sometimes all you can do is just shake your head and iCal stuff for future use.
Is it five o’clock, yet? Oh, wait, that’s right, this is The Internet, it’s five o’clock somewhere! Bottoms up!
TGIF, this week especially.