“It was bound to happen. Nothing grows forever—particularly something that has gotten so big so fast —- but Wall Street doesn’t operate with that kind of logic,” Simon writes. “It demands continued growth, and none of Apple’s products seem poised to fill the void left by diminished iPhone sales.”
“So, 2016 might be a bumpy ride for Apple. While the company will almost certainly scoop up nearly all of the handset profits and still have a balance sheet most companies would kill for, there’s a distinct possibility it will lose its status as biggest company in the world (based on market capitalization) to Alphabet, while struggling to meet the lofty year-over-year sales goals set in 2015,” Simon writes. “But if history is any indicator, Apple might actually benefit from this surprising downturn, and come away all the stronger for it.”
Read more in the full article here.
MacDailyNews Take: The problem is that the elephant in the room is no longer there.
Can Apple really, truly innovate without Steve Jobs there herding cats, saying “no,” and demanding more, more, more until the merely good turns into insanely great?
We shall see.