‘Apple missed the mark because it missed the market’

January 24, 2019 by Steven M. Peters

A rant from a friend of the blog who’s been traveling a lot overseas:

 

Apple blew it… with pricing.

China is now past Apple… people get demerits for buying Apple devices, plus they are proud, plus Chinese phones are so good and half the price.

Most importantly, Europe is really moving away from Apple. Not only they are going into recession and $1,300 phone seems absurd, Chinese brands (at half the price) are getting accepted. I go there every month, big big change, Huawei advertising plastered everywhere.

Apple world is shrinking.

My take: Anecdotal, of course. But these are signals worth watching.

Sponsored: Find a Qualified Financial Advisor

Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to 3 fiduciary financial advisors in your area in 5 minutes. Each advisor has been vetted by SmartAsset and is held to a fiduciary standard to act in your best interests. If you’re ready to be matched with local advisors that can help you achieve your financial goals, get started now.