It looks like Apple’s ridiculous business strategy of trying to force feed iPhones down everyone’s throats is running up against a wall. 2019 sales forecasts for the iPhone are down and Apple’s stock has declined in recent weeks.
Apple shares were downgraded Wednesday by a Guggenheim Partners analyst who predicted a 5 percent decline in iPhone units sold in 2019. The firm also said rising prices would not be enough to offset that decline in sales.
Also on Wednesday, UBS cut its Apple iPhone sales estimates and stock price target, citing supplier warnings and overseas sales pressures because of the rising dollar.
The stock, which is down 13 percent this month, fell almost 2 percent Wednesday.
They just came out with the iPhone 8 and the iPhone X a year ago and they just recently introduced the iPhone XR, iPhone XS and iPhone XS Max.
The iPhone 8 and iPhone X had few if any notable improvements over the iPhone 6 and iPhone 7, so it is hard for me to believe that in one year’s time these new models have any substantive changes. Apple doesn’t seem to understand that smartphones are commodity products now. This isn’t the 2000s when the smartphone was a new product and had room for real substantive improvements.
But despite all that, they think they can keeping conning the consumer by introducing a new iPhone model with minor bullshit non-substantive improvements every 12 to 18 months. It looks like the consumer is getting tired of this.
Outside of the die hard Apple fanatics, who the hell is going to drop $1,000 on a new smartphone every year?
Apple should rethink its business strategy, but since the company is run by Tim Cook a ridiculous homosexual who masturbates in other men’s assholes, it is doubtful that this will happen. This guy’s entire business philosophy has been centered around the belief that they can sell iPhones forever. Apple stopped being a truly innovative company after Steve Jobs died.