And Apple is still the most valuable company in the world.
Apple may currently be the most valuable company in the world, but it's also lost & worth 200 billion dollars less in market share in 2016. Furthermore, Samsung is the KING of all smartphone companies while Apple's iPhone models continue to lose overall sales & profit growth.
iPhone 7 apparently isn’t good enough to return Apple to sales growth
By Zach Epstein on Oct 6, 2016 at 4:52 PM
BUSINESS
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Apple’s iPhone 7 and iPhone 7 Plus might have been labeled “boring” by some gadget blogs ahead of their release, but these boring new phones are already the hottest-selling smartphones of the season. Try as they might, Apple and its manufacturing partners still haven’t found a way to build the iPhone 7 or iPhone 7 Plus quickly enough to meet demand, especially where popular colors and sizes are concerned. In fact, it’s still beyond difficult to find an iPhone 7 Plus in an Apple store in any color.
Unfortunately, worldwide shortages might have more to do with supply than they do with demand, if a new projection from one of the world’s leading technology research firms ends up being accurate.
When it comes to sales predictions five or ten years down the road, Gartner is typically just as bad as any other market research firm that covers tech. In the near term, however, the company has issued some estimates in the recent past that have at least been close to representing reality. This might not be very good news for Apple investors, unfortunately, because the firm just shared a somewhat grim projection for Apple’s holiday quarter, and for the smartphone market as a whole this year.
In a report issued on Thursday by Gartner, the firm said it believes growth in the global smartphone market will slow to just 4.5% in 2016. The cooling is due largely to the firm’s belief that premium smartphone sales will decline 1.1% for the full year.
Where Apple is concerned, Gartner believes total global iPhone sales will continue to decline in the third and fourth calendar quarters of 2016. “Despite the availability of the iPhone 7, Gartner expects a weaker year-over-year volume performance from Apple in 2016, as volumes stabilize after a very strong 2015,” the firm said in its report.
iPhone 7 apparently isn’t good enough to return Apple to sales growth
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And the iPhone is still the highest selling flagship smartphone in the world.
If people are willing to pay top dollar for a technologically outdated, sub-par smartphone & OS, then so be it!
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And iPhones are allowed on planes too![]()
Yet, even with this handicap, Apple still won't sell more smartphones than Samsung this year!
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