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Apple recently released its latest quarterly financial results, and whereas the makers of BlackBerry, namely RIM, have seen their share price go down 50% this year, Apple’s share price continues to surge and currently sitting at $395,00. I am not a share advisor, but I cannot see this share not touching $500,00 at least, in the next 12 months and the only threat to Apple’s dominance at the moment is when another company comes up with products that can compete with the iPhone and the iPad.
The reality is that at the moment there are none, and while some of the other companies compete on price, effectively tossing in free e-mails, etc, in order to sell their phones, the iPhone and the iPad both have room to grow, are both selling out all the stock that they have and really have not moved into the developing nations as much as they could have and undoubtedly will. The real test is going to be whether or not Samsung for example, will bring out an android product Smart phone that is more intuitive and has more features than the iPhone. The other thing to consider is that Apple hooks people in via iTunes and with their applications and a lot of people are not going to want to change from an iPhone at a later stage, unless the competing company has as many, if not at least the same, applications. Apple not only has the best product at the moment, but they are getting everybody used to certain applications, most of which are not made by the developers for other phones and as long as that continues, people will feel the need to upgrade their iPhone to the latest iPhone, as opposed to a competing product. It all spells very good news for Apple for at least the next two years.
Posted by Michael de Broglio on Friday 05-Aug-11
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Comments
Danz said:
on Monday 08-Aug-11 02:53 PM
Take my hat off to Apple, but I have had an Iphone and yes it does have many applications and features that say a blackberry doesnt, how ever I was unable to send or receive files via bluetooth. I then got a blackberry curve, which was stolen and then got a blackberry bold which I love and wouldnt trade it in for any other phone. At the end of the day a phone is a phone as long as it can make calls and you can send sms's - COOL :)
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!