From Digital Life | June 23, 2013
The low stock price of Apple reflects its status of competitiveness in the market. Its price used to be at $700 last September making Apple shares to be most valued in the world; however its stock price hovers at about $400 per.
Why is this so? Nothing much has happened in terms of innovation to improve the product.
Before, Apple, as the challenger redefined the cellphone market, wresting the lead from Blackberry. But now Google Android is wresting lead from Apple. Apple is now unashamedly copying features from other smartphones. A complete redesign is not forthcoming.
It must work hard to stay competitive. Read more >>>>>
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