5/5/2019 0 Comments A decline in Apple’s value? There has a fall in the value of the sales of the iPhone drastically. Some people say that it is because of the increase in the price of the phones and others call it a decline because of the software and the system used in the recent iPhone is similar to the last models. That is, they have not developed their products much and are moving at a slow pace. According to the fiscal reports of this year in comparison with the reports of the last year, there has been a 5% drop on the total revenue of the company- including a 17% decline in the sales of the iPhones. They say that it is because of the problem in China where large number of sales have declined. In November after the release of the latest iPhone model, Apple even declared that they will not release the unit of sales from now on and the value of the revenue and profit are the only amounts on which people can judge the value of the company. So with the increase in price of the iPhones the revenue of the company will also increase and the sales might fluctuate accordingly which they will not reveal any longer. This increase in price is the strategy by the brand for maximizing their profits and revenues for each of the unit sold. They want to gain the title of a trillion dollar company, but their taste of hardware innovation seems to turn sour. They haven’t got any meaningful update in years on their iPhones and iPads. However, they have been trying to expand their services like the apple music, air pods, apple news and even apple TV+. The future of the company is still unknown, whether, they will be able to hold their value for a long term or not. Is it possible for them to expand their services?
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