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iPhone and iPad sales slow

January 24, 2013

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The time has finally come… Apple just announced that growth is coming to a screeching slow down as iPhone sales have plateaued and the company is without any new, innovative products in the pipeline which has sent Apple shares spiraling downward, losing 10% of its value and wiping out a years worth of gains. Unless this ship rights itself soon, Tim Cook might find himself out a job with Apple.

Apple is going to need to start exploring their options, whether it’s lowering their price point so that they can get their products into emerging markets, coming up with new products, radically innovating their current products or focusing on new geographic locations. The point is, something is going to need to be done if they want to continue with their growth. It’ll be interesting to watch what the next few months will bring for the company… I for one will be keeping my eye out to see what type of opportunities it can bring.

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