What do I think about Apple.
The company was started in 1976 by Steve jobs and Steve wozniak and in the last decade has seen massive growth. Its currently the most valuable company with $2 trillion net worth and more than $200 billion in cash. But the company that big and successful is currently on an average level with customers not so happy with some things in it.
I was watching a video on youtube I don't know the name of the person but his video title was which company will die first and he was talking the reality I though about it and here are my thoughts -
Well first of all I'm not a apple hater and I think most of us here reading this blog are not either but the thing is that everything today in the market is getting cheap whereas apple is getting expensive, I know they make very high quality products and also that its not a cheap thing to do, but think about it. Tesla on the other hand is trying to make affordable electric cars and so far has been pretty successful in doing so, but I do have seen some videos of tesla car owners complaining about the quality but overall the car is good right? So what about apple what if they keep making expensive products? well nothing will happen that's right, nothing. Computer and phone and in sum Tech has a very big market currently and will grow for sure in future. Apple is a king in this field and cannot be overtaken that quickly. Even if it dies it will not happen that quick that will be in a transition sort of. Apple is apple their ability to understand consumer and user experience has made them a very very respected, valuable and giant corporation.
This year everybody was excited for WWDC21, but after that were greatly disappointed when the results came in, the biggest one being about the ipad pro, you know about it and you can find about it but the point is till when this thing will keep going, will we see ipad pro really changing the Macbook or they will keep fiddling with processor and our expectations ?
Talking of current situations I think apple is not sort of booming, they are making products and just doing what a company that big needs to do in order to stay in the track and not get beaten. Apple's biggest competitor is Google's android and they are innovating to get better than them. They are on the same design form 2017 although camera design has been changed but the side we all stare at 98% of the time is same. Now, I have got no problem with it in fact I do like the design of iphone 8 even but consumers complain about that. Thing I personally find bad is that now they are doing some thing which don't suit them, the biggest one being the size of the new, biggest iphone 12 pro max. They did not made big phone and that thing separated them from others but now they are accepting that and getting mixed or being like everyone else. Phones are meant to be smaller and fit in the pocket that's 6.7inches if same thing a little bigger say 3cm had been 10 years ago it would have been called the new ipad maybe hihi.
Now the next question 'So how can they bounce back?' Well I think they've messed some things and are now trying to adapt that as quickly as possible. I heard about their electric car the Apple car whose development is given the name Project Titan. It may come in 2024 or some say between 2025 and 2027. If that goes successful the company will nourish again in a different industry and if it don't goes well than? Well, we should know that apple is making an EV and they have more than $200 billion in cash, its enough to make a powerful and astonishing electric car. In that situation their biggest competitor would be tesla. Tesla CEO Elon Musk said that companies like apple will make an compelling EV, the thing to notice here is 'compelling'. Elon knows that they will do something which may increase their trouble at tesla.
Apple cannot be beaten anyway. The only way to beat apple to revolutionize the entire industry, something which is way different and innovative than the current industry. By doing so apple will get overtaken, but it will not be that quick either. This industry is very vast and to compete in this is for sure a foolishness, so there need to be something that will change the entire industry rather than competing in the existing one.
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Well whats your thoughts?😊😊😊