Business
Apple, a Service Company? Here Are Companies Apple Should Invest in to Achieve This Goal Better
By ValueChampion  •  January 31, 2019
One of the phrases that Apple's executives repeat regularly is that they are focused on "making the world's best products and enriching people's lives." However, its latest quarterly earnings seems to be signaling that this business model of creating great products might be reaching its ceiling. Of course, China's slowdown surely seems significant enough to have impacted Apple's sales. But, Tim Cook also alluded to the fact that consumers are beginning to upgrade their smartphones more slowly. If this sounds familiar, it's exactly what happened to PCs and TVs: as product innovations become less significant, consumers don't feel compelled to upgrade their devices so often. Given this backdrop, it's not surprising that Apple is shifting its rhetoric and even company disclosures to emphasize its service business. Companies generally want to show numbers that will help them look good (i.e. Amazon's disclosures around AWS sent its stock flying...
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By ValueChampion
We distill sprawling marketplaces—for insurance, credit cards, bank accounts, and more—down to choices that represent a sweet spot for value—as in offering the features, returns, or experience we think you need for the smallest outlay. We ask: Is the return on a particular purchase or decision worth the cost or risk of that option, and how does the choice stack up against other options?
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