Tuesday, January 26, 2016

Notations From the Grid: On #Apple Right Now

Apple has reported earnings and iPhone Sales are flat--as it has been the forecast.   It has still posted record revenue and profits--but the future viability remains.    As it was noted, Apple is so big that it is the "new GM".    The saying used to be, as GM goes so goes America.  As Apple now is 7% of the S & P 500,  it underscores the simple fact that as #Apple goes, so goes the World.     Suppliers have already reported cutbacks in orders and layoffs have been occurring throughout China.   There is also what Apple calls "Other Products"--which has had record revenues.  

How far the World has come since this iconic Picture in 2007: 

Steve Jobs first iPhone

All is not doom and gloom though.  As we went to press, we just received this from Social Times as, "...App store optimization company Sensor Tower has released it Q4 2015 Data Digest, analyzing app downloads, revenue and monetization on Apple’s App Store. According to the report, Q4 2015 was the biggest quarter ever for the App Store..... ..." with over 5.5 Billion App Downloads and the update is available by clicking on Read more »

No comments: