Why Apple is still losing momentum: GarnryPeter Garnry
iPhone sales are saturating fast. The company’s business in China is deteriorating fast. Revenue is down 33% in the latest quarterly figures.
Apple smartphones are encountering significant competition from Chinese hardware and software manufacturers at a lower price point.
Revenues from the Beats music subscription service and the Apple Watch are down 10% compared to last year. As a result, Garnry doesn’t expect Apple share prices to be fantastic over the next year.