Heads up: Top comment and controversy

Apple's stock price: It can go down, too?

The Daily Beast

By now the trajectory of any story about stock in tech giant Apple should be familiar. It goes up; soars; jumps. You buy an iPhone and Steve Jobs' replacement periodically presents a smaller, svelter iSomething that makes you want another one - and the stock rockets again. At least, this was the case, but now the rhythm might be changing. Apple's stock price took another hit on Monday - and Matt Zeitlin over at the Daily Beast has fascinating insight on the company's "continuing decline". 

Since late October stock price has dropped 18 per cent, equivalent to a loss of $100 billion. It dropped another 3.6 per cent Monday as the Wall Street Journal reported Apple had to cut orders for iPhone 5 components in the face of declining demand.

Worse news, Apple's competitors might have finally figured out how to eat into its market. The company's share of the tablet market has dropped from two thirds to half. Phones on Android operating systems make up 75 per cent of new sales. According to Zeitlin, the problem comes down to this: "Apple is in the unfamiliar situation of having to adjust to an evolving market — rather than simply creating the market and watching its competitors stumble as they rush to keep up".

That's something to think on as the Silicon Valley firm waits for the 2015 completion of its bizarre "donut" headquarters. Presuming Apple's still around by then, that is.

SOURCE

React Now

Read Next
Pupils arrive at school with their parents at the start of a new school year  

School-run parents: be careful – very careful – what you wish for

Grace Dent
A blackbird gets to grips with a pyracantha bush  

Nature Studies: Summer didn’t end today, it’s been over for a fortnight

Michael McCarthy
Orthorexia nervosa: How becoming obsessed with healthy eating can lead to malnutrition

Orthorexia nervosa

How becoming obsessed with healthy eating can lead to malnutrition
Lady Chatterley is not obscene, says TV director

Lady Chatterley’s Lover

Director Jed Mercurio on why DH Lawrence's novel 'is not an obscene story'
Farmers in tropical forests are training ants to kill off bigger pests

Set a pest to catch a pest

Farmers in tropical forests are training ants to kill off bigger pests
Mexico: A culture that celebrates darkness as an essential part of life

The dark side of Mexico

A culture that celebrates darkness as an essential part of life
Being sexually assaulted was not your fault, Chrissie Hynde. Don't tell other victims it was theirs

Being sexually assaulted was not your fault, Chrissie Hynde

Please don't tell other victims it was theirs
A nap a day could save your life - and here's why

A nap a day could save your life

A midday nap is 'associated with reduced blood pressure'
If men are so obsessed by sex, why do they clam up when confronted with the grisly realities?

If men are so obsessed by sex...

...why do they clam up when confronted with the grisly realities?
The comedy titans of Avalon on their attempt to save BBC3

Jon Thoday and Richard Allen-Turner

The comedy titans of Avalon on their attempt to save BBC3
The bathing machine is back... but with a difference

Rolling in the deep

The bathing machine is back but with a difference
Part-privatised tests, new age limits, driverless cars: Tories plot motoring revolution

Conservatives plot a motoring revolution

Draft report reveals biggest reform to regulations since driving test introduced in 1935
The Silk Roads that trace civilisation: Long before the West rose to power, Asian pathways were connecting peoples and places

The Silk Roads that trace civilisation

Long before the West rose to power, Asian pathways were connecting peoples and places
House of Lords: Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled

The honours that shame Britain

Outcry as donors, fixers and MPs caught up in expenses scandal are ennobled
When it comes to street harassment, we need to talk about race

'When it comes to street harassment, we need to talk about race'

Why are black men living the stereotypes and why are we letting them get away with it?
International Tap Festival: Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic

International Tap Festival comes to the UK

Forget Fred Astaire and Ginger Rogers - this dancing is improvised, spontaneous and rhythmic
War with Isis: Is Turkey's buffer zone in Syria a matter of self-defence – or just anti-Kurd?

Turkey's buffer zone in Syria: self-defence – or just anti-Kurd?

Ankara accused of exacerbating racial division by allowing Turkmen minority to cross the border