Apple Inc. (AAPL) in the (i)Cloud, but Can It Face Reality?

Page 1 of 2

Apple Inc. (NASDAQ:AAPL) has been taking a pounding on the market Thursday in the wake of its earnings conference call, which provided disappointing guidance for the March quarter – which basically has overshadowed the gaudy revenue and profit numbers, which were among the largest quarterly numbers recorded by any company in recorded revenue-and-profit history.

And while there seems to be a new reality in the consumer marketplace, Apple CEO Tim Cook mentoned his company was in the Cloud several times.

Of course, we mean the iCloud, but still …

One tech reporter noted during the conference call how Cook referred to the Apple Inc. (NASDAQ:AAPL) iCloud service several times, apparently proud  of the explosive growth of the service in just one year. Though signing up for a free iCloud account is part of the setup process for every new iDevice, the number is noteworthy – after reporting 85 million iCloud accounts in January 2012, Cook mentioned several times that the service has passed 250 million users – a nearly 300-percent jump in accounts. In relations to that increased demand and usage, Cook went on to say that the company was looking to place major capital expenditures in data centers to accommodate the great infusion of iCloud data.

Apple Inc. (AAPL), Amazon.com Inc. (AMZN), Barnes & Noble Inc. (BKS)While Tim Cook was in the Cloud, there are analysts and investors who are skeptical that Apple Inc. (NASDAQ:AAPL) may be struggling to know the new reality in the smartphone and tablet markets – that for consumers, it’s more about price point than having state-of-the-art, innovative devices. Apple has made a culture with its high-priced, high-quality devices, but with the smartphone and tablet markets becoming heavily populated with more lower-priced, fewer-feature phones that are very popular for other companies, it is possible that unless Apple adjusts its model or develops a new wave of innovation, the days of double-figure growth at Apple may be over.

How might Apple address this reality?

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Most Influential Papers In Economics

Top 8 Biggest Charities in the US

10 Worst Celebrity Career Moves Ever

Top 10 Best Paid Tennis Stars in the World

10 Cities with High Demand for Nurses

6 of the Worst Greeting Card Messages Ever Crafted

6 Ways to Make Money in ArcheAge and Build Your Empire

10 Foods To Eat To Lower Cholesterol Levels

The 10 Most Hated Television Characters of All Time

The 30 Worst Halloween Costume Ideas Ever Brought to Horrible Life

10 Vocational Skills in Demand Today with Jobs Waiting to be Filled

10 Best Places to Visit in Central and South America

The 10 Greatest Empires in History Which Nearly Conquered the World

The 6 Cheapest Boarding Schools In America 2015

5 Clear Reasons LoL is Better than DotA, Continues to Rule MOBAs

The Only 9 Teams with a Chance to Win the Super Bowl

The 15 Most Common Phobias in America that Induce Fits of Panic

Top 6 Least Expensive Tourist Destinations in 2014

Jim Goetz, Peter Fenton, Jim Breyer: Top 6 Venture Investors for 2014

Top 15 Billionaires in 2014

5 Pitfalls To Avoid When Buying a Franchise

Top 20 Medical Schools in the US – 2014 Rankings

4 Business Strategies that Turned Jamie Oliver into the World’s Richest Chef

6 Qualities That Make You A Good Team Player

10 High Paying Seasonal Jobs in America this Holiday Season

The 10 Busiest Shipping Lanes in the World

5 Most Valuable Brands in China

The 10 States with Highest Substance Abuse Rates Crippling Their Populace

The Top 10 Things to Do Before You Die That Will Echo for Eternity

The 10 Best Selling Items on Etsy

Top 10 Things to Do in Tokyo, the Greatest City in the World

10 Mistakes on Social Media that Can Harm You and Will Probably Get You Canned

The 10 Best Cities to Find Jobs in 2014

The 10 Most Controversial Songs Of All Time to Hit (and get Banned from) the Airwaves

The 20 Biggest IPOs in US History

The 10 Best Places to Visit in Mexico that Are Beautiful and Safe

7 Bad Habits that Age You Beyond Your Years

The 40 Best Fortune Cookie Sayings That Will Leave You Bemused, Befuddled, or Beguiled

10 Foods to Eat Before a Workout to Make Every Drop of Sweat Count

The 5 Best Documentaries On Netflix You Must See

The Most Heartwarming and Inspirational Story Of This Halloween Season, It Will Make You Cry and Jump For Joy

10 Best Party Songs of All Time to Bring the House Down With

5 New World Order Conspiracy Theories that Will Strangle the World

The 10 Highest Rated Movies of 2014

The 10 Largest Container Shipping Companies in the World

The 10 Largest Armies in the World: Who Should We Be Afraid Of?

Best Warren Buffett Quotes on Money You Need to Hear

The 10 Highest Suicide Rates by Profession

The 20 Most Underrated Movies of All Time

The 10 Fastest Growing Companies in America

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!