Apple Share Price: From a consumer point of view, people are interested in one thing from Apple Inc. (NASDAQ:AAPL). Whether it is a next generation iPad or iPhone, or something brand new, such as an iWatch or Apple TV, people want something to get excited about.
Right now, unfortunately, Apple Inc. (NASDAQ:AAPL) is not giving people what they want. Day after day passes, with people wondering what is next, and Cupertino gives them nothing.
Of course, this is not necessarily a bad thing. Instead, it means that Apple is sticking to its product cycle as well as its history of not releasing a product until it is exactly how they want it to be.
Michael Hewson, senior market analyst at CMC Markets U.K., recently sat down with Mark Barton and Anna Edwards for a Bloomberg segment to discuss the hold up.
Here is what Hewson had to say when asked about the changing mindset that the market seems to have concerning Apple Inc. (NASDAQ:AAPL):
“There are a number of factors, that obviously I think, behind the decline of Apple share price. Not withstanding the very botched launch of Apple Maps in September or October of last year. Another iPad so soon after the March launch. I bought an iPad in October, just before they upgraded it, so I was not…”
At that point, the host chimed in and asked if he was angry about this. With a smile, Hewson replied, “a little bit, a little bit.”
Nobody would have faulted Hewson for being more honest, as this was something that angered a lot of people.
He went on to add about Apple Inc. (NASDAQ:AAPL):
“It also give the impression that Apple does not care about its customers and saw them as bit of a cash cow. And I think since then, Tim Cook has really been fighting fires. You know, basically trying to manage a lot of bad publicity surrounding Apple. And I think there is also widespread concern about their product cycle. Is there going to be an Apple TV? Is it going to be an Apple watch?”
Hewson did a good job talking about what many others have been concerned with for quite some time. This includes the fact that people are simply waiting for Apple Inc. (NASDAQ:AAPL) to break through with its next big thing.
Nobody knows if it will be a TV or a watch, or maybe even something else. What we do know, Hewson included, is that Apple needs to do something to get people excited again.
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