Apparently, Apples 51 quarter winning streak of delivering uninterrupted sales growth is over.
The end is nigh.
Sell sell sell and reconsider your position.
At least that’s what this article and a few other analyst reports would have us believe.
Apple investors are seeking answers on whether lackluster sales of the device, the company’s biggest revenue generator, reflect a broader slowdown in the market for high-end smartphones – or just the pause before the next upgrade frenzy.
Sure they are. Because you know what, this is the fundamental problem with modern capitalism.
It begets itself.
Greed, ladies and gents. Alive and well, and apparently as a race obsessed with the pursuit of limitless profits, we are positively miserable when they don’t rise to infinity and beyond (high Buzz Lightyear !).
Apple has defined the post PC era (don’t argue, the numbers, as a friend recently reminded me, don’t lie, so look at those declining PC and Laptop sales and make peace with it).
They’ve also given us the Smartphone, the modern tablet, digital music and the whole app revolution.
Let them be. And the myriad of others like them.
Let them be …. Themselves ? Innovating at their own pace. Trying new things. Daring to be different.
Apple isn’t going anywhere. Neither are their stratospheric profits and dividends.
What should go somewhere though is greed.
Focus on sustainability and how, through redefining modern capitalism we can learn there are many more important things the evolution of the modern corporation can bring us.