Investment Guru Paul Mampilly says Apple lack “innovative edge”
The stock markets in the United States is likely to experience a unique thing this year. After so many years, the stock value of Apple Company is likely to fall. This is a prediction that has been made by one of the best analysts in the country Paul Mampilly. He has given his opinion in a recent article citing reasons why 2018 will be a bad year for this company. According to Paul, this company has reached its maximum potential and can only go down at the moment. There is no hope that it will move up anymore. Unless it makes unprecedented changes, it is destined to go down. Why is this so?
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— Paul Mampilly (@Paul_M_Guru) November 9, 2017
Apple will decline because it is no longer innovative as it used to be and it no longer releases products that are unique and ones who will bring a revolution as it used to. In the last decade, Apple made innovations that were world’s first. The introduction of the iPod, iPhone and the iPad had not be experienced before. They were unique innovations which drove the company sales up. This would translate to the huge growth of the company. This is no longer the case; the company no longer releases these products. Since the death of its founder Steve Jobs, the company has been struggling to bring in new products. This means that over time, customers of the company’s products will likely get tired of the same products and will look for alternatives.
Apple has been losing touch in almost all areas. Although many people might be optimistic about the company after Warren Buffet pumped $20 billion into the company for marketing purposes, there is no hope that it will save the company from eminent fall it is facing. Paul Mampilly also quotes the company as one that is losing touch with its customers. Take for instance the allegations about the update that is slowing the company’s devices. Such news at this time will only add salt to the wound.
The company is already suffering, and any bad news about it will only make the situation worse. Apple is already being accused of forcing clients to purchase the new devices after the older devices become slow. Such a move will force customers to stay away from the company’s products, a factor that will likely affect its sales and the market value will fall.
About Paul Mampilly
Paul Mampilly has worked with big financial institutions. He has been a hedge fund manager. His reputation in the Wall Street is huge. He won the 2009 Templeton Foundation awards after trading $50 million to $88 million during the global economic depression.
About Paul Mampilly: www.talkmarkets.com/contributor/Paul-Mampilly/