Friday, August 17, 2012

Apple – losing its mojo?

I had a gathering with my MBA coursemates two weeks ago. There were seven of us. Aside from one who still used an old Nokia cellphone with physical keyboard, there rest all had Samsung. No a single one of us had an iPhone…

Just two years ago, iPhone was the must-have item among gadget lovers. Today, it is being challenged by the Android phones in general, and Samsung Galaxy in particular. Last quarter (Q3 FY12), Apple sold 26 million iPhones, a significant drop from the 35.1 million in the previous quarter. While Tim Cook, CEO of Apple, attributed the dismal sales to consumers holding out for the next-generation iPhone, I suspect there were other factors at play.

Of course, iPad still dominate the tablet market, and Apple will soon strike back with iPhone 5 (the new iPhone?). Let’s see if the Fruit Empire will be able to regain its past glory.