Alphabet recently became the largest company based on its market capitalization, squeezing out Apple for the number one spot of all-time successful companies. Perhaps the reason is that sales of the Apple iPhone disappointed analysts and stock pickers alike. Apple shipped only 74 million iPhones in the last quarter of 2015, causing the stock price of AAPL to reach a new low of $94 on February 4, 2016. This slide of nearly 28% from its peak suggests the roller coaster is running all the way down hill for Apple. Is the iPhone’s decade-long run coming to the end of its marathon? Is the end near for Apple Inc., itself? Continue reading Is the End Near for the Apple iPhone?
