iPhone and It's Increasing Cost of Ownership
May 12, 2017
Mario F. (A.) Stevenson
Recalling I openly declared pricing Apple iPhone would increase beyond average consumer-based spending. Since the first iPhone prices had dramatically increased, to now an expected $1000 for iPhone 8. Instead of innovation Apple Corp is practicing pricing-out its original consumer base concentrating on consumers with larger incomes. Oddly enough tables have turned leaving its original consumer base withering for death. Of course, there are those willing to put-out $1000 for iPhone 8 knowing it's unaffordable, but eventually time will have its toll.
Apple Corp has clearly drawn a line in the sand, as the corporation continues prospering with support from Wall Street and Goldman Sachs. Consumers believing they can afford iPhone 8 without having an income greater than average are definitely fooling themselves in attempt to fool others. Apple Corp hasn't really done anything for investors, bloat the stock, to the point where it's unsellable. Many people would like to see real performance, but I did call out with releasing Apple Watch, the company will perform as a large bank.
Mario F. (A.) Stevenson is a Health Services Management & Public Health Consultant, Policy Advocate & Minister and Founder on LinkedIn at https://www.linkedin.com/in/mario-f-a-stevenson-0711b3109/
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Source
Goldman Sachs: iPhone 8 will cost $1,000. News360, 2017.
Last accessed on May 12, 2017 from URLREF http://bit.ly/2pGfxpL