Sales of Apple’s new iPhone 5C have petered out after the initial rush of customers. Though iPhone 5S broke sales records but having stability issues. They have proven to be a disappointment in the long run.
Beyond the launch of the iPhones 5S and 5C a month ago, things don’t look that rosy for Apple anymore. It looks like the pessimists may have been right all along. The plastic low-cost version known as the 5C has not sold according to expectations. Even the high-end 5S is facing certain troubles. Apple’s defeat is automatically a victory for its rivals, Google and Android.
Despite the fact that the iPhone 5C was meant to be a cheaper version, it is still too high-priced for consumer comfort. And while Apple owns nearly half the market in the US, it is not dominant in China where Google rules. Since the 5C debuted at $550 in the US and at $700 in China it was automatically out of the range of most consumers in the target audience bracket.
As far as the iPhone 5S is concerned, it faces different issues. Its stability is in question. This particular iPhone is liable to crash any time. Its 64-bit processor ensures that. And there have been previous incidences of Apple making blunders in case of its iPhones. The high prices also make Samsung and Google the beneficiaries since they charge much less for their products than Apple.
So the legitimate question would be: who wants to invest their money in Apple. The decided answer would be: no one. Because of the risk and the disappointing results as far as the latest iPhones are concerned, no person in his right mind would want to gamble his or her fortune for the sake of Apple.
Source: The Motley Fool