Gadgetory

you probably saw the quote going around this week it's from Peter Thiel one of the cofounders of PayPal and it is the age of Apple is over I've got circulated by the New York Times in fact to move the market specifically Apple in the downward trend and I've been pretty negative towards Apple and I think we rightfully so especially the past year but I do think the age of Apple is far from over many people don't have the full picture of Apple and so look at the company as a Mac only business that also makes phones and that's not the case their business model has evolved incredibly since then a huge revenue driver for Apple in fact two bleep about 10 to 12 percent of total revenue for calendar year 2016 didn't come from any physical product it came from the App Store it generated eight point eight billion dollars in revenue which in fact is almost a 50% increase from 2015 were generated six billion dollars in revenue it's easy to look at Apple and say well they're not shipping a lot of Max and Max sales are down and Apple is going to be doing that's the stance that a lot of journalists tend to take and PC sales as a whole or down but in fact Apple sales are actually up from the previous year and I've been bucking the trend of downward sales for overall computers in the fourth quarter of 2016 Apple actually shipped 5.4 million Mac's worldwide which is up from 5.3 million in the year ago quarter for a growth of about 2.4 percent but Apple is not making money from mac easy to find the down ticks and say this is where the problem is Apple's really making money from two places software and their iPhone business the iPhone used to stand head and shoulders above the competition that is no longer the case whether you love apple or Hatem android has caught up to depending on what stance you take at least feature parity and in a lot of cases far above what Apple is doing but their model is evolving App Store purchases again huge for Apple we're gonna have new category that was supposedly going to be entering as we head into 2017 and 2018 Apple's made history of evolving their business other that they evolved into autonomous cars whether or not they leave businesses behind you can't look at PC sales even iPad now both of which are down as a sign of the doom and gloom at Apple I think where you can say the age of Apple is over is going to be in about two to three years if you see if things like smartwatches have evolved as Apple moved into new categories if we don't see new categories from Apple in the next 48 months I could say the argument that Peter Thiel made perhaps had a lot of foresight behind it but right now I still have faith that Apple is going into new categories it's very clear it's not the same Apple it was when Steve Jobs was there I know that's a cliche thing to say but it seems to be very apparent I think we're going to see changes in the iPhone and if we don't see change in the iPhone then there's another way at the age of Apple perhaps is over there as it exists right now Apple's model has changed and not taking that into account I don't think it's fair so they can boils down to this the age of Apple isn't over they've got a few years to prove that it's not do you guys agree with anything I'm saying here certainly Apple as it existed if you judge it based on innovation they've stagnated they're not where they're at I think it's easy to look at things now and say that's it stick a fork in them Apple is going to be an iPhone company and a software company and they're going to have a huge valuation a company's going to be fine but they're not gonna be what they once were or if you take perhaps we're optimistic approach and say I believe Apple sells a lot of innovation left in them they're going to evolve the platform it evolved what Apple can do what Apple is known for to do categories not in right now and that's a camp that I'm in just like being very critical I think rightfully so of Apple the past few years but there's obviously a topic a lot of people have a lot of passion about so take out your feelings on your phone whenever that might be and look at Apple just as a business do you feel that the market moving quote from Peter Thiel was correct I really wanna have a conversation about it we can keep it civil that's always ideal even the comments down below and let's talk to that I'll be replying to these for as long as I can let me know you guys think I'm John Redinger from TechnoBuffalo guys