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Apple’s Stock Drops

Apple’s latest earnings report showed falling revenue for the first time in over a decade.

IPHONWe have told you before …How the company gave a positive spin, saying there’s still room for growth.

But one tech-watcher in our area says the company is beginning to pay a price for insisting on brand loyalty.

The C-E-O of cellular world … Dennis Pascal believes it boils down to Apple trapping consumers by forcing them to buy every little piece needed for the product.

“When you get a product and everything in it, you know, you gotta buy everything you want to use, a cable, get a part and there’s no particular service centers around, so if you are going to be pulling and keeping exclusivity but want to get a grab on everything, you are going to break the product, you are going to have people buying $2 cables, plugging it into an $800 dollar phone and when it breaks, blaming apple, so there is a reason they are doing what they are doing, but at the same time its backfiring as well.” Says Mr. Pascal

With the I-Phone 7 reported to be coming in September… Mr. Pascal thinks consumers will do more research to see if the new products are worth the investment.

About the author

Philipp Richter

Philipp Richter

Philipp Richter was born in Austria and moved to the Cayman Islands at the age of three. Throughout his life, he has always enjoyed documenting his surroundings with cameras. Studying television broadcasting and communications, he now can show the reality of life in Grand Cayman to the public.

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