Has Apple Really Peaked?
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
Today, John and David are talking about an article they read recently by Joe Nocera of The New York Times titled, "Has Apple Peaked?" Nocera notes how Apple's maps for its new iPhone 5 are not as good as Google maps (which it used previously). He feels that Apple without Jobs is now just a big company trying to protect its position. He even hints that could have a future like Research In Motion. John and David appreciate Nocera's concern. It's only natural that Apple would protect its leadership position, and it's true that it's likely to face more and more competition from scrappy upstarts in the future. That said, Apple's position is still remarkably dominant, and it's been able to continue to grow in an expanding market for devices. To paraphrase Mark Twain, Nocera's concerns about Apple's decline are greatly exaggerated.
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The article Has Apple Really Peaked? originally appeared on Fool.com.
David Meier owns shares of Apple. John Reeves owns shares of Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Motley Fool newsletter services recommend Apple and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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