Apple Inc. (AAPL) Business Model Is Beginning To Come Apart: SSR

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HFA Staff
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There seems to be a prevalent feeling that something is amiss at Apple Inc. (NASDAQ:AAPL). The stock price has fallen almost 40 percent since its September high of $700, recent product introductions have represented only marginal improvements on existing models, and competition from companies like Samsung is heating up. Many are pointing to the passing of innovation powerhouse Steve Jobs as the main reason for the company’s struggles. Apple Inc. (NASDAQ:AAPL)’s sales of older, less expensive iPhones climbed in its latest quarter, highlighting the challenges facing the world’s most valuable technology company as it tries to reverse a recent decline in…

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