Every week the company finds itself embroiled in another scandal of seemingly disastrous proportions. No other technology company experiences the same level of public embarrassment on an ongoing basis. Is it any wonder that Apple is up to its ears in debt while putting out public fires?
Bad Luck? Or, Just Desserts?
How can anyone say that Apple is a well-run company with all the problems that continue to surface in every product?
Working backwards, astute analysts such as myself can find a plethora of issues that are working in concert to diminish Apple’s over hyped reputation.
Remember iOS 8? It was plagued with plagues of problems, so many that Apple issued iOS 8.0.1 within days. That version, too, contained even more problems for users, including loss of cellphone service, that downloads were stopped by Apple within hours.
Wait. There’s more.
Apple’s highly anticipated iPhone models bend. That’s right. They actually bend. Like what would happen to a Pop Tart or a piece of toast after you stuck it in your pocket. Put the new iPhone in a tight jeans pocket and it might come out somewhat v-shaped, with a crinkle in the phone’s body. Is it any wonder that Apple sells so many iPhone cases?
Those highly publicized and documented problems in Apple’s product design and quality control methodology overshadow even more headaches that happen to the vast majority of iPhone and iPad users, but are seldom reported.
Both devices have more disease bearing bacteria and a thick layer of fingerprints than any other competing smartphone and tablet. That disease catching screen is a direct result of the iPhone and iPad being used more by customers than other devices (which often remain stored in original boxes in closets); a scenario not anticipated by Apple’s competitors, and an issue not covered by mainstream media. You heard it here first, folks.
Faulty products are not the company’s only public problem. Apple’s stock price has been so anemic (still under record levels as of today) the company was forced to buy back stock at lower prices. Poor accounting regulations in countries where Apple does business has forced the iPhone maker to borrow money to finance a portion of the stock buy backs. How crazy is that?
Adding more to Apple’s woes are the problems with the iPhone 6 production line. The company could barely ship 10-million new iPhones the first weekend, missing customer demand completely, and that lapse resulted in a huge gray market opportunity whereby some customers stood in line at Apple Stores, bought new iPhones, then resold them at a profit.
What a shameful situation.
As if all those issues were not enough to declare Apple an official disaster area, the very first iPhone sold in 2014, to a young man in Perth, Australia, was so slippery and light that it dropped from the box to the concrete below, a disaster of epic proportions that was witnessed by almost 5-million people worldwide.
Apple Inc., once the company hated by technology critics and the home of hundreds of millions of customers, has become a magnet for one disaster after another. That includes the much maligned Apple Watch, a highly criticized product whose launch has been delayed to an undetermined time period in 2015.
Can Apple not catch a break in today’s competitive climate? One bit of good news comes from long time Apple watcher and prognosticator, Piper Jaffray’s Gene Munster who, after years of predicting the company would launch a television ‘next year‘ now says an Apple television is ‘quite possible in 2016,’ completely skipping over 2015.
See? There is hope that Apple’s string of disasters will come to an end. The year after next.