Jouko Marttila 23/04/2012 Sijoittaminen

Three Reasons Why Apple is Overvalued

Some analysts say Apple’s stock is worth a 1 000 dollars. I doubt it. Here are three reasons why Apple’s victory march will be halted.

Steve Jobs is Dead
Jobs was a god and a role model not only for the staff of Apple but also for the customers. The future creativity of the company is in doubt.

Profit Margins Are Shrinking
You might not see it in the numbers yet, but competition in the smartphone market is fierce. So fierce that Nokia has practically given phones for free. Samsung, HTC, ZTE and other companies are marching in with lower prices. You must be a fool to believe that iPhone could survive the squeeze without any damage in China, India, and other emerging markets. iPad will be shaken by the same storm.

iPhone is Tehnically Inferior
iPhone used to be the n:o 1 User Friendly Phone but now it´s in the class of “also ran”. iPhone has suffered many technical issues such as poor radio technology. It is the only phone that has to be put in diapers or wear a condom over it in order to get a good reception. American analysts and customers are just plain mad to accept this from the most admired and valued company. Why should anybody pay more to get less?

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1

Aaro Suonio on 23/04/2012 at 13:50
Vastaus

Mr Marttila is clearly on the offensive here, being disappointed about the misfortunes of Nokia share prices. Might I recommend for him to use an Iphone for a while. Some empiric statements might add to the value of his assessment – unless it was done tongue-in-cheek to spark a response simply for the sake of ruffling the feathers of Apple lovers worldwide, whose love is mostly not some nationalist sentimental nonsense, like with Nokia fans. Iphone users love comes from a well-tested positive experience.
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  Jouko Marttila on 23/04/2012 at 13:55
  Vastaus
  
  I am using iPhone and experiencing all the reception problems mentioned in the text. iPhone user experience was unique five years ago but not so today. I’m dissapointed with Nokia´s performance but Lumia 900 comes already very close to iPhone´s and other smartphones´ user experience – and the hardware is clearly better. Let´s wait for the Windows Phone 8 version – and hope it won´t be too late for Nokia.
  - 3
    
    Aaro Suonio on 23/04/2012 at 14:26
    
    ’already very close’ is not good enough for Nokia, unfortunately for them. Is it true that the battery life is a bit of an issue with the new Nokias? If so, I would be very concerned. Apart from the very minimum of being on a par with Iphone, Nokia’s flagship will need to have superior build quality and better battery life than the Iphone. Besides, Iphone will probably set the standard with a new phone as soon as Nokia gets their best Lumia out and there you will have Nokia playing catch-up again.
  - 4
    
    Jouko Marttila on 23/04/2012 at 14:33
    
    I haven’t tested the Lumia 900 battery life, but it´s an issue with all the smartphones. iPhone 5 must exceed expectations if it wants to retain its role as a standard setter. It´ll be difficult, not because of Nokia, but other players such as Samsung which controls the production of some high-end displays and chips used in new smartphones.
  - 5
    
    zornac on 23/04/2012 at 17:43
    
    If I recall correctly, it was Jobs himself who said some time ago how Apple’s focus is not to make perfect devices, it is making contents that is accessible by Apple’s products. And truly there is wisdom in that. I’m hardly interested how many pixels my phones camera has, or what hardware it holds. But what is important is what I can do with my device, what services I can use. And of course the device has to be enjoyable to use.
    
    Apple it’s service delivery platform working with wide variety of content for their customers. Nokia is still trying to bring services to their platform. And Microsoft is counting that other companies would bring content for Mobile Windows. I feel that MS and Nokia cannot compete with their current service and platform portfolio to Apple’s offerings. It’s not just about using iPhone, it’s about using all Apple’s products. This is why I believe that Nokia will have to start competing also against iPads and iTVs in future. Untill they start to do so, I believe that Nokia+Microsoft cannot compete against the Apple’s better content delivery platform. The hardware and operation system combination is just not enough, it’s not anymore the focus of the mobile business.
  - 6
    
    Jouko Marttila on 23/04/2012 at 18:04
    
    Yes, you are correct with the emphasis on content delivery, but Android can achive the same goal. It’s obviously more of a threath to Apple than Nokia.
7

JH on 02/06/2012 at 21:59
Vastaus

nyt menee tässä englanninkielisessä (tarkoituksella) näkemyksessä tai paremmin sen kommentoinnissa jutut mottipäiseksi.

Totuus on se että apple ei tämän maan kansantaloudelle tuo kuin arvonlisäveron verran, ja se jolle se muka riittää , on pik-ka-sen eksyksissä.

Oltaisiin edes ylpeitä että meillä on tällainen Nokia, mutta ei, kateus vie kalatkin vedestä.

Mitä tulee applen arvostukseen, aika korjaa tuon, siihen asti pidetään oma pesä puhtaana eikä olla heti vääntämässä sinne jöötiä niinkuin mr. Suonio.