If youre an Apple follower, youll have seen the company just released its Q1 2020 financials.
This time last year, iPhone sales were slowing,and it had to chop revenue predictions.
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Basically, the company has some big decisions to make following its Q1 2020 financials.
How Apple has maneuvered around challenge so far is shown by these Q1 2020 financials: Add-ons.
The unit at the center of Apples ecosystem is slowing.
Effectively, this means that if Apple wants to continue its growth, something needs to change.
So what should Apple do after these Q1 2020 financials?
In the aforementioned Bloomberg article, Culpan has a simple idea: Apple should unshackle its wearables.
Culpan compares this to the approach Apple took with iPod.
Ive got to say, I like this response to Apples Q1 2020 financials.
Its clever, balanced, and nuanced but, despite all that, I dont think its right.
First, the iPod comparison.
The iPods function and user experience stayed the same, no matter how you put music on it.
This will not be the case for AirPods or the Apple Watch on Android.
Part of their uniqueness and attraction is their integration to other Apple devices.
Plus, this move would definitely discourage people from wholeheartedly entering with Apples product ecosystem.
On top of this, the exclusivity that Apple relies on to sells products would slip.
This change could lead to one of the companys key attributed its prestige plummeting.
So whats the solution?
Well, ignoring the need for constant growth that our stock market-obsessed overlords demand would be one.
But, anyway, thats a different argument for a different day.
And the easiest way to do this?
This isnt even a big ask for the company.
The tough ask for Apple will be finding the right balance.
That doesnt mean its a done deal though theres still a lot of work to do.
