Apple faces challenges with iPhone upgrades
-Lack of innovation: $AAPL is having trouble convincing consumers to upgrade iPhones because new innovations are not appearing.
- Delays in Siri updates: Siri updates with artificial intelligence features are delayed, reducing hopes for increased sales.
- Longer device life: The average age of iPhones has increased, suggesting slower upgrade cycles.
-Plans for change: $AAPL plans to introduce software changes and possibly introduce a foldable iPhone to support future growth.
Unfortunately, this is all true, but I still hold the stock and I certainly won't be selling.
The company has a few issues right now and is not in an ideal position, but it is still a great company that will grow in the long run.
The stock has been rising, but the company hasn't really come up with anything new in a long time, and I think Apple will feel that for a while and the stock will fall significantly.