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Friday, January 25, 2013
[News] Apple no longer world's most valuable company
The stock plummet comes as market researchers and analysts are wondering where Apple goes from here in terms of product innovation. So much of Apple's edge has been built on staying ahead of their competition...but now that Android handsets and tablets are seen as viable (and in some instances more cost effective) alternatives to iPhones and iPads, the profit margins for the Cupertino tech giant are not what they once were, even a few short years ago. With new device launches possibly coming as early as March, it remains to be seen if Apple can return to its status as "top dog" anytime soon.
*Source: USA Today