Wednesday, February 29, 2012

In Response to Chris Beland...

Do you think they will sustain their growth further? or do you think they will slip back down like the other 4 companies that reached that half trillion market cap?
 
I definitely believe that Apple has the potential to grow even farther than the half trillion market cap they just achieved. The reason for this is that Apple in innovating all of their products constantly. Comparing them to a company like Microsoft who has slipped back down is somewhat irrelevant at this point. At the time of Microsoft's huge boom, they did not have nearly as many competitors as there are in the market today. Apple being one of them. In the modern market Apple has proven that they can go above and beyond the competition constantly, and with multiple products. They were the first to use the sleek designs in their products that have become so popular. Their iPhones, iPods, iPads and even MacBooks all have a design in their physical appearance and interface that all the other companies are attempting to copy.

With this being said, it is apparent that they have more room to thrive. But, I also believe they will have to hit a cap at some point. If they don't, then they have the absolute best innovation and marketing skills possible. It seems that with all companies that really start to get big quickly, they die down. Society is general loves fads. Apple has proven to be a company that is constantly creating new fads by creating new models of their products that are tailored to the popular demand of the consumers. Could it be possible that Apple is an exception to the other companies that were just fads? Are they on the right path to creating a monopoly in the technology market?

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