Wednesday, 26 June 2013

Apple isn't much experienced as its competitors in the mobile industry

Apple warns: "The Company has only recently entered the mobile communications and media device markets, and many of its competitors in these markets have significantly greater experience, product breadth and distribution channels than the Company. Because some current and potential competitors have substantial resources and/or experience and a lower cost structure, they may be able to provide such products and services at little or no profit or even at a loss."



It's cute of Apple to warn about this, but even with its lack of experience, Apple has gobbled up the lion's share of the mobile industry's profits, despite having a relatively small market share.

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