Techonomy CEO Says Apple Has Done a Poor Job in Services

The video discusses Apple's market dynamics, focusing on its competition with Samsung and the impact of Samsung's recall. It analyzes Apple's sales growth, attributing recent upticks to new customers from competitors. The need for Apple to expand its services as hardware sales slow is highlighted, with a focus on the App Store's growth and developer strategies. The potential of Apple's software services, particularly in cloud and music, is explored, emphasizing the importance of subscription models.

What was a significant factor that helped Apple capitalize in the market last year?

• Partnership with Google

• Apple's new marketing strategy

• Samsung's major recall

• Increased production capacity

What was the primary reason for the recent increase in Apple's iPhone sales?

• Reducing the price of older models

• Launching a new advertising campaign

• Attracting new customers from competitors

• Returning customers upgrading their phones

What is a key challenge for Apple as it tries to expand its services business?

• Competing with Facebook and Google in hardware

• Reducing production costs

• Maintaining high hardware margins

• Developing a new operating system

How does Apple's current valuation compare to companies like Amazon?

• Apple's PE is irrelevant

• Apple's PE is about the same

• Apple's PE is much lower

• Apple's PE is much higher

What has been a major driver of growth for Apple's services in recent years?

• The App Store

• Apple Maps

• Apple TV

• iTunes

What strategy is Apple using to make its iPhone more 'sticky' for users?

• Offering free apps

• Increasing storage capacity

• Encouraging app developers to create subscription-based apps

• Reducing the price of iPhones

Which service is considered the 'Holy Grail' for generating consistent revenue?

• One-time app purchases

• Advertising

• Cloud services

• Hardware sales