In 2008, Nokia sold 460 million mobile phones with cameras to become “the world’s largest mobile phone manufacturer.” In 2008, Nokia’s market share was as high as 40%. But 2008 is also the beginning of Nokia’s overall decline. In the previous year, Jobs launched the first generation iPhone.
In 2018, iPhone sales fell 22%, similar to the experience of 10 years of Nokia, will it repeat the mistakes of Nokia? Some media reports that Foxconn’s iphone factory has laid off more than 50,000 people. It can be seen that Apple’s sales power and productivity in China are gradually declining.
In December 18, Apple experienced the first year-on-year decline in monthly revenue. Looking at January 2, Apple also cut its revenue by nearly $9 billion, which is the first time Apple has lowered its sales forecast in the past 10 years.
Recently, CaseMe, a mobile phone accessory manufacturer, reported that some Chinese accessory manufacturers have begun to reduce the output of iPhone accessories, such as iPhone XS Max Case, iPhone XS Case, iPhone XR Case, iPhone X Case, but it raised production of iPhone cases such as the iPhone 8 Plus Case, iPhone 7 Plus Case and iPhone 6S Plus Case.
Although Apple’s share price has been declining recently, many investors are optimistic about Apple’s stock price, at least Apple’s product profits account for 90% of the mobile phone market profits.