[Sam I Am]

Apple's stock is down around 30% from it's high and it's losing market share at a break neck pace to Android. It's sales are increasing, but it's because smartphone sales overall are increasing. Sales of smartphones are up 47% year-over-year. More than 427 million phones were sold in total during the third quarter.

There was a period when Apple sold more phones than ALL Android makers combine. Now, Samsung alone sales more than 4 times as many smartphones as Apple. That doesn't include any sales from HTC, ZTE, LG, Nokia, or Motorola.



When Android entered the market, it started taking market share, but Apple was able to release the iPad to keep the income up. Now that Android is now stealing that market share too, Apple needs a new product. The problem is, they don't have one. That is why their stock has dropped 30%. They are getting beat at their own game by superior, yet cheaper products.

When you put two products together and they are on equal ground. People tend to by the cheaper product unless they want to be seen with the more expensive product. (show off, stroke ego) When you put two products together and one is not only superior, but it's cheaper too. Only fanboys are left buying the more expensive and inferior product. (think Apple PCs in the 80s and 90s)

As soon as Android entered the market, there was no way Apple could compete in the long run and Jobs knew this. That is why he promised to do everything in his power to destroy Android. He failed and now Android is destroying Apple. Apple is 5.5% of the smartphone market. They are a *niche* market in smartphone world now just like they are and always have been a niche market in the PC world.