Independent analyst Mark Hibben says Apple is still way out ahead of the pack, but needs a bit of a management shake-up
Mark Hibben is an independent analyst. BUSINESS DAY TV: The iPhone is a decade old this week and its inception revolutionised the smartphone industry — but that was 10 years ago and the competition has stiffened. So, is Apple still an attractive investment destination, and will CEO Tim Cook deliver on his promise of more technological breakthroughs? We’re joined on the line by independent analyst, Mark Hibben to discuss that. Mark … so where does your rating sit when it comes to the iPhone and its success as a consumer product? Are we looking at the most successful consumer product of all time, as some would put it? MARK HIBBEN: There’s been an ongoing … concern about whether iPhone has peaked out [in terms of] sales. I don’t think it has. In fact Apple’s Macintosh hasn’t really peaked out in any discernible way in terms of sales. So I still believe there’s a lot of room for growth in Apple. It may not be apparent this year but in the long run there’s still plenty of growth ahead. B...
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