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Apple Is Outdated, Says Chinese Conglomerate LeEco CEO (cnbc.com)

An anonymous reader shares an article on CNBC: Apple is "outdated" and losing momentum in China, billionaire entrepreneur Jia Yueting told CNBC in his first international television interview. "Apple only has individual apps. This was the right choice during the first generation of mobile net, when CPUs [central processing units] and the mobile network speeds were not fast enough," Jia said. "However now we're moving into the next era of mobile internet, these problems no longer exist. Moreover, having separate apps just means great obstacles in the user experience. We hope to break down these obstacles. One of the most important reasons [for slowing sales] is that Apple's innovation has become extremely slow," he said. "For example, a month ago Apple launched the iPhone SE. From an industry insider's perspective, this is a product with a very low level of technology... We think this is something they just shouldn't have done. [...] The Watch hasn't cut it. And they're looking at content on the services side, on the iTunes side. We'll see how that works out. But definitely they need something to drive the next leg of growth." In some other Apple news, the company is expected to announce its first quarterly year-over-year revenue decline since 2003 later today.

4 of 245 comments (clear)

  1. Re:Frosty by RavenLrD20k · · Score: 3, Informative

    Congratulations, you got to drink from the Firehose. The Red Headline means the story hasn't made it to the front page except for subscribers. At least, that's what it used to mean. I think if you have a high karma level select future stories will be visible with the red headline as well (speculation only since I too occasionally see the red headlines but have never subscribed).

  2. Apple's Still Growing by SuperKendall · · Score: 5, Informative

    Apple has many businesses still growing - if you thought of any one product Apple makes a business, it would generally be growing more than most companies around.

    The AppleWatch for example, was estimated to have sold more than twice the units of the first iPhone - and sales in the first twelve months brought in $1.5 billion more than Rolex.

    Apple's music and video sales are constantly growing. Apple Mac sales still see a healthy growth every quarter. Apple's services growth is greater than Google at this point, and because services are tied to hardware which Apple has so much of in the field, there's no reason to think service growth will slow.

    Even the iPhone is still growing more than not.

    Sometimes what the "law of large numbers" means is that if you are large enough, you win.

    --
    "There is more worth loving than we have strength to love." - Brian Jay Stanley
  3. Re:What about the Mac SE/30? by macs4all · · Score: 1, Informative

    The SE/30 was expensive, under-powered, there were no NuBus slots and not even a color display. The MacIntosh II family was a Great Leap Forward.

    The SE/30 was released AFTER the Macintosh II.

  4. Re:This guy is high on Chinese pollution by AuMatar · · Score: 5, Informative

    Actually in Asia its very common to have a single super app rather than a dozen. One app will be your messaging, shopping, mobile pay, taxi hailer, etc. THey go in for all-in-one over there. So far the US and EU haven't followed suit.

    --
    I still have more fans than freaks. WTF is wrong with you people?