Apple's stock price seems to be in free-fall of late. The experts and pundits are offering up all sort of reasons why.
I'll save them the trouble: It's me.
I'm THAT guy. The guy who buys every gadget the minute it hits the store. That especially applies to Apple iDevices. I have bought so many iPod, iPads and iPhones over the years, I've lost count.
Except now. In the last three months, Apple has introduced:
- iPhone 5
- iPad mini
- iPad 4
- new iPod touch
- new iPod nano
And I have purchased exactly... none of them. All of my current iDevices work just fine and none of the above mentioned new products are compelling enough to make me want to run out and buy any of them. On top of that, I have a considerable amount of money invested in an iDevice "ecosystem" of accessories and the change to the new Lightning connector renders all of them pretty useless.
So, thanks but no thanks Apple. Not only are you NOT inducing me to buy your new products, you are actually providing considerable incentive to hang onto my old ones as long as possible.
Now multiply me by a zillion like-minded gadget non-buyers and, well, you can see the problem.
On the one hand, that's a good thing. Your previous generation products are excellent, high-quality devices that work great. But viewed from the perspective of an Apple stockholder who paid north of $600 for your stock, I am a really bad dream come true.