Equity Equity Monday: Have we reached peak smartphone?
Aug 7, 2023
Global stock trends and a dip in crypto kick off the discussion, with a focus on whether the smartphone market has peaked after Apple's latest earnings. A controversial privacy law in India raises concerns about government control over data. Triller's upcoming IPO promises excitement, even as the podcast team remains cautious about its profitability. Meanwhile, Paytm is making strategic moves in the FinTech sphere, showcasing financial innovation in challenging markets. It's a dynamic blend of tech updates and economic insights!
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Peak Smartphone?
- Apple is facing slowing iPhone sales, prompting questions about the smartphone market's future.
- Their established services and subscription business might offset this decline.
Smartphone Saturation
- Alex Wilhelm suggests the smartphone market might be saturated, citing personal experience.
- He'll only upgrade his iPhone 11 when necessary, potentially choosing an older model.
Apple's Next Move
- Apple needs to boost its subscription business or create an innovative hardware/software platform.
- All eyes are on the Vision Pro to potentially reignite growth.