iFruit company Woes

It looks like my predictions for the iFruit company are all coming true. Their stock price continues it’s steady decline with no bottom in sight. The sales of iPhones have slowed down as the Samsung juggernaut continues to gain more and more market share.

The recent announcement that they are cutting back their orders for components for the iPhone 5 by half is a clear indicator of how poorly they are doing. I’ve heard people say it’s a market saturation problem but I don’t buy that. Samsung continues to increase sales every quarter and there is no indication of market saturation for them.

The reality is that all of the Fan Boyz and Gurlz have bought all of the iFruit products they can use. Smart people who want value for their money are buying Android phones and tablets and will continue to do so for a while yet.