In the year to date, the iPhone maker’s share price has fallen by more than 8 per cent, and about €300 billion has been wiped off its market value. Apple has ceded to Microsoft its status as the most valuable US company.
This drop was spurred by declining sales in China, regulatory scrutiny of its app store, and mounting concerns that the company has lost its edge on innovation, especially in the field of AI.
But is Apple’s recent decline likely to continue in the longer term?
On this week’s Inside Business podcast, Ciarán Hancock gets a range of perspectives on the issues affecting Apple and its future prospects.
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Guests: Geoff Blaber, CEO of CCS Insight, Denis Staunton, Irish Times China correspondent, Karlin Lillington, Irish Times technology columnist and Ciara O’Brien, Irish Times business and technology journalist.
