Concluding paragraphs of a Dan Lyons perspective
The problem for Apple is that one week from today Google and Samsung are going to introduce the new flagship Android phone, which will have a totally new design and probably include some features that put it ahead of the iPhone 4S.
That may have as much to do with Apple’s stock-price drop as anything else.
Four years ago, when Apple introduced the first iPhone, it had the market to itself. Now the company is facing fierce competition. The fear seems to be that Apple has become complacent at a time when it can ill afford to slow down. Apple seems to be betting that its loyal customers won’t stray to the Android camp. Whether that’s really the case remains to be seen.