Sunday, April 19, 2015

TOW #26 - "Apple's Newest Hit" (Written text)

In a recent article presented by Forbes, people are starting to get excited about the reveal of Apple's new wearable technology: a touchscreen watch. This has been an ongoing invention for at least half a year, so for it to be released soon is such amazing news. However, many people feel this new product could end up hurting Apple. Forbes addresses the watch as being too expensive causing many people to not buy it. While many people would disagree, we have to remember this did happen in the past. When Google came out with the Google Glass, it ended up being a bit of a failure. First, people thought it looked ridiculous raising many questions on how wearable technology ever became an attractive product. Secondly, the glass was pretty expensive starting close to a thousand dollars. In the end, Google ended up stopping sales because there was just no profit coming in, so it didn't make sense to continue manufacturing. If the same problem happens with Apple, it could really hurt their stocks and income. Think of all the money put into developing this product, if it fails, all of that goes to waste. However, many people would argue that Apple hasn't failed us yet. I mean every product they have come out with has caused chaos, huge lines, and lots of people spending lots of money. Therefore, I would have to disagree with Forbes and say that this product could end up helping Apple. If it does boom, the profit will be huge and stocks will go up. However, that has to be a risk Apple is willing to take because there is a chance that the whole plan could end up going sideways. Overall, the article does a great job in introducing the pros and cons of Apple's newest invention. 

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