'Apple missed the mark because it missed the market'

A rant from a friend of the blog who’s been traveling a lot overseas:

Apple blew it… with pricing.

China is now past Apple… people get demerits for buying Apple devices, plus they are proud, plus Chinese phones are so good and half the price.

Most importantly, Europe is really moving away from Apple. Not only they are going into recession and $1,300 phone seems absurd, Chinese brands (at half the price) are getting accepted. I go there every month, big big change, Huawei advertising plastered everywhere.

Apple world is shrinking.

My take: Anecdotal, of course. But these are signals worth watching.