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Apple Stock Tells its Samsung Woes Story

No doubt Apple is good in making excellent products and its strategy has paid by concentrating in four segments namely Iphone, Imac, Itunes and Ipod.

However Samsung is eating into its profits in mobile segment by launching the models in various segments. A price war is literally going between Apple and Samsung where Apple started offering Rs 7000 discount on bringing an old smart phone and one could get Iphone4 in exchange. To counter Apple, Samsung launched 15% cash back scheme with its select top rung models.

Apple stock on verge of breakdown

Have a look at stock chart of Apple which shows that stock is about to break a major support level which means that the stock is going to break down in near future if it is not able to sustain its bounce back. Looking to get such type of opportunities for Indian market than do not forget to check the Jackpot tip of the day which will you get money like professionals.

Verdict

Apple need to make phone models in varying price segment to challenge Samsung onslaught.

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