Teens saying Apple's iPhone no longer cool; report says orders for parts slowing due to sales drop

Is the iPhone no longer cool? That's the big question many are asking, after a surprise drop in sales.

Apple (APPL) stock briefly fell below $500 per share Monday morning on news that iPhone sales are slowing, a sharp drop from its $700 share price last summer.

Bloomberg News reports Apple is reducing orders for iPhone internal parts as sales slump. 

Apple is not commenting on the reports, but Bloomberg reports that Apple is facing sharp competition from Samsung and other smartphone producers, who are turning out cheaper and slicker phones.

Are Teens Moving On?

The fickle 16 to 20-year-old age group, which helped the iPhone become a smash hit over the last five years, may be moving on, according to some reports.

Many teens now look at the iPhone as their mom and dad's phone, like a minivan or big SUV. 

And the marketing agency Buzz Marketing Group says Apple is no longer connecting with young Millennial kids (teens), who are suddenly enamored of the Samsung Galaxy line of phones, and even Microsoft's new Surface Tablet.

Most teens may not be able to afford a Surface Tablet, and their parents may have no interest in learning Windows 8, but these latest reports are great news to troubled Microsoft: The next generation of shoppers may find Microsoft and Samsung more "cool" than Apple. At least this month.

The Samsung Galaxy S-III and its giant Note phones are suddenly all the rage with the young set, leaving the iPhone 5 looking a bit stale, according to a number of reports.

All this could be one reason Apple is reportedly rushing to produce an iPhone 5S, and is working on an iPad Mini Phone , as larger 5-inch phones appear to be the next big thing.

As always, don't waste your money

____________________

Don't Waste Your Money is a registered trademark of the EW Scripps Co.

"Like" John Matarese on Facebook
Follow John on Twitter (@DWYM)

Print this article Back to Top

Comments

More Apple Stories

iPhone 6 plans leaked: Bigger, thinner iPhone 6 plans leaked: Bigger, thinner

John Matarese has a preview of Apple's upcoming new iPhone

Disney Movies Anywhere app and service lets Apple users buy and watch Disney, Pixar, Marvel movies Disney Movies Anywhere app and service lets Apple users buy and watch Disney, Pixar, Marvel movies

The new Disney Movies Anywhere app lets Apple users buy and watch Disney, Pixar and Marvel movies from anywhere.

Flappy Birds disappears from app stores; Creator Dong Nguyen pulls it down Flappy Birds disappears from app stores; Creator Dong Nguyen pulls it down

Flappy Birds disappears from app stores after creator tweets "I can't take it anymore."

Lingering glitches with Apple Lingering glitches with Apple's iOS 7 and Microsoft's Windows 8 haunt gadgets

John Matarese looks into all the glitches with recent product updates in Don't Waste Your Money.

Apple event live streaming coverage: (AAPL) expected to unveil its line of iPad tablets for holidays Apple event live streaming coverage: (AAPL) expected to unveil its line of iPad tablets for holidays

Apple unveiled a new, thinner, lighter tablet called the "iPad Air" along with a slew of new Macs ahead of the holiday shopping season as it faces growing competition from rival gadget makers.
 

Apple (APPL) expected to announce new 5th generation iPad, iPad mini Tuesday for holiday shoppers Apple (APPL) expected to announce new 5th generation iPad, iPad mini Tuesday for holiday shoppers

Apple is expected to round out its line-up of gadgets for the holiday shopping season with the Tuesday unveiling of its latest iPads.

Police urging iOS7 download on iPhones to help against Police urging iOS7 download on iPhones to help against 'apple picking', but still keep your guard up

You've probably heard of "apple picking" and we don't mean the fruit on the trees.

Some users complain of motion sickness, vertigo from Apple (APPL) iPhone iOS7 software update Some users complain of motion sickness, vertigo from Apple (APPL) iPhone iOS7 software update

The latest software update for iPhones and iPads is nauseating for some users

Hacker group claims to have broken Apple iPhone 5S fingerprint security Hacker group claims to have broken Apple iPhone 5S fingerprint security

A German hacking group is claiming that it can get around the fingerprint-based system Apple uses to help lock its new iPhone 5S.

How to get new Apple (AAPL) iPhone 5S or 5C for free How to get new Apple (AAPL) iPhone 5S or 5C for free

John Matarese shows how to get a new 5S or 5C free, or at discount.