5 of Apple Inc (NASDAQ:AAPL)’s biggest misfortunes

753

Apple (NASDAQ:AAPL) has always been about creativity. According to Steve Jobs, the company does not do cheap. However, over the years, it has experienced major disappointments because of a few of its products. With iPhone 6’s release lurking around the corner let’s have a look at some of the company’s not so proud memories.

Pippin

Apple (NASDAQ:AAPL) made its way into the risky video game market in 1996 by launching its gaming consol, Pippin. It suffered terribly with poor marketing, lack of support and clunky equipment. Not to forget the amount of competition it had to face by market leaders like Playstation, Nintendo and Sega.

What actually brought its downfall was the poor hardware it had; however later on the company that manufactured the hardware for Apple (NASDAQ:AAPL) was mostly blamed for it. Pippin’s $599 market price along with its 14.4k modem and 66 MHz processor made it an easy prey in the market. It left the market after selling barely 40,000 units.

iMac USB Mouse

Back in 1998, Apple (NASDAQ:AAPL) introduced its USB mouse with iMac. Apple (NASDAQ:AAPL) faced chilled winds when consumers reported how the mouse felt more like a hockey puck being pushed back and forth. It was completely round with a single button on top for, which brought absolutely no comfort to the consumers.

Mac Mini

When Apple’s (NASDAQ:AAPL) plans were presented at the 2005 Mac Expo to launch its $499 Mac, the market buzzed with the news anxiously. A Mac was never priced as affordably as this one but little did it know how its strategy would suffer.

After it became available in the market, Apple (NASDAQ:AAPL) refused to provide the consumers with additional product services, such as a mouse and keyboard. Not only was it not marketed properly, but it didn’t have the type of appeal the users expected from their Apple products.

 Lisa

Jobs named this Apple (NASDAQ:AAPL) product after his daughter, Lisa. Apple’s (NASDAQ:AAPL) overpriced hardware came out in the market back in the year 1982. It was the first personal computer with a GUI and a mouse.

Its market price of $9,995 back in the day didn’t help it clear the retailers’ shelves. After which, Apple (NASDAQ:AAPL) decided to remake its versions with a slightly more affordable price tag, but by the time it did, Macintosh had come to the picture that buried Lisa as a tax write-off.

G4 Cube

Jonathan Ive, the Apple (NASDAQ:AAPL) genius, provided consumers with yet another one of the company’s wonders, the G4 Cube. It was an 8 x 8 x 8-inch small cube with simplistic designs. Critics adored the product and were fascinated with what a small object could do.

It gained a lot of appreciation for its designs, but yet again the price tag of $1,599 brought it down. Its sales fell short of forecasts ending its lifetime within one year; 2000-2001. However, before leaving the market, the G4 Cube gave Jonathan a number of outstanding awards for his discovery on the product as it made its way into the hearts of experts and became a breakthrough for the company itself.

Apple Inc (NASDAQ:AAPL)

Apple Inc (NASDAQ:AAPL)

Get Free Updates and Stock Alerts!



*We only send one email per week
Share.

Get Winning Stock Alerts!

Our track record speaks for itself! Our last 7 alerts have delivered combined gains in excess of 300% and there are no signs of slowing down. Join UltimateStockAlerts.com now before you miss out on our next big runner!

We will never sell or share your information.