Has Apple (NASDAQ:AAPL) lost its muse?

The iPhone is the premiere gadget of Apple Inc (NASDAQ:AAPL). The company has always banked upon its smartphone to boost the overall revenue; it’s a fair thing to do considering the market iPhone have created and the chord it has struck with the public throughout these years. The iPhone accounts for more than one half of Apple’s (NASDAQ:AAPL) revenues – making the smartphone an essential component of the sales. Now Apple (NASDAQ:AAPL) is leaning on the arrival of iPhone 6 into the market which they hope will cement the company’s dominance indefinitely or at least for a considerable period of time.

There are certain aspects of Apple (NASDAQ:AAPL) which in the coming years, may force the company to face a radical decline and we have reasons to speculate that. With competition brewing, android phones gaining a serious stature among the public- things don’t look too good for Apple (NASDAQ:AAPL).

Apple Inc (NASDAQ:AAPL) has been relying too much on its iPhone. They should’ve brought some products to cut through the market once again when they brought iPhone back in 2007. Sure there is the Apple (NASDAQ:AAPL) Watch but wearable technology has not yet made a mark in the market. iPad sales are fading away, and relying just on the iPhone is just too much of a risk.

The customers of Apple (NASDAQ:AAPL) always complain about the upgrade problem they face. Every time they buy an iPhone, Apple (NASDAQ:AAPL) brings out an updated version of its software. The allure of the upgrades is too much and the hardcore loyal customer is forced to give in to temptation. But now people are tired, and quite frankly not in the mood to spend on just about every other upgrade iPhone brings out. This might become a problem for Apple (NASDAQ:AAPL) as the customers will draw out, simply because the catching up process would be too costly and irritating.

Apple’s (NASDAQ:AAPL) reputation of having a fool proof security has been shattered by the hack that occurred last month. The iCloud hack of a number of celebrities brought a lot of criticism to Apple’s (NASDAQ:AAPL) doorstep. And the fact that Apple (NASDAQ:AAPL) apparently had no clue as to what went on and how to deal with it made it only worse. This was another indication of the dwindling stature of Apple (NASDAQ:AAPL) as the undisputed King of the market.

Apple’s (NASDAQ:AAPL) iPad, which at one time was a royalty to possess is fading away from the market. The sales are sloppy and it’s just that nobody seems to be wildly interested in it anymore. The reason can be the arrival of Phablets- brought on by Samsung Electronics (KRX:005930), which happens to be Apple’s (NASDAQ:AAPL) biggest rival. A Phablet falls somewhere in the middle of a smart-phone and a tablet; it has brought convenience and power to its users and seems like it’s out to send iPad to the grave, buried with the iPod.

The biggest problem the customers are facing is the expensive price tag on Apple’s (NASDAQ:AAPL) products. They’re expensive and they’re a bigger risk to carry. One has a lot to lose in the event of a damage or theft. Whereas the smart-phones of Nexus series are great phones; yet they come with a very reasonable price tag.

Apple Inc (NASDAQ:AAPL) will have to deal with these issues if it wants to keep itself ahead of others. By the looks of things, it’s staring at a downward spiral and it is doubtful that the iPhone 6 will have the power to save them.