The Granny Smith apple that has served as the logo for the Beatles' record label is now the property of the Apple computer company. Yesterday (Oct. 25), Patently Apple discovered that the last remaining challenge to the logo's ownership had been ...
That said, Apple Inc. AAPL, -1.13% still has plenty of challenges ahead. Some of those stem simply from the nature of the fast-paced, hyper-competitive consumer technology business the company currently competes in - and largely dominates.
Apple remains a leader in innovation that is adored by consumers around the world. The brand helped the company generate $40 billion in profits over the past 12-months, second most in the world behind Exxon Mobil.
For many years, Apple ignored such competition. The company remained convinced that the original iPhone's 3.5-inch screen was sufficient and stuck with what it knew; it didn't get sucked into the screen-size race.
Apple, Inc. (NASDAQ:AAPL) shares have been on the defensive lately due to a combination of converging factors: iPhone 5 supply shortages, reports of Foxconn quality control workers' strike and problems with Apple's Maps.