The iPhone, valued for design?

Following the release of the iPhone 4S this morning, the Apple stock has dropped nearly 7%. The question that arises here: is the iphone merely valued for its trendy design, or for its functionality? (Personally, I don’t think the iPhone is the best phone in terms of functionality. It’s incompatible with macromedia flash, restraining the visual features of many websites through Safari. However, I find it next to impossible to get used to non-touch-screen phones after the iPhone).

The iPhone 4S has the same exterior as the iPhone 4, but features a much more user-friendly interface that includes a dual-core processor and a high-definition camera.

iPhone 4S vs. iPhone 4: What’s Changed?.

The innovations to the features of the phone should theoretically be more than enough to raise the stock prices, while instead, the value of the Apple stock dropped from $381.80 to $354.24. Although it rose back up again, this is a sign to companies that their product not only needs to be functionally, but also visually appealing (not that the iPhone 4 design is unappealing, but the launch of the iPhone 4S instead of the iPhone 5 is most definitely disappointing).

It’s all about the looks.

Source: NASDAQ

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