Don’t judge an adolescent’s tastebuds. Buttered Hotcakes from McDonald’s and a Subway turkey sandwich with lettuce, pickles, salt and pepper is my daughter’s fav. Her once a month, if that, pickle partake is insignificant visitation frequency. That is a sandwich maker’s problem.
Subway’s struggles are no secret. After years of surfing a wave until it broke, the winners mentality became a blindspot — unit saturation, not so delightful customer interactions, franchisee revolts, management shakeups and a gnawing spokesperson’s scandal.
The disaster economics of COVID-19 reveals Apple’s extraordinary opportunity to land grab education. E-learning (online learning, distance learning, blended learning and remote learning) is projected to be a $243 billion market globally by 2022. $46.7 billion was generated in 2016 in the U.S. In comparison, Apple’s Services revenue for FY 2019 was $46.3 billion. E-learning is a considerable addressable opportunity for Apple. An accretive acquisition would accelerate Apple’s education market penetration and increase its Services (subscription) revenue substantially (seizing 5% to 10% globally yields an extra $12 to $24 billion excluding ancillary revenues).