“Apple’s incredible growth streak is expected to officially come to an end today, April 26, when the company reports its second-quarter results after the market close,” Dan Frommer reports for Re/code.
“After a dozen years of dramatic growth — led first by the iPod and Mac, and then the iPhone and iPad — Apple is expected to report that March quarter sales declined 10 percent year over year to around $52 billion,” Frommer reports. “This isn’t a surprise. Apple warned that sales would shrink on a year-over-year basis when it issued its forecast in January, and shares have traded up almost 10 percent since then.”
Read more in the full article here.
MacDailyNews Take: Once this crazy iPhone 6/Plus compare is past, the iPhone picture will be clearer for the average investor.
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