“Apple’s critics have a lot of meat and potatoes in the March quarter financials to enjoy,” Gene Steinberg writes for The Tech Night Owl. “For the first time since 2007, iPhone sales were down by double digits, and Mac sales also dropped by a fairly significant degree.
“The iPad? Well, the decrease wasn’t as much as in previous quarters, but it doesn’t look as if many of Apple’s products are growing,” Steinberg writes. “But it’s the first March quarter for the Apple Watch, so there’s no trend. Moreover, Apple’s services business is increasing by the double digits, so the suggestion that it’s a complete slowdown just doesn’t wash.”
Steinberg writes, “If financial and industry pundits would only learn to look at long-term trends, rather than short-time bumps in the road, they’ll have to admit that Apple isn’t going away.”
Read more in the full article here.
MacDailyNews Take: Continuing with our theme of “Perspective” this Monday morning.
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