“the strength of its iPhone business, which is projected to drop this year.
...the company said the installed base grew by 25%”
So... Sales are increasing, by a lot, but that’s a drop predicting collapse?
Its a combination of a global slowdown and a maturing market place... Apple is still selling gobs of iPhones, just not as many this quarter as 1st quarter of 15.. and somehow its the sky is falling.
Nevermind of course that their market share overall continues to grow, and they are making well over 80% of all the profits in the global smart phone marketplace... have enough cash to operate for more than a decade without making another thin dime in revenue.. etc etc etc...
This sort of stuff just makes me laugh. Someday Apple may fall from grace, but that day ain’t anywhere near happening at the moment.