Then when the iPhone is no longer popular, what will happen to Apple then?
Plus it's kind of depressing to see that a computer company barely sells any computers anymore looking at that chart.
1.) Like ANY product, it has a life cycle.
The consumer laptop replaced the consumer desktop.
The iPad/iPhone are replacing the consumer laptop.
Ect.
Apple's next big thing is on the horizon likely, but they can't launch a new product category every year! That said, the iPhone and iPad aren't losing steam any time soon it seems ...
Furthermore, in case you didn't know, the same year Apple announced the iPhone, they dropped the "Computer" portion from their company name. They are not solely a computer company, and obviously haven't been for years. That said, I'm not sure who's to say that an iPhone or iPad isn't a computer ... it has a display, CPU, GPU, RAM, OS, ect. ...
Earnings not spectacular......
earnings missed expectations as did iphone sales.
People really need to stop setting such unreasonable expectations. Even a company like Apple, will not grow at the same rate year over year. They definitely hit a popularity period where growth was off the charts, but that is not sustainable. That said, their earnings and growth are still awfully impressive, especially when compared to the competition!
So Apple sold 21% more units in Europe but it generated 3% less revenue than the last quarter? ASP isn't looking good, at all.
I think what we are seeing here is two things:
1.) The US dollar is weaker, so when sales are translated to the domestic currency for reporting purposes, we are seeing less revenue.
2.) Apple might be lowering prices in foreign countries, to spark demand. In the grand scheme of things, Apple is newly a worldly company. They definitely held artificially higher foreign prices in past years as they tested the market. I think they have a better grasp as to what their foreign demand is now, and will adjust prices accordingly.