Apple Watch

Apple's Growth Machine Is Finally Starting to Sputter

Apple’s Growth Machine Is Finally Starting to Sputter

March 1, 2016 Richard Gomez 0

Apple has been corporate America's most ridiculously unbelievable growth story. And now it's over. Take a deep breath. Exhale. Get used to it.
Yes, the Apple we have come to know was a gravity-defying growth machine. Apple is the most valuable company in the world, yet it increased its revenue in the last 12 months by more than last year's sales at Coca-Cola. Apple rang up enough operating cash in the last year to buy 625,000 Tesla Model X cars – nearly one for each person in San Francisco. (I'll take blue with tan leather interior, please.) The company has given us so many eye-popping numbers that any feat short of Tim Cook colonizing Mars is underwhelming.
With the setup of high expectations, the most crucial numbers are now more low-Earth orbit than deep space. Unit sales of the iPhone for the three months ended Sept. 26 climbed 22 percent from those in the period a year earlier. Just a few months ago, Apple sold 60 percent more iPhones than it did a year before…

No Need to Fret, Apple Is Doing Fine

No Need to Fret, Apple Is Doing Fine

February 8, 2016 Richard Gomez 7

Home | Mobiles | Mobiles Features No Need to Fret, Apple Is Doing Fine Farhad Manjoo, The New York Times , 28 January 2016 Let's get this out of the way first: Despite what you may have heard, the iPhone is not dying. Neither, by extension, is Apple.
It's true that in an earnings report Tuesday, after weeks of speculation by Wall Street that iPhone sales would finally hit a peak, Apple confirmed the news: iPhone sales grew at their lowest-ever rate in the last quarter. And the company projected total sales of as much as $53 billion (roughly Rs. 3,61,532 crores) in the current quarter that ends in March, which would be a decline of 8.6 percent from last year and Apple's first revenue drop in more than a decade.
But if Apple is now hitting a plateau, it's important to remember that it's one of the loftiest plateaus in the history of business. The $18.4 billion (roughly Rs. 1,25,518 crores) profit that Apple reported Tuesday is the most ever earned by any company ..