Apple Quarter Was Bad - Hope, Analysts, Dividends Prevent A Collapse
Apple reported an earning, that by most standards and even Apple standards, was very disappointing. Let's face it. Aside from a slight Mac surprise and expected declining iPad sales, the quarter did not meet street expection - iPhone sales fell short. However, more disappointing is the fact that much of what happened could have been prevented and stock should be up instead of treading water on the red end of the pool. In the days to come, only the promise of higher dividends will keep the stock from tanking further. Aside from an anemic iPad launch talored to get iPad users to upgrade their iPad 2, 3rd/4th generation iPad, and the iPad Air, we have not seen any major product launch or upgrade since the iPhone 7/7S. At this point, I'd even settle for an iPod refresh. This isn't to say that Apple is not doing anything at all. It's likely the company priorities have shifted and the iPhone remains a major focus as it is what is bringing in the vast ...