Happy Thanksgiving: Apple to face “decade-long malaise”
Nov24
It’s hard to imagine modern-day Apple ever struggling. The company is the most valuable one in the world, and it sits upon a veritable Mount Everest of cash. But one industry analyst thinks that the good times are about to come to an end, with the company will soon enter a “decade-long malaise.” Oh dear. Models created by Oppenheimer analyst Andrew Uerkwitz suggest that sales of the iPhone (which accounts for an astronomical share of Apple’s profits) are going to peak with next year’s 10th anniversary model. While it’s expected that Apple will sell 245 million iPhones in the 2018 fiscal year,…
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