said by skeechan:
Meanwhile iPhone sales appear to be doing just fine and despite all the whining had yet another record quarter, despite it being only 13 weeks instead of the usual 14.
That misses the bigger picture. It's not about a great quarter, it's about how well they will do in the coming quarters... aka growth. Their prospects for growth are dimming as their product line stagnates and others innovate. I read somewhere that the iPhone is no longer the prized phone to own in China, which is having a profound effect on growth prospects overseas.
They're not going bankrupt, but they are not growing nearly as fast as they have over the recent past. Their product pipline (or lack thereof) will determine if they can turn that around, or if they've hit their market saturation point. Looking at market share, it's clear Android handsets are pulling away from the pack.
Apple needs to demonstrate that they still can innovate post-Jobs... and they simply have yet to do so.