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Chaos in Cupertino: Apple’s First Quarterly Sales & Profit Decline in 13 Years

April 27, 2016 by Ted 1 Comment

iPhone Sales Fall for the First Time in Its History

Photo of Apple store in ChinaCupertino, CA-based Apple, Inc. announced its fiscal first quarter results yesterday and it wasn’t a pretty picture. And although Wall Street acted with shock, no one should have been surprised as Apple had warned this would be a tough quarter back in January. Apple remains a huge and cash-rich company, but the deeper you dig into this latest report, the more obvious it becomes that there is a legitimate cause for concern.

See more on this tough quarter by the Tech’s largest company… [Read more…] about Chaos in Cupertino: Apple’s First Quarterly Sales & Profit Decline in 13 Years

Filed Under: Financial, Management, News, Strategy Tagged With: Apple, Apple Music, iPad, iPhone, Mac, Macintosh, Steve Jobs, Tim Cook

Apple Bruised by Worst iPhone Sales Growth Ever

January 27, 2016 by Ted Leave a Comment

AppleApple, Inc. is starting to look brown, bruised, and past its prime in wake of the surprising quarterly results that showed growth in sales of their bellwether iPhone product to be the slowest since the company launched the product category in 2007. Not only that, but the company forecast an overall sales decline for the first quarter of 2016 – their first sales decline since 2003. Reaction from Wall Street was swift with the price of Apple stock down more than 6% in mid-afternoon trading.

What’s going on at Apple?… [Read more…] about Apple Bruised by Worst iPhone Sales Growth Ever

Filed Under: Brands, Economic Trends, Financial, Manufacturers, News, Pivot Point, Strategy, Tech Trends Tagged With: Apple, economy, iPad, iPhone, Mac, Macintosh

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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