, Columnist
Apple’s Future Comes Down to Four Crucial Questions
It’s time for the iPhone maker and investors to have some answers.
Sluggish smartphone sales and the plan for services lead the list.
Photographer: Drew Angerer/Getty Images
This article is for subscribers only.
Apple Inc. reported some ugly numbers on Tuesday. Revenue in its fiscal second quarter dipped 5 percent from a year earlier – including a 17 percent slide in iPhone sales, the company said.
Yet investors sent Apple’s shares higher, in part because that sales slide wasn’t as bad as expected and because the company forecast no worse than a 1.4 percent dip for the three months ending in June. Hooray, I guess.