The day many expected to arrive has arrived. Jeffrey:
It isn’t as if savvy investors or smart Apple executives did not see the handwriting on the wall. Or, handwringing. Take your pick. The end result is the same. The world has reached peak smartphone. Apple reached peak iPhone a few years ago. Peak Mac, too. Peak iPad as well. But not peak revenue or profits as both continue to climb northward thanks to Apple’s ability to jack up prices and gross margins to gross levels.
Plenty of market turmoil based on Apple and iPhone.