Good piece by Gene Sternberg on the Apple is doomed, the end is near meme:
Apple’s critics have a lot of meat and potatoes in the March quarter financials to enjoy. For the first time since 2007, iPhone sales were down by double digits, and Mac sales also dropped by a fairly significant degree.
The iPad? Well, the decrease wasn’t as much as in previous quarters, but it doesn’t look as if many of Apple’s products are growing. But it’s the first March quarter for the Apple Watch, so there’s no trend. Moreover, Apple’s services business is increasing by the double digits, so the suggestion that it’s a complete slowdown just doesn’t wash.
Relatively speaking, that’s a complete slowdown. It’s the trend that must be watched. Next quarter’s fiscal guidance was unusually conservative.