From the Poynter journalism mailing:
"Apple's earnings report for the quarter ended June 30 beat Wall Street's expectations, sending the stock up about 7% after hours. Apple is still the most valuable company in the world, and earns more profit in a quarter than most other tech companies earn in a year." (Business Insider) That would seem pretty good. "At the same time, Apple's revenue has started shrinking. Its most important product, the iPhone, is shrinking. All its other business lines, save one, are shrinking. And the company hasn't had a new hit product since (Tim) Cook took over" nearly five years ago.
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Posted by: David Smith <david.smith.14916@gmail.com>
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