Apple has a hugely successful quarter — their best ever — and all people can say is “yeah but iPad sales are down”.
Apple sold 12.3 million iPads this quarter and made $5.3 billion. That’s just iPads. That’s what Hermes, Coach, Charles Schwab and Wynn Resorts each make ANNUALLY. Would you consider any of those brands to be failing?
But Apple “has a problem” because iPad sales are down? You’re kidding, right?
Apple does not need to be the biggest of anything to be the best. No company does. But that’s what Wall Street wants because it’s good for Wall Street. So don’t confuse “best in class” with “beating the analysts expectations”. It’s a no win game.