CNN Money - Apple headed for 1st profit decline in 9 years
iPhone productions - cut. iPad productions - cut. iMac productions - delayed again and again.
Apple is losing market shares to Android across the board.
CNN Money just reported Apple is heading for 1st profit decline in 9 years. It is more likely heading for multi-year decline.
iphones last year = 37 million this year's range is 43-66 million with a likely number around 50 million. iPhones account for 53% of the profits and they will have the biggest impact on earnings.
ipads 14.5 million last year This year 14 million full size plus 8 million iPad mini
imacs will likely be flat or NEGATIVE $300 million
Ipods will likely be down about $400 million
Itunes, softward, etc will be up around $500 million.
Margins will be down from 44.5% to 40 %