Tag Archives: Apple Profits

Apple’s Third Quarter Earnings: The Eye of the Beholder

Apple just revealed that they broke their record for third quarter revenue. That’s good, right? iPhone revenue is continuing to fall and is now less than half of Apple’s total revenue for the first time in seven years. Isn’t that terrible? Everything but the iPhone is up, especially services and wearables, and Apple beat their guidance. Awesome! Despite this and all that revenue, profits still fell year over year. APPLE IS DOOMED!!!

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