, Columnist
No Midlife Crisis for Apple
Piles of profit outweigh slowing iPhone growth.
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People are worried about iPhone sales1452104974701. And rightfully so. Apple at least for the time being won’t come anywhere close to the lightning fast growth people have come to expect. So now it’s time to shift the conversation about Apple to its overlooked strengths.
Since Apple’s stock price reached a record closing high in February 2015, the company has shed one-quarter of its market value. The decline has come largely because investors don’t think the current generation iPhones will sell at the rapid clip of the 2014 iPhone 6 line -- the first with larger screens that made the iPhone 6 arguably the most anticipated smartphone ever.