iPhone Sales May Take a Bite Out of Apple's Earnings: Chartby
Taking a bite out of Apple Inc.? For the first time ever, the company may sell less of its most popular product -- the iPhone -- this year. Barclays Plc analyst Mark Moskowitz, who has an "overweight" rating on Apple shares, expects iPhone sales to decline in the next two quarters, a significant hit considering the phones account for more than two-thirds of revenue in each quarter. Apple reports earnings on Tuesday.