'Apple's best days behind it'... againMichael Gartenberg has covered the personal technology beat for more than two decades at places like Gartner, Jupiter Research and Altimeter Group. Most recently, he spent a few years at Apple as Sr. Director of Worldwide Product Marketing.
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So it begins — the schadenfreude that comes with Apple, and a 'bad' quarter with Wall Street.
"There's no question that Apple's best days are behind it." — Toni Sacconaghi, Wall Street analyst
"This, too, shall pass... The future of Apple is very bright." — Apple's chief executive, Timothy D. Cook
"Why oh why didn't I buy Apple stock when it was below $100." — a friend, one year ago
"Apple is DOOMED. Not buying at current prices." — same friend, today
Does it matter revenue was $50.6 billion-with-a-B, or profit was $10.5 billion-also-with-a-B? Nope. Not any more than Amazon profit matters by comparison.
Full disclosure:
I'm a former Apple executive. For financial planning reasons...
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'Apple's best days behind it'... again