For Whom The App Dings
On Wednesday Apple reduced
its quarterly revenue projections by about $5b based on sluggish iPhone sales in China. They’re still on track to bring in $84b in ONE QUARTER, so let’s not pull the fire alarm on a 5% drop just yet, but since Apple is Apple, let’s dive in. The key question is whether iPhone sales are leveling off. And if so, what comes next? Apple is important not just because they sell iPhones to the whole world – they were the catalyst
for tech’s “Cambrian explosion.” Uber, Spotify, Instagram, and Tinder could not exist were it not for the iPhone. If this current epoch is coming to a close, what is the next catalyst?.