When Apple announced a blowout first quarter last week, with a 50% surge in profit on strong iPhone and Mac sales, there was only one small cloud diminishing the radiance of its earnings: iPhone sales had actually fallen just shy of analysts’ expectations, at 8.7 million versus 8.8 million. Some analysts had forecast as many as 10 million of Apple’s signature device would be sold in the quarter.
Source:Mobile Marketing Daily: iPhone Not Invincible
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