(Community Matters) slower iPhone sales are in anticipation of new model. Not mutually exclusive . . . an astute investment friend warned me of this earlier this year, also of the availability of old phones and the resale market (potentially even more impactful on sustainability of growth?)
addt’l: But even the growth of the iPad still has not come close to dislodging the iPhone’s importance to Apple. It accounted for 46 percent of the company’s revenue in the quarter, and, according to Mr. Cihra’s estimates, about 60 percent of its profits.
Mr. Cook added that Apple would release the latest version of its Mac operating system, Mountain Lion, on Wednesday.