Apple has reported earnings and iPhone Sales are flat--as it has been the forecast. It has still posted record revenue and profits--but the future viability remains. As it was noted, Apple is so big that it is the "new GM". The saying used to be, as GM goes so goes America. As Apple now is 7% of the S & P 500, it underscores the simple fact that as #Apple goes, so goes the World. Suppliers have already reported cutbacks in orders and layoffs have been occurring throughout China. There is also what Apple calls "Other Products"--which has had record revenues.
How far the World has come since this iconic Picture in 2007:
How far the World has come since this iconic Picture in 2007:
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