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April 24, 2013 02:18 am GMT
Original Link: http://feeds.mashable.com/~r/Mashable/~3/2LZs5vVNbVE/
The Incredible Shrinking Apple
Apple had a good day. The market cheered the company's fiscal second quarter results despite the fact that the company's year-over-year profits declined for the first time since 2003
However, the big picture for Apple isn't as rosy. The company's stock price is down about a third over the past six months, Apple has lost its designation as the world's most valuable company and margins are on a downward trend. Apple's share of the worldwide smartphone market is 20% vs. 70% for Google's Android. Apple still has a commanding lead in tablets, but, if the fate of the iPhone is any guide, then the iPad's lead should also winnow away over time. Read more...
More about Apple, Opinion, and BusinessOriginal Link: http://feeds.mashable.com/~r/Mashable/~3/2LZs5vVNbVE/
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