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April 27, 2016 07:54 pm GMT

Apple needs a new killer product, and it can't be another iPhone

Timcook

Okay, that was a bad quarter, Apple.

I know, Apple is held to a higher standard. The company makes $50 billion and there’s panic in the streets. I don’t think there’s cause for panic, but concern — even alarm — is warranted.

The trend line that’s been clear on the iPad for nearly three years has finally infected the iPhone. Apple’s sure-thing product category has succumbed to a variety of headwinds, including market saturation (something Apple CEO Tim Cook seemed to admit with his comments about the smartphone market slowdown), a fickle international market and crazy currency fluctuations.

More about Apple Tv, Mac, Ipad, Iphone, and Apple

Original Link: http://feeds.mashable.com/~r/mashable/tech/~3/URtsPB8i1ek/

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