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The worst of Apple's iPhone slump might be over (AAPL)

Business Insider - 10 Mar 2016 16:10
The worst of Apple's iPhone slump might be over (AAPL) REUTERS/Robert Galbraith When Apple last reported quarterly earnings, it adjusted its revenue guidance for 2016 down, suggesting that its incredibly profitable iPhone business had peaked. Now, according to supplier checks performed by Wall Street analysts, it looks as if Apple has already gotten past the worst of its slump. The companies that provide parts to Apple have suggested they are producing as much as ever. From a report by Credit Suisse: The CS Asia Tech Team has noted that the iPhone s...
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