Analyst: Apple's poor earnings will recover now they've switched from innovating to rent-seeking

Apple just had a really poor Q3 earnings report, with hardware sales falling off as people figure out that they just don’t need to get a new phone every year or so; writing in Bloomberg, Leonid Bershidsky tries to soothe investors by pointing out that Apple is still seeing growth in “services” and that there’s … Continue reading Analyst: Apple’s poor earnings will recover now they’ve switched from innovating to rent-seeking