Tag Archives: Immunity

Apple Earnings Show Growing Immunity to Smartphone Malaise

Apple’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown. The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business. A new $100 billion (roughly Rs. 6.68 lakh crores) stock repurchase plan and ... Read More »