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After setting iPhone record, what does Apple do next?


SAN FRANCISCO (AP) — Apple CEO Tim Cook says consumer demand for new iPhones has been “staggering” and “hard to comprehend.” That helped the company report record-smashing earnings for its latest quarter and primed its stock for a rally Wednesday.


But after selling a record 74.5 million iPhones in three months that ended in December, what can Apple do next?


Some analysts worry that Apple depends too much on the iPhone, which contributes two-thirds of its sizable revenue — leaving the company vulnerable if some other gadget comes along to replace the iPhone in popularity. Cook and Chief Financial Officer Luca Maestri, however, say they’re optimistic about other products in Apple’s portfolio. Here’s some of what they talked about on Tuesday.



  • 3 months later...
Posted

You have shares in Apple?

Devices are important but the software development side of it is what makes them even more attractive to use and want to own.

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