Last quarter, I said that Apple the China Mobile deal and the growth in China would make for a better quarter for Apple this go round. Moreover, despite the negativity we heard before the earnings report about Tim Cook, Apple is a well-run company which executes its vision quite well. There is nothing wrong at the executive leve;/ And Apple will continue to be a cash machine which holds its own in existing markets. The problem for Apple is growth. They are so big that they need massive new markets to continue growth. Some thoughts on the numbers below.
I disagree with the Jay Yarow article that says Tim Cook is blowing it and I am not even an Apple fanboy. The article suggests that Apple was a great innovative company under Steve Jobs but is now a dull, boring and slow giant under Tim Coo...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.