Inside Apple earnings: New products key to boosting sales
Editor’s note: Beau Skonieczny, an Analyst in the Computing Practice at Technology Business Research, offers his views on Apple’s latest earnings and prospects moving forward. HAMPTON, N.H. – The 2Q13 marked a transition quarter for Apple (Nasdaq: AAPL) as the company is poised to launch new products in the fall of 2013 to help boost sales. While the company is encountering growth and margin pressures from multiple factors such as saturation in the premium device space, price competition from Android vendors and a weakening global PC market, we believe Apple will continue to exploit its sticky ecosystem of software and services...
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