From The BBC
Apple has reported the slowest growth in iPhone sales since the product's 2007 launch and warned sales will fall for the first time later this year.
The US tech giant sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago.
Apple said revenue for the next quarter would be between $50bn (£34bn; €46bn) and $53bn, below the $58bn it reported for the same period a year ago.
This would mark Apple's first fall in revenues since it launched the iPhone.
The smartphone is pretty much done. I've got a HTC One that is nearly 2 years old, and there's nothing compelling about any upgrades to it. So, the phones are pretty much a mature tech, like PCs and cars and bicycles. Yes, they'll be minor improvements, but the big changes are done. It's like how cars are a bit more efficient over where they were in the 80s, but that's nothing like the leap from the 1950s.
It also means that there's a ton of cheap, capable phones now. The Moto X is a great phone for £200. OK, not as good as an iPhone 6, but for most people they'd see what it does and declare it good enough. Can Apple keep on selling £500 phones if the £200 ones are good enough?
Debate Magazine
