Apple admits to middle age truth: It's finally slowing down
By any measure, Apple's supercharged 2012 is making this year pretty tough. So much so that CEO Tim Cook in effect cautioned Wall Street analysts against making comparisons.
"Fiscal 2012 results were incredibly strong, and that's making it difficult," Cook said on Apple's second-quarter earnings conference call, rattling off all that made last year so good: high growth, high demand, fatter gross margins, and historically low costs for components.
And yet that's what investors do: They make comparisons to prior years and make a bet on the stock based on what the future looks … Read more
