This is Quite a Bashing for the Apple Giant!

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After years of blowout quarters and impressive financial results, analysts who cover Apple Inc. are forecasting the tech giant will report almost no revenue growth for the first time since the iPhone’s debut six years ago.
 

With new products not expected until fall at the earliest, and forecasts predicting a second consecutive quarter of earnings decline, the company’s third-quarter results will likely serve as further proof that a decade-long streak of financial ascendance is over.

With new products not expected until fall at the earliest, and forecasts predicting a second consecutive quarter of earnings decline, the company’s third-quarter results will likely serve as further proof that a decade-long streak of financial ascendance is over.