Gadgetory

the results are in and it looks like apples growth trend could be coming to an end in its quarterly report with investors apple reported a thirteen percent decrease in revenue compared to the same period last year the first time this number has fallen in over a decade and the first time iphone sales have dropped well ever and while many critics may be quick to spell doom for the Cupertino giant the reality is most companies would kill to have apples so-called problems with a revenue of 50 point six billion dollars in last quarter alone and 10.5 billion dollars in profit according to the analyst the biggest problem they face going into the third fiscal quarter is how to continue to grow a company that's already a behemoth in the industry tim cook apple's CEO insisted the company's future is still bright despite these hurdles promising more amazing innovations in their product pipeline but judging from the rumors about an iphone 7 with few physical updates this will be a tough promise to deliver on despite better ipad sales with a new pro line the iphone continues to be apple's cash cow and accounts for two-thirds of its revenue so while this may be only a dent in Apple's armor it's a trend that's likely to continue through the third fiscal quarter based on Apple's own guidance so the question is what's the next cash cow gonna be