Think again: Apple will likely recover from its slump in iPhone sales

News Snapshot:

Apple Inc faced a significant challenge recently: declining iPhone sales. This trend, a stark contrast to the company’s record of rapid growth and dominance in the global smartphone market, raises critical questions about the future of one of the most iconic products in consumer electronics. A recent Bloomberg article highlights Apple’s woes, listing 10 reasons why it is in trouble (bloom.bg/3wKhj1z). I will touch on some of these, but also address some critical strengths Apple has that seem apparent but need analysis through an alternate lens. First, the article. It states that demand for the iPhone has declined globally, primarily...