Yesterday's quarterly earnings report from Apple was mixed. And, oddly, how one views the news depends a lot on one's biases. The naysayers point to the fact that Apple's earnings per share declined compared to last year's March quarter — the first time in 10 years Apple has seen a decline. Apple boosters, on the other hand, saw a lot to like, including record year-over-year iPhone and iPad sales, and record revenue from the iTunes Store. Apple is clearly still growing and expanding its markets and services. And Tim Cook was resolute. Bully for him.
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