Apple's Growth Disappears

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		Home Tech Finance Markets Politics Strategy Entertainment Advertising Retail Sports Life Tuesday, July 23, 2013 Apple's Growth Disappears Apple had just 1% revenue growth, and an EPS decline of 20% on a year over year basis last quarter. This is an incredible come-down for a company that was at triple digit growth not that long ago.  Part of the reason the growth has slowed is that at a certain point, the law of large numbers takes over, and it's hard to grow. Apple generated $35.3 billion in revenue during a quarter when it had nothing new to offer consumers. Which leads us to the other reason growth has slowed. Apple needs something new. It can't just be another iPhone, or just another iPad. It has to create the next major product category if it's going to get sales and EPS growing once again.  Read » Also On Tech Today: Woman Flips Out At Apple Store Employee After Showing Up To Genius Bar Without An Appointment Here Are The Crazy Colorful Bikes Google Employees Ride Around Campus HQ Advertisement CHART OF THE DAY: Apple's Real Earnings Expectations CHART OF THE DAY: Microsoft's Big Problem In One Chart CHART OF THE DAY: Microsoft Has Now Burned $18 Billion Online Share this: Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.jobhuntportal11@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the Tech RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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