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Six Reasons to Stay Worried
The Compound and Friends
The iPhone's Slowdown Is Not Without Precedent
The iPhone, which is their crown jewel, it's like almost half of their revenue. Year over year, lastly quarters, down to up to down eight. So for a total of, this is year over year sales, negative one, negative three, negative five. This is not growing. Should a company in the world traded premium? Yeah. But should it trade at a premium when it's already a $3 trillion market cap? I don't know. That's not what I'm talking about. It's did this in 2019, did this in 2016,. and then it created the, you know, 10% of the billion dollar category.
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