Apple is sitting on $146 billion. It’s a lot of money. It’s not all necessarily within arm’s reach and (now) a huge chunk of it is going to investors, to the tune of an additional $50 billion, but there was some bad news on Apple’s earnings call today. That they made less money year over year is simply a sign of their times, but the worst news came when Tim Cook announced they won’t have any new products until at least September. I’m not even an Apple fan, but yish.
Remember this year’s iPad refresh, traditionally in March? Yeah, that didn’t happen, but this was still the second-best quarter for iPad sales ever. You know that rumored (yeah, I know, rumored) iPhone 5S due out this summer? Nope, not that either. Looks like we’re going to see all of Apple’s forces align in September, unless something slides into an eighteen month window like the iPhone 4S or the fifth-generation iPad did. Scarier still, Apple might be crowding their September stage because they still have no actual new product to offer. The company’s already in “trouble”, but if all they have to offer this year is a new iPad and a new iPhone, then they are in trouble.