Apple Profit Dip Shows iPhone Maker Isn't Immune to Market
Forces  By Wayne Rash  |  Posted 2013-10-29  Apple Profit Dip
Shows iPhone Maker Isn't Immune to Market Forces  It's important
to note at the beginning that Apple is not in any financial
distress. The company enjoyed profit margins that are the envy
of the tech industry, and sales that appear to be heading for
the stratosphere.  The only people who are disappointed at
Apple's quarterly results are those who live in some sort of
fantasy world in which profits, margins and stock prices keep
rising indefinitely. Most companies would do anything to have a
37 percent gross margin.  Of course that fantasy world is called
Wall Street, and it's populated by analysts who apparently never
studied economics in school and seem to think that the business
world exists as they want it to be (which means making
themselves and their employers even richer than they already
are) instead of as it really is.  The facts of Apple's economic
existence are that the company ha