Asia Braces For A Punch As Apple’s Net Income Falls

Apple’s surprise 26% drop in net income through March this year isn’t just a chilling signal that the global smartphone market has become saturated, pinching even the normally resistant iPhone. Market researchers have forecast saturation for the past three or four years as enthusiasm for new devices tapers in China and the West. The scion of the Silicon Valley’s unusual net income decline, from $13.6 billion in the first three months of last year to $10 billion in the same period this year, foreshadows a loss of business for a list of flagship Apple partners crucial to the economies of China, Japan, South Korea and Taiwan.

from Forbes – Tech http://ift.tt/1YSVZKk
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