The results of Apple's June quarter were out. Let's see what analysts have to say regarding the report.
Apple was doing good in the emerging markets. "Apple continued to achieve relative success in emerging markets," said Beau Skonieczny of Technology Business Research.
Several analysts expected new product launches this year if the company wanted to earn and drive growth. "With September quickly approaching, this could be the start of a string of new product announcements that increase investor confidence in Apple's ability to return to EPS growth next year," Walter Piecyk of BTIG noted.
Charlie Wolf of Needham said that although Apple was working on wearable devices, he did not anticipate products under the new category to launch this year. "The ongoing risk ... continues to be whether the company can innovate at the same pace and with the same disruption that occurred during the Steve Jobs era. We are approaching a point when an answer might be forthcoming."
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