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Apple Posts Record Quarter Despite Lower iPhone Sales, China Challenges

Apple Posts Record Quarter Despite Lower iPhone Sales, China Challenges
A pedestrian walks by an Apple Store in Berkeley, Calif. Justin Sullivan/Getty Images
Panos Mourdoukoutas
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News Analysis
Panos Mourdoukoutas
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”