Steve Jobs

Apple reversed its iPhone slump. But what's next?

Apple reversed its iPhone slump. But what's next?

Apple has snapped out of the first sales slump in the iPhone's decade-long history, although the modest upturn doesn't mean that it has broken out of its innovation funk. 

If anything, the numbers Apple released Tuesday highlight the company's growing dependence on the iPhone, whose sales tower above Apple's other offerings. The company hasn't managed to come up with another breakthrough product since its chief visionary, Steve Jobs, died in 2011. 

Meanwhile, Apple's rivals have been rolling out new products in other promising fields such as augmented reality, virtual reality and artificial intelligence. Apple trails in those areas, although many analysts believe the...

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