The Very Good News Buried in Apple’s Dismal Results

For [f500link]Apple[/f500link] bears, there was plenty to feast on in the company's latest financial report. Revenue fell again–this time by 15%–the first time since 2002 that Apple has faced two straight quarters of shrinking sales. Shipments of Macs, iPads and iPhones were all below last year's figures. iPhones alone, which recently made up nearly two-thirds of Apple's revenue, slid by 23%. Even worse, Apple said its revenue would fall year-over-year for a third straight quarter.