In this thread: lots of people making unfounded assumuptions and drawing dumb conclusions when anyone who has been paying attention knew this was coming as <i>Apple even said so last quarter</i>.<p>The last year quarter was buoyed by previous quarter supply constraints causing a lot more sales in many categories and products.<p>It&#x27;s not that this quarter was bad (it was fine) it&#x27;s that last years quarter was SO GOOD and last quarter had no major supply constraints that we see this.<p>Basically - Apple has got so good at the supply chain it&#x27;s hurting their numbers for quarters with no new releases.<p>But sure, start speculating about [insert your favorite phone] and writing screeds about phone subsidies&#x2F;performance&#x2F;innovation&#x2F;whatever. It won&#x27;t be right... but you&#x27;ll feel better I guess.