What we learned from Apple’s Q2 earnings call

This year’s extra-long iPhone rumour cycle is affecting demand, and five other things we learned. Jason Snell reports

As we saw on page 4, Apple recently announced its latest corporate earnings, a relatively flat quarter that still brought in $11 billion in profits. As always, if you look beyond the raw numbers on its reports and listen to its hour-long phone call with select Wall Street analysts, you can get some interesting perspective on where the company is going.