Now that Wall Street has, as usual, run off half-cocked over apparent flattening of iPod sales, the pundits are at it again. Has Apple’s luster begun to fate? Are iPod sales destined to tank? What’s Apple’s next great thing and will it arrive in time to halt the renewed  atmosphere of gloom and doom for [...]

By nearly any estimate, Apple is doing extremely well these days. For the fiscal quarter ending June 30th, for example, they beat the street once again, reporting record earnings of $5.41 billion, with a net profit of $818 million or $.92 per diluted share.
In contrast, last year’s quarterly results totaled $4.37 billion, with a quarterly [...]