Apple faces hurdles in 2016: podcast

Billionaire investors Carl Icahn and Warren Buffet have come out on opposite sides of Apple’s stock in recent week. USA TODAY’s Matt Krantz takes a look at the potential upsides and downsides of tech giant. Tim Barajin, the founder of Creative Strategies, a San Jose based market research firm.(Photo: Jefferson Graham) SAN FRANCISCO — It’s open season on Apple. At least that appears to be the sentiment among some investors and industry pundits after the venerable company recorded its first decline in year-over-year quarterly sales in more than a decade, low-lighted by a 16% drop in iPhone sales (51.2 million) — It’s first decline since the smartphone debuted in 2007 — and an 11% decline in sales in China. The forthcoming iPhone, expected in September, could allay fears. But it might be a temporary band-aid, further underscoring concerns. One…

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