Amid talk of ‘peak iPhone’, Apple’s prospects hinge on new smartphone

For many analysts, the company’s immediate future rests with iPhone 7, which Apple is expected to launch in September. Ask Siri if iPhone 7 will be the answer to Apple Inc’s problems, and you’re told that a visit to Apple’s website should answer that question “and more”.
If only it was that easy.
Apple’s shares were down 8 percent at $95.80 in premarket trading on Wednesday after the company reported its first-ever fall in smartphone sales, arousing tal