China coronavirus shows how much Apple still depends on iPhone

Apple’s earnings warning due to the China coronavirus affecting iPhone production is an unfortunate reminder that, for all of its work to change investor perceptions over the past few years, working to remove the “hardware company” valuation discount, Apple remains “the iPhone company” in the eyes of some.
Alex Webb for Bloomberg:Leaks purport a Navy Blue iPhone 12 ProFor much of its six-year reign as the world’s biggest company by market capitalization throug