The third quarter is traditionally a low-performing one since many tech fans are waiting patiently for Apple to launch the next-generation gadget, which traditionally launches at the end of the fourth quarter. Today, Apple announced third quarter results for fiscal year 2014 and the numbers are lackluster, at best.
Apple exceeded revenue across the board from the same period last year in all categories except iPod and iPad. The iPad performed lower from the same period last year and from last quarter. Unfortunately, Apple appears to be experiencing stagnation when it comes to the tablet line. Too many people are waiting for the next big thing.