As iPhone turns 10, worries grow over Apple's future
Ten years ago this week, Steve Jobs took to a stage in San Francisco to unveil the iPhone. In the intervening decade, Apple's iconic device has revolutionised the way people communicate.
But as Apple celebrates 10 years since the iPhone was revealed to the world - it went on sale six months later, in June 2007, and has since sold more than a billion units - there is a growing view that things are not as ship-shape at the world's most valuable company, as measured by market capitalisation, as perhaps they could be. The wheels aren't coming off (not yet, anyway), but some analysts and Apple watchers have begun fretting that the company has taken its eye off the ball. They fear that without Jobs at the helm it has lost its edge, especially on innovation. The problem, they argue, is not so much the iPhone - which, in the most recent fiscal quarter, accounted for more than 60% of total revenue (such over-reliance on one product is an obvious risk) - but that the businesses that used to sustain it, like the Macintosh computer line, have become an "afterthought". The Mac Pro, aimed at the professional market, for example, hasn't been updated since 2013. And the new MacBook...
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