Apple: next act

Apple’s quarterly results were once again a bit of theatre. The technology company turned in routinely exceptional results, this time due to heavy demand for its computers. Its executives talked about exciting prospects for new gadgets that are just rolling out. And as usual, the company cautioned that next quarter’s sales and earnings probably won’t be as great as analysts expect. But the curtain barely lifted an inch on the most anticipated part of the show – how the iPhone is affecting Apple....