Beneath the headline noise of Apple (AAPL) reporting $111.2 billion in revenue and $2.01 in diluted earnings per share for the March 2026 quarter lies a profound timeline mismatch. The market is naturally focusing on the 22 percent year-over-year surge in iPhone revenue, which reached a record $57 billion, driven by the iPhone 17 hardware cycle. However, this hardware success is merely the top of the funnel for a much more defensive financial maneuver. With the active installed base officially c
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