Yesterday after the bell, Apple reported financial results for their fiscal third quarter. And although impressive, they fell below Wall Street expectations. Apple’s stock is so far down about 5%. Many would say that’s well deserved after they delivered a net income increase of only 21% – for a total of $8.8 billion.
In any case, Zoho is not responsible for Apple’s earnings miss.
Let me explain.
Over the past few months, we at Zoho have bought about 2,000 devices for our employees – computers, phones, tablets. Yes, all of them Macs, iPhones and iPads. Although that’s one big order, that’s of course a drop in the bucket for Apple. In any case, we didn’t do it to help Apple either. So why?
Well, we did it for two reasons:
First is that we’re on a quest to create products with better look, feel and usability.…

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