Moskowitz assumes that the company's best hardware days are behind it.
With last quarter's $50 bump, the iPhone's average selling price may have reached its natural limit.
Apple's 'Pizza Hut pagoda' architecture
7 years ago

Fired up Australians deliver the cruelest cut.
Jim Cramer thinks Apple is at its best when the analysts are at their worst.
Read More Cramer: It takes a village to be this wrong about Apple
From a note to subscribers posted Tuesday by Loup Venture's Gene Munster.
Read More Munster: Upbeat forecasts from 2 iPhone X suppliers
"Apple’s $350 smart speaker has a sensational voice but needs to work on its brain." -- WSJ
Apple's smart speaker, arriving Friday, is the best answer yet to the question "why Apple Music?"
It's like watching my parents fight.
Read More Katy vs Toni: Pulling Apple in opposite directions
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