Apple just reported its fiscal second-quarter 2008 earnings, and well, the declines from the fiscal first quarter (ended Dec. 29, 2007) are remarkably obvious. From a revenue perspective, the year-over-year comparisons are pretty solid, but in other categories the slowdown is rather stark.
These results compare to quarterly net earnings of $770 million, or 87 cents a diluted share, on revenue of $5.26 billion in the year-ago quarter. Gross margin was 32.9 percent, down from 35.1 percent in the year-ago quarter.

