NEW YORK ( TheStreet) -- Apple ( AAPL) and Microsoft ( MSFT) have both had recent stellar smartphone moments, with Apple releasing an iPhone OS 4 update last week and Microsoft unveiling its two Kin phones yesterday. (The Kin One is pictured below.)
More entrepreneurs are starting businesses, according to a recent report from the Kaufmann Foundation. It's great news, but there are still long-term concerns.
Many analysts are still forecasting Apple's sales will be down annually in the December quarter. Given healthy iPhone 7 demand, however, those estimates are likely to change.
Apple might have some ways to differentiated its rumored home speaker. But competition will still be stiff, and the addressable market modest for a company of Apple's size.