Apple in its latest results revealed a rare if minor disappointment in its iPhone shipments that could see it drop its lead in smartphones for a quarter but a possible record in the next. The company's 17.07 million iPhones were a 21 percent climb over last summer but were a 16 percent drop from where they were in the spring. No explanation was given for the sequential drop, although it likely reflects some customers holding off ahead of the iPhone 4S, which just shipped last week.
