Apple Stock Is Falling As People Worry About Whether It Can Grow iPhone Sales Any More
11/2/2018, 4:48:04 PMApple shares fell on Friday after the company said it would no longer report unit sales of iPhones, iPads and Macs. ✔ In the three months ending in September, Apple sold 46.9 million iPhones, about the same as a year ago, while sales of iPads and Macs fell 6% to 9.7 million iPads and 2% to 5.3 million Macs ✔ It is also rolling out its new line of iPhones, which come with big price tags: iPhone Xs and Xs Max start at $999 and $1099, and the iPhone Xr costs $749
Apple Will Not Report iPhone Sales Figures Anymore, Stock Sinks
11/2/2018, 7:06:09 PMApple will not report iPhone unit sales anymore and the stock market reacted negatively. ✔ Every indication points to new iPhones costing $1,000 or more for the foreseeable future ✔ Maestri said Apple might give sales data when it feels it is necessary ✔ Amazon’s forecast for the upcoming holiday season was lower than expected ✔ Apple, meanwhile, reported a year-over-year revenue increase of 20 percent
Apple stock tumbles on iPhone sales worries, but analysts aren't that rattled - Los Angeles Times
11/2/2018, 5:54:24 PMApple stock tumbled more than 7% on Friday morning, dragged down by the tech giant’s report of weak iPhone sales growth and its announcement that it will no longer disclose the number of iPhones, iPads and computers it has sold each quarter. ✔ Shares were down 7.3% at $205.90 around 10 a.m. Pacific time ✔ Although some analysts believe the sell-off is a short-term issue, they expressed concern that the decision to stop disclosing unit sales metrics might reduce transparency at a time when investors in tech stocks are already jittery ✔ We believe Apple is simply trying to change the focus towards the overall installed base and services revenue per user
Apple Is Selling More Expensive iPhones, But Why Are Sales Slowing?
11/2/2018, 6:35:55 PMApple has seen a 7 percent decrease in it share price due to slowing iPhone sales in both the U.S. and global markets. ✔ Apple’s (AAPL) fourth-quarter earnings are in and while it beat investor estimates, the company showed a 7 percent share decrease despite increasing the cost of its iPhones to boost sales ✔ With a stagnant growth market for its iPhones, Apple is transforming its business into a service-based model by focusing on subscription services for its 2 billion users
The ‘smart money’ is staying neutral on Apple
11/2/2018, 5:11:24 PMMomentum money flows are negative, but the smart money is shrugging off Apple’s decision to no longer disclose iPhone unit sales. ✔ I also stated that tech stocks were likely to be the big beneficiaries of a market rally ✔ Please see How one investor sidestepped this week’s stock-market decline ✔ Nigam can be reached at Nigam@TheAroraReport.com We Want to Hear from You Join the conversation Comment
Elon Musk says Apple doesn't really 'blow people's minds' anymore
11/2/2018, 5:27:36 PM"I still use an iPhone and everything," Musk said. "But Apple used to really bring out products that would blow people’s minds, you know?" ✔ Elon Musk said in a new interview that Apple's products don't blow people's minds anymore ✔ I don't think people are necessarily running to the store for the iPhone 11, Musk said ✔ But I think with Tesla, we really want to make products that people just love, that are heart-stopping ✔ You can listen to the entire interview over at Recode
Wall Street reverses three-day rally as Apple falls, trade optimism...
11/2/2018, 7:05:04 PMU.S. stocks were on track to snap a three-day rally on Friday after White House ... ✔ The Dow Jones Industrial Average .DJI fell 164.96 points, or 0.65 percent, to 25,215.78, the S&P 500 .SPX lost 23.35 points, or 0.85 percent, to 2,717.02 and the Nasdaq Composite .IXIC dropped 93.14 points, or 1.25 percent, to 7,340.92 ✔ Our Standards:The Thomson Reuters Trust Principles
Apple drags stocks lower as high-dividend companies also slip - Los Angeles Times
11/2/2018, 5:45:52 PMU.S. stocks are slipping Friday as a big loss from Apple drags down technology firms and an increase in interest rates hurts high-dividend companies. Apple, the world's largest technology company, forecast weak revenue and said it will stop disclosing quarterly iPhone sales. ✔ The tech giant also surprised investors by saying it will no longer disclose the number of iPhones it sells each quarter ✔ The maker of Oscar Mayer meats, Jell-O pudding and Velveeta cheese said that costs grew and that it's continuing to make major investments in its business ✔ Benchmark U.S. crude fell 0.9% to $63.14 a barrel in New York
Apple is getting crushed – here's what market experts have to say about the move
11/2/2018, 5:54:07 PMApple is on pace to post its worst day in more than two years on the back of its fourth-quarter earnings report. This is what market experts have to say about the move. ✔ The way they did it was a gut punch I mean, to come out of left field 90% of the way through the conference call ✔ Bottom Line: Apple's decision to withhold unit numbers will be a significant catalyst moving forward, but the company's overall strength should keep any resulting downside limited
Why Apple's stock is down, pushing market value below $1 trillion
11/2/2018, 7:43:47 PMThe company's shares slumped after the tech giant said it will no longer disclose its iPhone unit sales ✔ Yet just three months later, the company spooked investors by announcing it wouldn't disclose the closely watched iPhone sales figure ✔ The unexpected change raised suspicions that Apple might be trying to mask a downturn in the phone's popularity ✔ The company says the quarterly numbers and prices didn't necessarily tell investors how strong its business has been
Wall Street lower as Apple drag outweighs trade, jobs data boost
11/2/2018, 4:20:02 PMU.S stocks gave up early gains to trade lower on Friday, after Apple's disa... ✔ The prospect of higher borrowing rates was one of the factors, along with tariffs and slowing global growth, that triggered a tumble in the stock markets last month ✔ At 11:38 a.m. ET, the Dow Jones Industrial Average .DJI was down 109.09 points, or 0.43 percent, at 25,271.65, the S&P 500 .SPX was down 18.68 points, or 0.68 percent, at 2,721.69 ✔ Our Standards:The Thomson Reuters Trust Principles
'I like what they did': Cramer blasts Apple analysts for crushing the stock over a metric change
11/2/2018, 4:53:51 PMCNBC's Jim Cramer issues a sharp rebuke of Apple analysts for slamming the tech giant over its decision to stop breaking out device sales. ✔ Cramer defends Apple against a Wall Street onslaught 1 Hour Ago | 03:54 CNBC's Jim Cramer on Friday issued a sharp rebuke of analysts who cover Apple for slamming the tech giant over its decision not to break out device sales anymore ✔ While acknowledging that Apple could have given investors more of a heads-up on the metric change, Cramer also said he's loathe to criticize the greatest company ever
It’s not your imagination: Phone battery life is getting worse
11/2/2018, 6:30:33 PMDespite some notable exceptions, many 2018 smartphone batteries can’t keep up. Here’s why — and what we can do about it. ✔ Sure, and you haven’t stolen any of the kids’ Halloween candy ✔ Unlike me, it also saw a big battery life hit to the Pixel 3 XL versus the Pixel 2 XL ✔ Fowler: The explosive problem with recycling iPads, iPhones and other gadgets: They literally catch fire ✔ Hands off my data! 15 default privacy settings you should change right now
This is how much your smartphone really costs over a lifetime
11/2/2018, 5:32:27 PMNew data says over the course of 60 years, an average person will shell out $75,000. ✔ Harvard Law School Distinguished Fellow Vivek Wadhwa on the future of Apple and Google employees staging a walkout ✔ And, with the average selling price of a smartphone at $567 per model, the total expense for 22 phones would be $12,474 ✔ • 10 years: $12,559 • 20 years: $25,118 • 30 years: $37,677 • 40 years: $50,236 • 50 years: $62,795 • 60 years: $75,354
Samsung's Dominance Slips Further As Phone Market Slumps 6 Percent | Digital Trends
11/2/2018, 4:06:31 PMSamsung has seen a drop in global sales in the third quarter of 2018, according to a report from the IDC. While the Korean company is still the undisputed top dog, an overreliance on flagship models and a lack of strong midrange and budget options could spell further trouble in certain markets. ✔ However, Samsung is looking to alter that by offering more feature-packed midrange options like the Galaxy A9 ✔ After passing Apple to become the second-largest phone manufacturer, Huawei’s reach has grown by another 32.9 percent for a total of 52 million sales in this quarter ✔ However, it might not be forever, and the IDC predicts growth will return in 2019
Barbra Streisand Was On Carpool Karaoke And Revealed She Once Called Steve Jobs For Tech Support
11/2/2018, 4:48:05 PM"He actually blamed it on Microsoft." ✔ The legendary Barbra Streisand appeared on The Late Late Show with James Corden Thursday, and participated in one the host's most memorable carpool karaoke segments to date ✔ But the songs were just a small feature of the segment, which doubles as a singalong and interview ✔ I said, 'Why can't we erase a bad address, Streisand said she asked Jobs
Weekend roundup: Be careful with marijuana stocks | 10 years of bitcoin | Stock dividend cuts
11/2/2018, 4:46:29 PMAlso a map of U.S. gun incidents and how to handle your investments during a rough time for the market. ✔ Related: The push for legalizing marijuana in the U.S. will soon run out of steam 2 ✔ But here are two strategies that may work if you wish to prepare for a bear market: • Your seven-point guide for the next phase of the stock market • A simple way to beat a bear market 7 ✔ We Want to Hear from You Join the conversation Comment
Cryptocurrency trader, 21, robbed by machete-wielding gang after bragging about luxury holidays, shopping sprees and nights out on Instagram
11/2/2018, 4:19:41 PMA CRYPTOCURRENCY trader was robbed by a machete-wielding gang after bragging about his lifestyle on Instagram. Kieren Hamilton regularly posted photos of himself online on luxury holidays, nights o… ✔ Fricker, who has 75 offences on his record, was arrested on June 7 this year while driving a stolen car ✔ Sentencing him Judge Stuart Driver QC told Fricker: You and another man invade a family home where you believed there would be a haul for you to steal ✔ There is blood all over the house, it looked like a massacre ✔ I don’t think they’ll go back, it was such an ordeal
Best week since Dec 2016 for European shares as trade hopes fuel rally
11/2/2018, 5:18:48 PMEuropean shares had a third day of gains on Friday after U.S. President Donald T... ✔ Other luxury stocks such as LVMH (LVMH.PA) and Moncler (MONC.MI) also climbed 3.3 and 5.5 percent ✔ Europe’s tech stocks .SX8P rose 1 percent, shrugging off Apple’s (AAPL.O) disappointing results which drove the iPhone maker’s shares down 7 percent ✔ Our Standards:The Thomson Reuters Trust Principles
Best Cyber Monday deals for 2018 on the high street and online
11/2/2018, 4:32:41 PMIf you miss out on Black Friday deals, don't fret, Cyber Monday offers a second round of discounting from major retailers ✔ Boots - gift sets, beauty, personal electrical goods and health items will all feature in the chain's discounts ✔ It’s all very well being enticed by a product with a £200 discount but it may still be very expensive and it might not be quite what you are looking for
Razer Phone 2 review
11/2/2018, 4:41:16 PM4/5 for gamers, 3.5/5 for everyone else ✔ The power key also houses the fingerprint scanner, which works quickly and accurately ✔ In spite of this, though, Razer’s decision to go with 16:9 was still, in our opinion, a big mistake ✔ Side by side in a shop, alongside even last year’s Samsung Galaxy S8 Plus, which you can pick up for £370 less, it just looks old
In sweeping interview, Elon Musk says Tesla will be cash-flow positive ‘all quarters going forward’
11/2/2018, 5:44:49 PMUp until September, it was do or die for Silicon Valley car maker, Elon Musk says. ✔ Related: Teslas will soon ‘follow you like a pet,’ Elon Musk says Tesla can’t get complacent, but making 5,000 Model 3 cars in a week is now not a big deal for the company, he said ✔ Claudia Assis Claudia Assis is a San Francisco-based reporter for MarketWatch ✔ We Want to Hear from You Join the conversation Comment
Teachers love Google's free education products, but worry they're being lured into a more sinister plan
11/2/2018, 5:58:02 PMThe software is completely free and Chromebooks are deeply discounted for classrooms. ✔ But then Google entered the fray, and in a big way ✔ They know there's a manipulation at work, they are aware that there's a manipulation, but no one really knows to what end ✔ He added, But while we ponder these overarching questions, teachers still have to get things done
RED Hydrogen One review
11/2/2018, 6:15:52 PMThe RED Hydrogen One is not really a smartphone, it's a camera that also happens to be a smartphone. This makes sense to me intuitively, because when I use smar... ✔ The good news is that since the 2D pictures are pretty good the 3D pictures should be too ✔ And since the Hydrogen doesn't include any meaningful filmmaking perks like awesome colors, real-time grading, or granular shooting options, there just doesn't seem to be a real value proposition ✔ And given the fact that RED isn't offering anything more to mobile content creators than an isolated 3D experience, I can't recommend it
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