Amazon strikes deal with Apple to sell iPhones, iPads
11/12/2018, 10:36:00 PMAmazon.com Inc says it will carry more Apple Inc products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales. In coming weeks, the world's biggest online retailer will sell the latest editions of Apple's iPhone, iPad and other devices in… ✔ Third-party merchants will be allowed to sell as they have been through the holiday season, while Amazon will add Apple products to its official Apple at Amazon page ✔ About 71 percent of Apple's sales in fiscal 2018, ended in September, were through indirect distribution channels like Amazon
Apple Shares Sink After iPhone Suppliers Lower Outlooks
11/12/2018, 10:32:36 PMApple shares sank further on Monday, as investors’ worries deepened about sales of new iPhones after two key suppliers for the device cut their earnings projections for coming months. ✔ What we’re going through now is a series of doubts about the balance between unit growththe number of iPhones soldand the value provided to customers, from higher prices to accessories like AirPods to services, Mr. Karim said ✔ However, he said that the more expensive XS and XS Max models that launched a month earlier were off to a really great start
Apple shares drop as iPhone's sluggish sales raise red flags
11/12/2018, 11:00:46 PMApple shares fell to their lowest in more than three months on Monday as three suppliers issued warnings on results that pointed to weakness in iPhone sales. ✔ Credit:Bloomberg The Cupertino, California company's signature product has become pricier with every new launch and analysts say that consumers, especially in emerging markets such as India, are ditching them for cheaper alternatives like those offered by China's OnePlus
Apple shares drop over signs of iPhone slowdown
11/12/2018, 11:21:34 PMApple's share price plummeted amid concern that the technology giant is cancelling production on its iPhones amid a sales slowdown. ✔ Apple's share price plummeted amid concern that the technology giant is cancelling production on its iPhones amid a sales slowdown ✔ Bank of America Merrill Lynch analysts cautioned that an expected drop in component sales to Apple did not necessarily mean that Apple was reducing iPhone production, however
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Netflix updated its app to resolve an early annoyance with Apple’s new iPad Pro
11/12/2018, 8:43:46 PMSome early adopters are annoyed by the black bars around many apps ✔ After its latest update, Netflix looks just as it should ✔ Apple has set a March 2019 deadline for all apps (and app updates) to be built using the iOS 12 SDK ✔ So while early adopters will have to put up with the bars, hopefully the March cutoff should encourage developers to optimize their software for Apple’s latest iPhone and iPad screens
DT Daily: iPhone X Problems, Single's Day Sales Records, and More | Digital Trends
11/12/2018, 9:53:10 PMOn the 15th episode of DT Daily, Digital Trends' live morning show, host Greg Nibler and guest Marie Pardo-Garber explored the biggest news stories from the world of tech. On the docket: iPhone X users get a nasty surprise, details leak about the Galaxy S10, and more. ✔ The Chinese holiday, which occurs on November 11, is a day for single people to celebrate the fact that they don’t have to spend money on date nights by spending money on themselves ✔ For more information, check out the DT Live homepage, and be sure to watch live for the chance to win a $100 Amazon gift card, among other prizes
Apple says T2 chip can limit third-party repairs for recent Macs
11/12/2018, 10:26:23 PMThe security-oriented component could make unofficial fixes impossible in some cases, although Apple doesn't appear to have clamped down yet. ✔ The T2 processes secure boot keys and Touch ID fingerprint data, and Apple likely doesn't want thieves or spies installing parts that could harvest that information ✔ Whatever reasons Apple might have for its approach, it may have to compromise in the future
Apple, Goldman Sachs send Wall Street tumbling
11/12/2018, 9:11:18 PMWall Street's major indexes tumbled on Monday as shares of Apple Inc and Go... ✔ The Dow Jones Industrial Average .DJI fell 602.12 points, or 2.32 percent, to 25,387.18, the S&P 500 .SPX lost 54.79 points, or 1.97 percent, to 2,726.22 and the Nasdaq Composite .IXIC dropped 206.03 points, or 2.78 percent, to 7,200.87 ✔ Our Standards:The Thomson Reuters Trust Principles
S&P, Nasdaq fall for third day as Apple, tech hit
11/12/2018, 9:48:21 PMundefined ✔ US stocks retreated for the third consecutive day as Apple and tech shares came under pressure and the US dollar strengthened to a 17-month high ✔ The S&P 500, Nasdaq and Russell 2000 fell for the third consecutive day ✔ The Russell 2000 also erased its gains for the year
Cramer explains the Apple-led sell-off and what could stop the declines
11/12/2018, 11:33:38 PMJim Cramer unpacks Monday's sell-off and says a combination of seven factors will help the stock market find a bottom. ✔ China Fourth, any sign that China may cooperate with the Trump administration's trade demands would give stocks a boost, Cramer said, adding that the G-20 summit at the end of the month could be the deciding factor ✔ Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram - Vine Questions, comments, suggestions for the Mad Money website
European stocks finish sharply lower; British American Tobacco PLC’s stock sinks 12%
11/12/2018, 10:29:22 PMEuropean stocks end sharply lower Monday as investors wrestle with the latest developments tied to Italy’s contentious budget plan and Britain’s negotiation’s to strike a trade pact, as that country’s leaders plot to leave the European Union. ✔ May also has been battling doubts about her Brexit leadership ✔ Stock movers British American Tobacco PLC BATS, -10.62% finished the session down 12% after The Wall Street Journal reported that the Food and Drug Administration was planning to propose a ban on menthol cigarettes ✔ We Want to Hear from You Join the conversation Comment
Apple’s Universe Should Brace for a Recession
11/12/2018, 8:34:31 PMNews from an Apple supplier hints at weaker demand for iPhones, underscoring how sales are becoming more cyclical, and raising the likelihood of a slowdown like those that periodically hit areas such as auto manufacturing. ✔ People tested new Apple products in New York last month ✔ Companies in Apple’s supply chain are feeling the pain ✔ And stories about excessive inventories will take longer to resolve themselves than in the past ✔ Cyclical stocks don’t always come back until the underlying top-line outlook improves
Tech giants continue weighing down U.S. stock markets
11/12/2018, 9:12:26 PMSell-offs of Apple, Amazon and other faves had Dow down more than 600 points and Nasdaq in negative turf for the year ✔ Advanced Micro Devices gave up 8.2 percent to $19.29, while Nvidia fell 7.1 percent to $191.01 ✔ Banks and other financial companies also took heavy losses ✔ Several big retailers are due to deliver results this week, including Walmart, Home Depot, Williams-Sonoma, Nordstrom and J.C
Apple’s Main Problem May Be Its iPhones Are Too Good, Analyst Says
11/12/2018, 9:26:00 PMIPhones are more durable now, and more expensive, increasing the odds that consumers will wait longer to replace the devices, Bernstein says. ✔ Text size Bernstein is increasingly concerned consumers are going to keep their current iPhones longer ✔ He also noted the latest version of iOS improved the performance of older iPhones ✔ Longbow Research said on Monday the firm’s checks show Apple is cutting production orders for its latest models
Buyer beware, Black Friday 2018: "Deals" to avoid at Best Buy, Target, Walmart
11/12/2018, 8:06:51 PMWhen it comes to shopping at biggest stores, consumers should avoid some offers "like the plague," expert cautions ✔ The biggest big-box retailers, including Walmart, Best Buy and Target, are expected to draw huge traffic the day after Thanksgiving, long viewed as the official start to the holiday shopping season ✔ Given the retailer sells a broad ranges of products, including electronics, pet supplies, auto parts and groceries, a gift card at Walmart is as close to cash as you are going to get, Dengler noted
Fast Asia Open: Australia business confidence, MUFG earnings
11/12/2018, 11:09:15 PMundefined ✔ The new leg down by Apple shares came after two suppliers to the company cut their forecasts, while concerns at other large companies, including General Electric and Goldman Sachs, also soured the general mood ✔ Corporate earnings reports out today include Mitsubishi UFJ Financial Group and Samsonite
Global stocks sell off as tech tumbles; dollar hits 16-month high
11/12/2018, 9:57:11 PMU.S. and European stocks fell sharply on Monday, with tech stocks in both region... ✔ NEW YORK (Reuters) - U.S. and European stocks fell sharply on Monday, with tech stocks in both regions getting hammered, while the U.S. dollar surged to its highest point in 16 months against a basket of currencies amid concern about European political risks ✔ Kinahan, chief market strategist at TD Ameritrade in Chicago ✔ European shares were lower led by a sell-off in technology stocks after earnings and M&A news from German heavyweights Infineon and SAP ✔ Our Standards:The Thomson Reuters Trust Principles
Dow ends 600 points lower, logging worst day in 3 weeks, as tech stocks, Goldman get rocked
11/12/2018, 9:16:25 PMundefined ✔ Stock benchmarks on Monday got hammered, amid a chorus of worries, including oil-price swings, worries and fears of weakening global growth ✔ Shares of Apple AAPL, -5.04% were among the biggest sources of weakness in the broader market as the iPhone maker saw a series of reports questioning its production headed into the holidays
U.S. stocks skid again on renewed fears that tech sector has run out of steam
11/12/2018, 9:24:21 PMThe Nasdaq, which has been in a pressure cooker for weeks, falls another 2.8 percent, dragging down the broader market ✔ The biggest drag on the Dow was Goldman Sachs, which was down nearly 8 percent ✔ But depending on brinksmanship between the two parties, the split has the ability to cause major problems around the government, especially around the debt ceiling and the funding of the government
Buying a Laptop on Black Friday? Avoid These Classic Mistakes!
11/12/2018, 8:37:32 PMIf you're buying a laptop for Black Friday, then you need to be careful not to make a purchase mistake! We're going over the top mistakes people make when picking Black Friday laptops, how to avoid them, and why you should always do a little online research before settling on a deal. ✔ Many shoppers will crawl out of bed early on Black Friday to pick up a new laptop at the best possible deal ✔ There are details stores may not tell, which could drastically affect your buying decisions ✔ All things to consider before pulling the trigger on a big purchase like a new laptop
Markets Live: ASX200 tumbles 80 points
11/12/2018, 11:25:33 PMThe S&P/ASX 200 are down 80 points in early trading with information technology and finance sectors faring the worst. ✔ 9:56am Despite the drought, Ruralco has beaten estimates and announced a 10 per cent increase in post-tax profit to $28.8 million for the full year ending September 30 ✔ Your editor today is Lucy Battersby (lbattersby@fairfaxmedia.com.au) with help from Fairfax journos and wires
The reasons to be bearish on the market now are swamping the bull case
11/12/2018, 8:29:15 PMThe reasons for investors to be pessimistic are beginning to pile up just as quickly as the market has been sliding down. ✔ Ralph Orlowski | Reuters Bull and bear statues outside Frankfurt's stock exchange in Frankfurt, Germany ✔ Meanwhile, the U.S. and China continue to apply duties to imports that, while not yet showing up in corporate earnings, are a concern into 2019 absent a thawing in tensions
Wall Street tumbles, S&P falls as much as 2 percent
11/12/2018, 9:49:00 PMWall Street's major indexes fell on Monday, with the S&P 500 sliding 2 perc... ✔ When you have significant shifts like that you have tons of money that’s flopping around out there, it can result in days like this where you have these kinds of adjustments going on ✔ Certainly volume will impact the thinner market and that can accentuate moves ✔ Our Standards:The Thomson Reuters Trust Principles
Okay, one final Form D note
11/12/2018, 8:21:30 PMSome more comments from readers on the changing culture around startups filing their Form Ds with the SEC, and then a short update on SoftBank and a bunch more article reviews. We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your fee… ✔ Finally and this is something that is hard to prove one way or the other the lack of disclosure may also mean that the fears around seed financing dropping off a cliff may be at least a little bit unfounded ✔ (45 page report, but with prodigious tables) Reading Docket Eliot Peper’s new science fiction novel Borderless Daniel J Hopkins’ The Increasingly United States (about how U.S. elections are more national and less local than ever before)
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