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Apple Gives Profit Warning

12:11 pm on Jan 3, 2019 (gmt 0)

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In a rare step for the company, Tim Cook, Apple's CEO, published a profit warning to investors.

It blames a number of factors, including exchange rates, product launch timings, supply constraints, and "economic weakness in some emerging markets."

It doesn't specifically mention it, but, I do wonder how much impact the new iPhone price is affecting upgrades. I suspect there's a price point that's been reached with these so-called, flagship phones as people hold off upgrading. That'll apply to any company producing flagship phones on a similar price point, imho.


We'll have to wait for January 29 for the figures.

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