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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.

[apple.com...]

We'll have to wait for January 29 for the figures.
2:52 pm on Jan 23, 2019 (gmt 0)

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Hasn't made me sell :D
2:36 am on Jan 24, 2019 (gmt 0)

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Gotta ask ... how many car drivers are interested in Rolls Royce for their day commute?

How many bells and whistles is too many?

Why is the sky blue?

Once intended function has been achieve (over-achieved) there is a point of diminishing returns. iPhones, in general, are over-built for what people actually use a mobile device to accomplish.

Not surprised Cook provided some advance notice to the shareholders!