Apple

Others Are Doomed Too It Seems

So long for those who thought Apple was doomed following their revised guidance announcement. https://www.reuters.com/article/us-china-smartphone-research-idUSKCN1P20X2 [https://www.reuters.com/article/us-china-smartphone-research-idUSKCN1P20X2] See, something much bigger is happening in China that

JF Martin

Jan 8, 2019 — 1 min read

So long for those who thought Apple was doomed following their revised guidance announcement.

LG Electronics warns on revenues and profit (mobile business has lost money since Q2 2015) same day that Samsung warns on profit (smartphone biz down). Lenovo has lost money in phones since Q1 2014.
Anyway, tell me more about Apple’s problem after its second-biggest fiscal Q1. https://t.co/JluwWISAKU
— Charles Arthur (@charlesarthur) January 8, 2019

A research firm that is part of China's government just released estimates for smartphone shipments in the country. Shipments down 17% in 4Q18. Huge contraction. Suggest problems extend beyond Apple / iPhone. https://t.co/u6w9y6EgWj pic.twitter.com/32fk7YE0oc
— Neil Cybart (@neilcybart) January 8, 2019