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# Others Are Doomed Too It Seems
- URL: https://numericcitizen.me/others-are-doomed-too-it-seems/
- Published: 2019-01-08T13:16:48.000Z
- Updated: 2023-03-23T16:48:10.000Z
- Description: 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
- Author: JF Martin
- Tags: Apple, Technology, Economy, #wp, #wp-post, #Import 2023-03-23 12:41, #numericcitizen

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](https://t.co/JluwWISAKU?ref=numericcitizen.me)
> 
> — Charles Arthur (@charlesarthur) [January 8, 2019](https://twitter.com/charlesarthur/status/1082618866721800193?ref%5Fsrc=twsrc%5Etfw&ref=numericcitizen.me)

> 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](https://t.co/u6w9y6EgWj?ref=numericcitizen.me) [pic.twitter.com/32fk7YE0oc](https://t.co/32fk7YE0oc?ref=numericcitizen.me)
> 
> — Neil Cybart (@neilcybart) [January 8, 2019](https://twitter.com/neilcybart/status/1082625076904763392?ref%5Fsrc=twsrc%5Etfw&ref=numericcitizen.me)

[https://www.reuters.com/article/us-china-smartphone-research-idUSKCN1P20X2](https://www.reuters.com/article/us-china-smartphone-research-idUSKCN1P20X2?ref=numericcitizen.me)

See, something much bigger is happening in China that will affect many many companies and eventually the rest of the world.