01-30-2019, 10:22 PM
https://www.bbc.co.uk/news/business-47047297
Apple boss Tim Cook has hinted it could lower iPhone prices in some places in an attempt to boost falling sales.
Revenue from the iPhone, responsible for most of the firm's profits, fell 15% in its latest financial quarter.
Overall the firm's revenue was down 5% from a year ago to about $84.3bn (£64.5bn).
The slowdown had been expected after the tech giant warned investors earlier this month that revenue would be about $84bn, lower than expected.
The firm had blamed the issues partly on an economic slowdown in China.
Not too surprising, TBH. Even without the slowdown in China, their phones were outside the price range of many who aren't Apple fanboys, and it's hard to justify spending that much on a device that may well be replaced in two years' time.
(Of course, even the lower price will be outside my price range, and since I got a new phone last October, I won't be looking for a new one any time soon anyway!)
Apple boss Tim Cook has hinted it could lower iPhone prices in some places in an attempt to boost falling sales.
Revenue from the iPhone, responsible for most of the firm's profits, fell 15% in its latest financial quarter.
Overall the firm's revenue was down 5% from a year ago to about $84.3bn (£64.5bn).
The slowdown had been expected after the tech giant warned investors earlier this month that revenue would be about $84bn, lower than expected.
The firm had blamed the issues partly on an economic slowdown in China.
Not too surprising, TBH. Even without the slowdown in China, their phones were outside the price range of many who aren't Apple fanboys, and it's hard to justify spending that much on a device that may well be replaced in two years' time.
(Of course, even the lower price will be outside my price range, and since I got a new phone last October, I won't be looking for a new one any time soon anyway!)
Board Information and Policies
Affiliation | Coffee Credits | Ranks and Awards | Name Changes
Account Deletion | BBCode Reference
Moonface (in 'Woman runs 49 red lights in ex's car')' Wrote: If only she had ran another 20 lights.
(Thanks to Nilla for the avatar, and Detective Osprey for the sig!)
My Items