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MacSurfer's Archive: Wednesday, January 2, 2019
 

 

Apple/Macintosh
Apple Revenue Guidance Letter
  • "Letter from Tim Cook to Apple investors" ["We expect the number of shares used in computing diluted EPS to be approximately 4.77 billion. Based on these estimates, our revenue will be lower than our original guidance for the quarter, with other items remaining broadly in line with our guidance. [...] While it's disappointing to revise our guidance, our performance in many areas showed remarkable strength in spite of these challenges. Our installed base of active devices hit a new all-time high—growing by more than 100 million units in 12 months. There are more Apple devices being used than ever before, and it's a testament to the ongoing loyalty, satisfaction and engagement of our customers."]  Apple 3:41 PM
  • "Apple drops 7 percent after warning on Q1 results as iPhones and Apple Watch sales disappoint" ["'If you look at our results, our shortfall is over 100 percent from iPhone and it's primarily in greater China,' Cook told CNBC's Josh Lipton in an interview Wednesday. 'It's clear that the economy began to slow there in the second half and I believe the trade tensions between the United States and China put additional pressure on their economy.'"]  CNBC 4:07 PM
  • "Apple Revises Guidance, Sees Lower Revenue in First Quarter: CEO Tim Cook cites slowing sales in China in letter to investors" WSJ.com [Paid Membership Required] 4:05 PM
  • "Apple Cuts Revenue Guidance Because of Slow Sales in China" New York Times [Free/Paid Registration Required] 4:43 PM
  • "Apple cuts revenue outlook citing China slowdown, iPhone weakness" Financial Times [Paid Membership Required] 4:07 PM
  • "Apple cuts revenue forecast on weak China sales" Reuters 3:57 PM
  • "Apple lowers guidance on Q1 results" TechCrunch 3:59 PM
  • "Apple just made a surprising move — warning that its holiday quarter was a huge miss" Business Insider 3:59 PM
  • "Apple Blames Chinese Trade Tensions And iPhone Battery Replacements For Business Slowdown" BuzzFeed News 4:06 PM
  • "Adding to fears of economic slowdown, Apple warns sales will fall short and cites 'deterioration' in China" Washington Post [Free Registration Required] 4:42 PM
  • "Apple issues rare earnings warning, citing China woes" Axios 3:59 PM
  • "Apple Warns of Quarterly Revenue Shortfall" Thurrott 3:58 PM
  • "Apple shares stop trading ahead of bad financial news" Mashable 3:56 PM
Apple News
  • "Is Apple at Risk of Becoming the Next BlackBerry?" ["A massive shift in user preference toward flashier devices from Apple, as well as Google-powered Android phones, dealt BlackBerry a major blow. ... In short, BlackBerry thought that its loyal customer base would keep buying what it offered, so it didn't feel a pressing need to innovate. That proved to be its undoing, and in an ironic twist, Apple now seems to be going down the same path."]  The Motley Fool 7:57 AM
  • "Netflix Doesn't Pay Apple's iOS Tax Anymore: Back in August, Netflix kicked off an experiment in 33 countries which saw iOS users redirected to their mobile browser so as to bypass the App Store 30 percent tax. Now Netflix looks to have made the change globally." PC Magazine 7:26 AM
  • "Netflix is curbing a $256 million revenue stream for Apple by circumventing iTunes billing" Business Insider 8:22 AM
  • "Why Apple must make January great again: The AirPower brouhaha may be overblown, but shows what happens when idle hands are left to play"  Computerworld 7:33 AM
  • "Final trial briefs filed in FTC v. Qualcomm: harm to consumers is key to Qualcomm's defense" Foss Patents 7:29 PM