Monday, 17 June, 2019

Apple has reportedly reduced new iPhone production - again

Apple iPhone XS Apple cuts 1Q production for new iPhones by 10 pct.: Report
Russell Knight | 11 January, 2019, 15:44

According to them, it was prior to the release of an open letter in which Tim Cook downgraded his company's revenue- and margin-related guidance for the same year's fiscal first quarter.

But Apple seems to think that it will continue to see lower demand for its products, if today's report is to be believed. Hot on the heals on this comes the news that Apple is cutting production of new iPhones for the current quarter by a significant amount.

In late December, Apple requested that its suppliers manufacture fewer-than-planned units of iPhone XS, iPhone XS Max and iPhone XR after which the tech company cut its quarterly sales forecast during the week ended on January 6th, thus, signaling slowing demand for its devices in the largest smart phone market globally - China.

It seems likely that Apple has known about this for some time already. At the time, analyst Holger Mueller of Constellation Research Inc. told SiliconANGLE that decision to stop reporting iPhone sales would allow Apple to "hide potential issues" regarding its business.

Reuters reported last month that Apple will begin assembling its top-end iPhones in India this year through the local unit of Foxconn, citing a person familiar with the matter. Finally, BMO Capital Markets upgraded shares of Apple to a "market perform" rating and set a $199.00 price objective on the stock in a research note on Thursday, September 13th.

GM rejects Unifor proposals to keep Oshawa assembly plant open past 2019
The company responded the suggestions were too expensive and would further deteriorate GM's competitive position . Dias previously promised "one hell of a fight" to prevent the Oshawa plant's closure.

United States bus driver rescues child found wandering barefoot
By the time firefighters and police officers arrived, the girl, who was less than a year old. had fallen asleep in Ivic's arms. Ivic pulled her bus over, crossed the busy street, picked the infant up, and called for help.

West Ham tell Arnautovic to honour contract
The Hammers have had a long-term problem with their search for a striker and the latest target may be the man to put an end to it. Arnautovic has been a key performer under Manuel Pellegrini this season, scoring seven times in 15 Premier League appearances.

Market research firm Canalys estimates shipments fell 12 percent in China past year and expects smartphone shipments in 2019 to dip another three percent, to below 400 million for the first time since 2014.

Mueller said today that Apple's current problems are a good example of what happens when a company fails to get the combination of innovation, features and price right.

Looking ahead, it seems that Foxconn numbers may drop further, as another cut in iPhone production is expected. "In fact, categories outside of iPhone (Services, Mac, iPad, Wearables/Home/Accessories) combined to grow nearly 19 percent year-over-year", also stated Cook in his letter. Apple took a direct hit from the issue and even lost its number one spot to Microsoft who in turn lost it to Amazon.

"I call bologna on that", Cook said.

Recommended

❄️When high-impact winter storm will bring snow to Central Virginia ❄️When high-impact winter storm will bring snow to Central Virginia Winter storm warnings and winter weather advisories have been issued for IL and through Missouri. A winter storm watch is in effect for that part of the state.

Fiat Chrysler Will Pay $800 Million to Settle Emissions Cheating Claims Fiat Chrysler Will Pay $800 Million to Settle Emissions Cheating Claims The settlement is the second between the USA government and an automaker over allegations of cheating on diesel emissions. The settlement is not expected to outline any criminal charges, according to ABC News .

IMDb launches its own free, ad-supported streaming service, Freedive IMDb launches its own free, ad-supported streaming service, Freedive IMDb Freedive also includes a feature X-RAY , powered by IMDb search that brings information about the cast, music, crew, etc. Amazon-owned IMDb launched a new movie streaming platform today called Freedive , and it's basically Prime Video Lite.

Everton interested in £14m Batshuayi swoop Everton interested in £14m Batshuayi swoop Alemany further explained that talks are underway with another club to loan him in the second half of 2018-19 campaign. In some cases our patience has run out, ' he said.

Rajasthan: Baby’s body split into two, hospital staff booked Rajasthan: Baby’s body split into two, hospital staff booked Late on Thursday night, the department sent Dr Nikhil Sharma, in-charge of the Ramgarh PHC, to awaiting posting order. The police, acting on the woman's complaint, questioned the male nurse about the botched-up procedure.

After Hardik Pandya, Twitter Attacks Ranveer for ‘Sexist’ Remarks After Hardik Pandya, Twitter Attacks Ranveer for ‘Sexist’ Remarks With suspension pending inquiry, it remains to be seen now if Rahul and Hardik stay with the team or they are sent back home. The episode was aired this Sunday on Star World and was available on Star's OTT platform Hotstar .

Top Executive with Hacienda HealthCare Resigns Top Executive with Hacienda HealthCare Resigns In the wake of the reports, the Arizona Department of Health Services said new safety measures have been implemented. Orman added that the facility will be cooperating with police and investigators in every way possible.

Raptors’ Leonard drops to sixth place in National Basketball Association all-star voting Raptors’ Leonard drops to sixth place in National Basketball Association  all-star voting Ball and Kuzma, along with Brandon Ingram, were selected to the Rising Stars Game last season. Unlike last season, though, the actual selection of the teams will reportedly be televised .

Apple gives Cook a bonus Apple gives Cook a bonus In his letter to investors, Cook blamed much of the shortfall on China, where the company underestimated a decelerating economy. Apple executives have said in the past that the company's goal is to hit $US50 billion in services revenue by 2021.

Galaxy S10 will have the same battery as the Galaxy Note 9 Galaxy S10 will have the same battery as the Galaxy Note 9 A lack of new features and bland design choices made the two smartphone looked like minimal upgrades that deserved to be skipped. Are you waiting for the Galaxy S10 launch? Other devices and leaks have come to light from other manufacturers using this design.

Mourinho free to return to Real Mourinho free to return to Real Manchester United paid Jose Mourinho's £15 million (about R265.5 million) compensation package immediately after he was sacked. The Galacticos were beaten 2-0 by Real Sociedad on Sunday as they slipped 10 points behind leaders Barcelona .

AT&T defends misleading "5G" network icons on 4G phones AT&T defends misleading T-Mobile, for example, trolled AT&T with a video clip on Twitter that shows someone placing a "9G" sticker on their smartphone. Donovan said the 5G E icon will be used in 400 markets across the USA where AT&T has deployed advanced LTE technologies.

National Enquirer Publishes Alleged Texts Between Jeff Bezos and 'Mistress' National Enquirer Publishes Alleged Texts Between Jeff Bezos and 'Mistress' Sources told the New York Post that Bezos and Sanchez began hooking up in early 2018 after separating from their spouses. However, Bezos' wife, MacKenzie, knew the two were dating, the Post quotes an unnamed person close to Bezos as saying.

Ramsey poised to sign five-year, €40m Juventus deal Ramsey poised to sign five-year, €40m Juventus deal But BBC Sport say Ramsey has not decided where he will play yet even though Juventus is his "current preference". Emery added: "I respect his decision a lot".

Samsung Confirms Foldable Phone For First Half Of 2019 Samsung Confirms Foldable Phone For First Half Of 2019 The Geekbench visit also revealed that the Galaxy S10 Lite will come equipped with 6GB of RAM and will run Android 9 Pie. Samsung is yet to confirm the date, but the company will soon issue invites for the Galaxy S10 press conference.