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Thread: How Many iPhones sold? Apple will no longer say...

  1. #1
    See, the Thing is... Cow Poke's Avatar
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    How Many iPhones sold? Apple will no longer say...

    Facing iPhone Troubles, Apple Tries to Change the Story

    When Steve Jobs took a swipe at Amazon.com Inc.’s Kindle in 2009, he pointed to the online retailer’s decision not to report unit sales of its reading device as evidence it wasn’t selling many.

    Nearly a decade later, Apple is following a similar path. The company said it would stop disclosing data on the number iPhones, iPads and Macs it sells, eliminating a performance metric it has provided since the 1980s.

    The change comes as growth in the number of iPhones sold slows, with customers increasingly holding on to smartphones longer. Apple has responded by promoting software and services across its devices and raising prices on new gadgets.

    Investors balked at the reporting change, and at revenue projections that fell short of Wall Street estimates. On Friday, the elimination of unit-sales data contributed to shares falling 6.6% as the company shed $71.19 billion in market value in a single day.

    Apple’s “privacy commitment now extends to iPhone unit disclosure,” Amit Daryanani of RBC Capital Markets wrote in a note to investors. In an interview, he said the change means many shareholders now believe Apple is hiding something. “It’s a monkey on their back,” he said.


    Not bragging about how may iPhones or devices you sell can only mean one thing.
    --- this space intentionally left blank ---

  2. #2
    What's that? lilpixieofterror's Avatar
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    That’s because the smartphone market has become saturated and Apple is trying to hide this from investors.
    "The man from the yacht thought he was the first to find England; I thought I was the first to find Europe. I did try to found a heresy of my own; and when I had put the last touches to it, I discovered that it was orthodoxy."
    GK Chesterton; Orthodoxy

  3. #3
    See, the Thing is... Cow Poke's Avatar
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    Quote Originally Posted by lilpixieofterror View Post
    That’s because the smartphone market has become saturated and Apple is trying to hide this from investors.
    Unfortunately, they just fired a flare gun yelling "hey, lookie here!"
    --- this space intentionally left blank ---

  4. #4
    What's that? lilpixieofterror's Avatar
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    Quote Originally Posted by Cow Poke View Post
    Unfortunately, they just fired a flare gun yelling "hey, lookie here!"
    Pretty much. A new iPhone XS is 1,149.99. It’s 50 a month for the privilege of owning the latest and greatest. Think I’ll stick with last years and more are doing the same.
    "The man from the yacht thought he was the first to find England; I thought I was the first to find Europe. I did try to found a heresy of my own; and when I had put the last touches to it, I discovered that it was orthodoxy."
    GK Chesterton; Orthodoxy

  5. #5
    Troll Magnet Sparko's Avatar
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    Yeah in a world where electronics gets cheaper, phones have gotten more expensive.

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