Apple investors express concern as iPhone sales stall

01 May, 2018, 04:56 | Author: Earnest Huff
  • Gmail's new super-clean interface is ready for duty

Investors now fear that iPhone X sales are falling, if not quite leaping, off a cliff.

Apple's iPhone X is the company's latest top-of-the-range smartphone, and features facial recognition, an OLED display, and a high price tag.

It is expected that Apple will show just 2 percent growth in smartphone sales compared to a year ago during the first quarter.

KGI's former analyst Ming-Chi Kuo said this new display technology - dubbed a Cover Glass Sensor or CGS - means cracking and shattering the phone screen is less likely, but he predicted it will not come out until Apple's 2019 phone releases. According to everything we've seen so far, iPhone X sales will turn out to be decidedly meh, and the real success story of the year is the iPhone 8 and iPhone 7.

Other products speculated by Kuo based on his supply chain sources include the 10.5-inch iPad Pro, Apple Watch Series 2 with GPS, Apple Pencil, 12-inch MacBook, MacBook Pro with Touch Bar, iPhone SE and much more. Then the demand for the iPhone X has decreased significantly.

Bruins, Lightning 'start over again' in series opener
Bruins defenseman Zdeno Chara spent much of this season defying Father Time, but really wore down as the first round progressed. Since Nash's arrival in Boston , he has sliced off a little bit of the complaint pie that's typically fed to Rask.

Some analysts blame the $999 iPhone X. Not even Apple can avoid the drop in sales before the announcement of a new lineup of devices given its predictable release cycle.

Oppenheimer analyst Andrew Uerkwitz cut his sales and earnings estimates for Apple for the next two years. Apple Music, iCloud, and the App Store have all been quietly increasing revenue, to the point that Wall Street is expecting $8.4 billion in services revenue, according to the Thomson Reuters consensus.

"This would imply Apple repurchases $210 billion in shares and pays $52 billion in dividends over the next three years", the bank said in a recent note to clients, adding that this would still leave about $30billion available for acquisitions.

The new, lower-cost iPhone will use an LCD display that's about half the cost of the OLED screen in the iPhone X. It's also likely to use an aluminium casing versus stainless steel. There are little details on this technology and the changes that Apple will make for its next devices but it sounds like the 3D Touch feature won't be around for long. "Apple-certified screen repairs are performed by trusted experts who use geniune Apple parts", the iOS 11.3.1 note continues.

Recommended:



Popular

Asylum seekers denied US entry for 2nd day
KAHN: Illegal immigration to the US through the Southern border plunged dramatically after President Trump's inauguration. Several immigrants told 10 News in Mexico they were scared, afraid what the process would entail and of being turned away.

Cahill's grit and character could benefit Chelsea
Morata has been benched in his last two games and he was also the first player substituted in the two matches before that as his form remains patchy.

SDSU tight end Goedert joins former rival Wentz with the Philadelphia Eagles
Sweat would've gone earlier in the draft if it weren't for medical concerns going back to a knee injury suffered in high school. This was after they drafted Pumphrey in the fourth round and signed LeGarrette Blount as a veteran free agent too.

Iniesta has been Barcelona's most important player, says club chief Bartomeu
Lionel Messi has been the driving force that made Barcelona into one of the best teams to ever play the game. Iniesta's emotional press conference was witnessed by a number of members of the Barca first team.

RPA will not nominate a candidate for Prime Minister
So far Russian Federation has sat on the sidelines and said the political crisis in Armenia is "a domestic affair". However, the second biggest party in parliament, the Prosperous Armenia Party (BHK), hinted it might support him.

Sleep Mode: Giving Parents More Control on Messenger Kids
With a simplified interface, the new feature enables parents to adjust the timings at any time. Go to the Facebook app and tap on to the Child's app from the profile section.

IPL 2018 Match 27 Chennai Super Kings vs Mumbai Indians
And that close defeat has been the theme for MI in the six games - come close, have a win within hand but lose out. Mumbai has won just one match in six matches, while Mahendra Singh Dhoni-led CSK has won five out of six matches.

SC stays Kathua trial till call on plea to shift case
Subsequently two prime accused in the case - Sanji Ram and Vishal Jangotra - approached the SC opposing the transfer of the trial. The BCI report said that the "demand for CBI inquiry by the public, civil society, JHCBA and KBA appears to be justified".

Apple 8K VR And AR Headset T288 Rumor Surfaces
The development of augmented reality is high on the list of priorities for Apple, as previously revealed by CEO Tim Cook . The headset will purportedly use an 8K display for each eye and will not be tethered to a computer or smartphone.

Cutting, Duminy in as Mumbai opt to field
At the Wankhede in Mumbai earlier this month, CSK had defeated the defending champions by one wicket , and with a ball to spare. Chennai on the top with 5 wins and MI on the bottom with just 1 win from 6 matches so far.