Re:Letter from Tim Cook to Apple Investors
by hn_throwaway_99 on Wednesday January 02, 2019 @05:22PM
(#18810889)
Also from the letter:
In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad.
Re:Letter from Tim Cook to Apple Investors
by esmi on Wednesday January 02, 2019 @06:03PM
(#18811208)
I don’t think iPhones are the problem as it’s not just Apple that’s having sales issues in China. You can find articles like the one below for many tech luxury brands.
https://www.google.com/amp/s/observer.com/2018/12/tesla-chin...
And even non-tech luxury brands
https://www.google.com/amp/s/www.wsj.com/amp/articles/luxury...
Re:Letter from Tim Cook to Apple Investors
by braythwayt on Wednesday January 02, 2019 @04:58PM
(#18810661)
What you said matches what I said. It isn't just China, but the vast majority of it is China.
Re:Letter from Tim Cook to Apple Investors
by seanmcdirmid on Wednesday January 02, 2019 @05:02PM
(#18810707)
“And other emerging markets.”
They don’t break it down.
Re:Letter from Tim Cook to Apple Investors
by noitsnot on Wednesday January 02, 2019 @08:11PM
(#18811979)
India was supposed to be huge but they lost sales there, also.
Re:Letter from Tim Cook to Apple Investors
by seanmcdirmid on Wednesday January 02, 2019 @10:02PM
(#18812481)
They still don’t have stores in India right?
Sounds to me that it isn't just China. The new phones are even more expensive then the previous ones. It's kind of hard to imagine that those high prices have no impact on sales and I would have at least expected there to be a mention about pricing in the letter.