Bloomberg Technology
Why Apple Shares Are Falling After Earnings Report
Oct.29 — Apple Inc. reports iPhone sales that missed Wall Street estimates and a slump in revenue from China while giving no forecast for the key holiday quarter. Bloomberg Intelligence’s Anand Srinivasan has more on “Bloomberg Markets: What’d You Miss?”
ultradeadd
October 29, 2020 at 9:45 pm
Because people are waking up to how stupid it is to replace their year old phone
Karl
October 29, 2020 at 11:00 pm
@Joseph Gutierrez I agree it doesnt make sense at first, the more i think about it the more i begin to realize it makes perfect sense. A large percentage of apple iPhone users had iPhones in the past, so economically it would make no sense for apple to include a another charger in the box if most of their recurrent users already have some. Furthermore, they this allows apple to keep their prices relatively constant when compared to last year or the year before while still adding new hardware features such as five 5G. If they kept the charger youd be paying for something you already had twice. Its also lest wasteful on the environment. It allows apple to save on shipping costs because of the smaller box which are saving that will eventually be passed on to the consumer.
Longlivetony
October 29, 2020 at 11:11 pm
I think you’re right. I have no interest upgrading my iphone x. Maybe when they add 120hz and something more, but as of right now the upgrade isn’t worth it. The samsung galaxy fold 2 looks dope though.
Exauce Mayunga
October 29, 2020 at 11:34 pm
@Karl what about the headphones?
will Robinson
October 29, 2020 at 11:55 pm
@Karl I have 5 chargers
will Robinson
October 29, 2020 at 11:56 pm
@Joseph Gutierrez why not get charge paid so you can do 2 or more apple devices simultaneously
How Not To
October 29, 2020 at 9:47 pm
Yessss apple should get destroyed since they’re creating the worse e waste on earth with their non fixable crap
Muhammad Rameez
October 29, 2020 at 9:47 pm
How even there shares are going upward.
Dont be a retard or a bitch
October 29, 2020 at 9:53 pm
We can’t assassinate Sundar apparently. Why not make Israel the east bank? We can’t get them in NATO they are too radical.
Matthew Park
October 29, 2020 at 10:21 pm
Simple answer. The Election.
Karl
October 29, 2020 at 10:39 pm
Election yes, but even more so the lack of certainty surrounding stimulus talks.
Matthew Park
October 29, 2020 at 11:02 pm
@Karl true
I am Monika
October 29, 2020 at 11:08 pm
@Karl Also no Q1 ’21 guidance, why are people going to buy AAPL at 40% the price higher from ’19 Q4 when their earnings were down twice as much? Makes no sense..and don’t say inflation, we’re in deflation right now! Sell…
Ratedr 711
October 30, 2020 at 1:29 am
Every election years has shown growth mostly everytime so its not a argumenr
Robert Jackson
October 29, 2020 at 10:36 pm
0:11
nice-girls-chat.online
Gustavo Perez
October 29, 2020 at 10:40 pm
China us the weakness in the Apple business model. They have done a very good job (or been very lucky) managing this risk. If we get another stimulus I expect AAPL will do well.
One punch Meme 1
October 29, 2020 at 10:40 pm
This channel has a bunch of fake subs. I think when mainstream news channels make youtube channels they youtube packs it with subs. The view count is always super low in comparison to the sub count.
Nicki
October 29, 2020 at 11:14 pm
It sounds like a conspiracy theory to me. maybe you should get to the bottom of this..
One punch Meme 1
October 29, 2020 at 11:28 pm
@Nicki Right… Think about it for a moment. The CEO has been trying to turn YouTube into mainstream TV few some years. How else do you explain a channels like this, or even MSNBC wich has such a large sub count in a short time, with so little views. I’m subbed to a few smaller channels with a few thousand subbs that get more views than this.
male version of Karen
October 29, 2020 at 11:37 pm
@Nicki lol hes right though
You Tube
October 30, 2020 at 12:04 am
It’s because of an.al
Ken Yup
October 29, 2020 at 10:53 pm
it’s nothing to do with China or Apple competitors,their new Apple iPhone just started selling from October,the Chinese users just awaited for the new iPhone and didn’t buy their old models though,that’s why their iPhone sales numbers in China was ugly,just keep patient on their Q1 reporting plz,I just confident with their next quarter report
Hunter Spencer
October 29, 2020 at 11:02 pm
No one likes the “sell less for more” market strategy. I believe Apple will lose significant market share going forward.
Take note Samsung, Google and OnePlus.
Wigbert Lui
October 29, 2020 at 11:41 pm
Apple should have lost to Huawei in terms of natural competition if not US government step in. You look at the product itself, iPhone 12 battery life is just crap, heat up like a warm egg after 30mins gaming, charging speed slow like a 🐢, 3 basic requirements of a decent phone are all failed but then apple charged the same price. And for god sake, if you want carbon neutral, use usb type c not lightning, try to use environmental excuse for better profit, sorry, it won’t work.
Jj W
October 30, 2020 at 12:35 am
iPhones have been in the decline for years versus the competition. Other phones are better, cheaper, more technologically advanced and feature rich. iPhones are simply too highly priced for their technology and emerging economies who have to be selective due to limited funds will pick other phones. Apple recently has taken up technology from other smartphone makers much later. Their services and iPads are what’s driving them now and their 30% cut from the App Store.