Oh the Noes! 4 billion dollars gone! Except there was 84 billion in total. Want to face a group in time? Not until Apple fixes a built in snoop. Sales might go up if iPhones are cheaper? Crazy talk. Facebook and Google in a surprise move violate privacy agreements with Apple over iOS apps.
Apple 1st quarter 2019 results
Apple today announced financial results for its fiscal 2019 first quarter ended December 29, 2018. The Company posted quarterly revenue of $84.3 billion, a decline of 5 percent from the year-ago quarter, and quarterly earnings per diluted share of $4.18, up 7.5 percent. International sales accounted for 62 percent of the quarter’s revenue. Revenue from iPhone declined 15 percent from the prior year, while total revenue from all other products and services grew 19 percent. Services revenue reached an all-time high of $10.9 billion, up 19 percent over the prior year. Revenue from Mac and Wearables, Home and Accessories also reached all-time highs, growing 9 percent and 33 percent, respectively, and revenue from iPad grew 17 percent. Apple made nearly 20 billion in profit and gave back billions to investors.
Apple is providing the following guidance for its fiscal 2019 second quarter: revenue between $55 billion and $59 billion gross margin between 37 percent and 38 percent operating expenses between $8.5 billion and $8.6 billion other income/(expense) of $300 million tax rate of approximately 17 percent Tim Cook is disappointed and said so in a monotone voice wreaking sheer unemotional panic with analysts and investors. Even with iPhone sales down, this was Apple’s 2nd biggest quarter ever.
Group FaceTime flaw has Apple shutting it down! https://www.cultofmac.com/603324/appl…
A bug in Apple’s Group FaceTime that allows people to listen in to who they’re calling before the recipient answers the call. A bug report made by a teenager over a week ago was one of the first reports of it, but it took Apple 9 days to shut down Group FaceTime. Should Apple create socio-specific iPhones?
Apple’s sales troubles in China and India seem to be mostly related to price in countries where there isn’t a strong similar to the US or Europe middle class with the kind of disposable income to purchase a phone costing over $1000. this on top of a “Not from here” mentality similar to the kinds of problems early European and Asian manufacturers of goods had in the US. This is further made an issue but a singular mono-culture with little from the outside world to compare it to or where there is little diversity amongst the population. Apple does make some concessions in iOS to reflect the diverse group of people and cultures that wish to buy a smartphone or tablet, but the hardware itself at a price that can be difficult for many financially disadvantaged peoples to afford. How can Apple fight this? With cheaper, less capable devices? Or is across the board price cuts (digging into those all-important profit margins) a better way to go? Facebook and Google had snooping research apps in the App Store
“Facebook is facing the wrath of Apple today for misusing an enterprise certificate meant for internal use to get Facebook users to sideload a data harvesting “Facebook Research” app that violates App Store policies, and as it turns out, Google has been doing the exact same thing. “ Google did the same and have since apologized The app was called Screenwise Meter and has been pulled from the app store.
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