AppleExposed

clarker99 said:

avon b7 said:

You might want to save that fine crow for New Year.

iPhone was down nearly 10% YoY.

The blowout quarter is next up and might prove to be a turnaround moment but even then, it will be a hard slog through to the iPhone 12 (and 5G).

I'm guessing China has left a gaping hole in handset revenues.

https://twitter.com/neilcybart/status/1189653658708910098?s=21 

For those to lazy to click the link:

@neilcybart on twitter:

‘Apple CFO Luca Maestri on iPhone: 

Active installed base of iPhone grew to all-time highs in each geographical segment. 

A big hole in the "iPhone users are switching to Huawei in China" narrative.

tmay said:

StrangeDays said:

avon b7 said:

You might want to save that fine crow for New Year.

iPhone was down nearly 10% YoY.

The blowout quarter is next up and might prove to be a turnaround moment but even then, it will be a hard slog through to the iPhone 12 (and 5G).

I'm guessing China has left a gaping hole in handset revenues.

Squawk, squawk. Yes, we all know the days of infinite iphone growth have peaked, and it doesn’t matter. No one claimed iPhone would or even could grow forever. Even still, it’s been the most successful smartphone in history. YoY iPhone may be down, but other products are up, services are up. For years people said the insane revenue of iPhone was a liability, now there is diversity, and surprise! The Downer Choir is still trying to suggest things aren’t well at Apple. 

I'd surmise that Apple is generating more profit from wearables than Huawei is from all of its phone sales, but frankly, due to Huawei's low margins, that's a safe bet.