sacto joe

Sounds like a manufacturing defect, not a design flaw. I’ve certainly never seen this problem personally. I doubt Apple owes anything more than a replacement.

That’s not to say Apple shouldn’t investigate the issue, assuming it hasn’t already done so. And if they haven’t, then someone’s head needs to roll at Apple.

canukstorm said:

asdasd said:

canukstorm said:

asdasd said:

canukstorm said:

Doesn't say much.  It can simultaneously be the best-selling iPhone model and not sell according to management's expectation

However, it does contradict the analysts. 

Doesn't contradict anything.  Having the XR be the single best-selling iPhone model since it launched and having XR productions cuts due to not selling according to management's initial expectations can simultaneously be true.

The analysts don’t know management’s internal projections. Nor do you. 

Whether analysts or I know or not is irrelevant.  Saying that the XR is the single-best selling iPhone model every day since launch by itself doesn't indicate how well it's selling.  It's a PR defensive move

Actually, your saying it’s irrelevant is irrelevant, since it’s a single person’s opinion. And saying it’s selling better than the two top end iPhones is more than indicative, it’s a statement of fact.

Unless it’s an outright lie. Which, come to think of it, means you missed an opportunity to do even more Apple-bashing, because Apple will never be able to prove it’s the truth now that they’ve stopped publishing sales numbers.

Is it PR? Maybe. There certainly has been enough whining about Apple doing something, anything, to combat the FUD Factory that’s responsible for this stupid selloff. But as PR goes, it’s pretty lightweight.

Me, I’m fine with dumb old Mr. Market dramatically dropping the price Apple has to pay for it’s buybacks. The less shares, the higher my percentage ownership of Apple.

I’m laughing all the way to the bank. Thanks for all the fish, Apple shorts!

macxpress said:

This must mean that the XS and XS Max aren't selling....

You forgot the /s (slash s)....

SpamSandwich said:

Getting close to the time I’ll be pulling the trigger on buying a bunch of AAPL. I have a feeling there’s more lows coming. Doubtful it’s going to $150, but remember it wasn’t that long ago it actually was that low. I think it’s not inconceivable it could hit $165. The stock is in full blown retreat right now.

Now that’s smart. Apple itself is backing up the moving van and filling it with this low priced AAPL. And just in time for Christmas! The impact of the present low-priced buybacks will be seen in future swelling Earnings Per Share and Revenue Per Share. Long term holders and those who are in a position to buy and wait out the present insanity will benefit from ths amazing stupidity.

canukstorm said:

"The robust global market for pre-owned iPhones through both formal and informal channels is not reflected in Apple’s quarterly unit sales. It is, however, reflected in the fast growth of Services revenue."

Agreed.  This is a great article that goes to into that.

https://www.aboveavalon.com/notes/2018/10/22/the-gray-markets-impact-on-iphone-pricing

See my comment above. And I agree that the Above Avalon article lays it out as well. So does the Asymco article I quoted.

Actually, I now think you may have been commenting on my post....