Apple boss Tim Cook has given signals that the price of their products could be dropped given the fact that the firm’s profits fell 15% in the financial reports.
Apple had put the blame slightly on the economic situation of China but Tim Cook said that they are struggling with the high prices. Another reason stated is the rise in the dollars’ value.
The executives are expecting more issues in the future as well.
But Apple are not alone in this battle as the entire smartphone shipments have dropped 5% in 2018.
The good news is that the company’s share values are getting higher with a 4% rise. Tim Cook is confident that Apple will continue to prosper despite these challenges ahead of them.
Managing editor of the Chicago Morning Star
Managing director of equity research at Wedbush Daniel Ives says that Tim Cook’s biggest mistake
The technology giants need to be wary as the US Justice Department has announced that
Apple will initiate Ventra support in Chicago along with two other cities. Apple has been
The thinking among Japan’s deeply conservative leadership is that it’s time to break out of
KYIV, Ukraine (AP) — Russian forces launched at least 60 missiles across Ukraine on Friday,
KYIV, Ukraine (AP) — A fire that broke out at an airport in Russia’s southern
BEIJING (AP) — More Chinese cities eased anti-virus restrictions and police patrolled their streets Thursday
KHERSON, Ukraine (AP) — Dr. Oleh Duda, a cancer surgeon at a hospital in Lviv,
CIANJUR, Indonesia — Indonesian authorities say the death toll from Monday’s earthquake on Java has
Russia launched a barrage of missile strikes at Ukrainian cities on Monday as it ramped