{"id":391811,"date":"2019-01-06T10:30:39","date_gmt":"2019-01-06T09:30:39","guid":{"rendered":"http:\/\/rinf.com\/alt-news\/newswire\/biting-into-apple-the-giants-revenues-fall\/"},"modified":"2019-01-06T10:30:39","modified_gmt":"2019-01-06T09:30:39","slug":"biting-into-apple-the-giants-revenues-fall","status":"publish","type":"post","link":"http:\/\/rinf.com\/alt-news\/newswire\/biting-into-apple-the-giants-revenues-fall\/","title":{"rendered":"Biting into Apple: The Giant\u2019s Revenues Fall"},"content":{"rendered":"<div>\n<p>The worm has gotten into Apple, and is feasting with some consistency.\u00a0 Revenue has fallen. Chief executive Tim Cook is cranky.\u00a0 The celebrated front of Apple\u2019s wealth \u2013 the iPhone with its range of glittering models \u2013 has not done as well as he would have hoped.\u00a0 Dreams of conquering Cathay (or, in modern terms, the Chinese market) have not quite materialised.<\/p>\n<p>In a <a href=\"https:\/\/www.apple.com\/newsroom\/2019\/01\/letter-from-tim-cook-to-apple-investors\/\">letter<\/a> to Apple\u2019s investors, Cook explained that \u201cour revenue will be lower than our original guidance for the quarter, with other items remaining broadly in line with our guidance.\u201d\u00a0 This somewhat optimistic assessment came with the heavily stressed caveat: \u201cWhile it will be a number of weeks before we complete and report our final results, we wanted to get some preliminary information to you now.\u00a0 Our final results may differ somewhat from these preliminary estimates.\u201d<\/p>\n<p>The reasons outlined were various, but Cook, in language designed to obfuscate with concealing woods for self-evident trees, suggested that the launches of various iPhone types would \u201caffect our year-to-year compares.\u201d That said, it \u201cplayed out broadly in line with our expectations.\u201d\u00a0 While Cook gives the impression of omniscience, he is far from convincing.\u00a0 Why go for the \u201cunprecedented number of new products to ramp\u201d, resulting in \u201csupply constraints\u201d which led to limiting \u201cour sales of certain products during Q1 [the first quarter]\u201d?\u00a0 Such is the nature of the credo.<\/p>\n<p>Where matters were&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/dissidentvoice.org\/2019\/01\/biting-into-apple-the-giants-revenues-fall\/\">Read more<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The worm has gotten into Apple, and is feasting with some consistency.\u00a0 Revenue has fallen. Chief executive Tim Cook is cranky.\u00a0 The celebrated front of Apple\u2019s wealth \u2013 the iPhone with its range of glittering models \u2013 has not done as well as he would have hoped.\u00a0 Dreams of conquering Cathay (or, in modern terms, [&hellip;]<\/p>\n","protected":false},"author":2525,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[519],"tags":[],"class_list":{"0":"post-391811","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-newswire"},"_links":{"self":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/391811","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/users\/2525"}],"replies":[{"embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/comments?post=391811"}],"version-history":[{"count":0,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/posts\/391811\/revisions"}],"wp:attachment":[{"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/media?parent=391811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/categories?post=391811"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/rinf.com\/alt-news\/wp-json\/wp\/v2\/tags?post=391811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}