#aapl fud

Apple disputes Goldman Sachs’ analyst Rod Halls’ claim; says Apple TV+ will not have ‘material impact’

Apple, in a statement to CNBC, disputed the negative call by Goldman Sachs’ analyst Rod Hall who this morning claimed, erroneously, that the one-year free trial of the Apple TV+ service would have a “material negative impact” on earnings by showing lower hardware profit margins.

Michael Sheetz CNBC:

“We do not expect the introduction of Apple TV+, including the accounting treatment for the…

Jean-Louis Gassée: Apple must be a psychotoxic company

“Doomsayers and rumormongers surpassed themselves this past quarter as they noisily called Apple’s most innovative and most expensive iPhone X a dismal failure,” Jean-Louis Gassée writes for Monday Note. “On May 1st, actual numbers told a different story.”

“Apple must be a psychotoxiccompany, attracting and then unhinging the fragile minds of journalists, bloggers, and analysts,”…

Strategy Analytics: Apple’s iPhone X the world’s best-selling smartphone model in Q1 2018

According to the latest research from Strategy Analytics, global smartphone shipments reached 345 million units in Q1 2018.

Apple’s iPhone X was the world’s best-selling smartphone model, shipping an impressive 16 million units during the quarter.

Neil Mawston, Executive Director at Strategy Analytics, said in a statement, “Global total smartphone shipments reached 345.4 million units…

How did analysts and pundits got the iPhone X ‘panic’ story so very, very wrong?

“This year the scuttlebutt from industry sources was that the iPhone X was a flop, and that Apple’s status in the Chinese phone market was shaky,” Jason Snell writes for Tom’s Guide. “With the release of Apple’s quarterly results on Tuesday, though, Apple and the iPhone are still riding high.”

“Fears of the iPhone X having weak sales were stoked by reports that Apple had cut its orders…

Why was iPhone X so successful at $999 despite a slew of fake news?

“Reporting by Bloomberg, the Wall Street Journal and Japan’s Nikkeicreated and perpetuated an absurd fiction that Apple’s iPhone X was a ‘disappointing,’ ‘overpriced’ product with ‘weak’ sales, when it reality it remained Apple’s most popular iPhone every week this quarter across 14 percent growth in iPhone sales in a business where no other company ‘mostly’ sells their most expensive…

Apple earnings show growing immunity to smartphone malaise

“Apple Inc.’s results confirmed that, while the days of double-digit smartphone industry growth are over, Chief Executive Officer Tim Cook has a plan to withstand the slowdown,” Mark Gurman reports for Bloomberg. “The shares gained after the company reported iPhone sales in line with analysts’ expectations, gave a bullish revenue forecast and highlighted a surging services business.”

“…

China now as big a market for Apple as Europe on strong growth and iPhone X success

“Recent analyst and market intelligence company reports on Apple’s performance in China have been pessimistic to say the least,” Ben Lovejoy reports for 9to5Mac. “The consistent narrative was that Apple was struggling to compete with local brands, and that its flagship iPhone X model was too expensive for Chinese consumers.”

“In fact, Q2 was a huge quarter for the company in Greater…

Uh, yeah, about those iPhone X ‘concerns’ from analysts: Never mind

“Call off the funeral arrangements: Turns out Apple is in fine health after all,” Caitlin McGarry reports for Tom’s Guide.

“After weeks of rumors that the iPhone X is a dismal failure bringing down the entire lineup, Apple is showing receipts to the contrary,” McGarry reports. “Apple CEO Tim Cook said the iPhone X continues to be the best-selling phone it makes, as the $999 device has…