iPhone sales continue to sharply decline, according to Apple's earnings statement for its second fiscal quarter, though its stock and services business are up today.Apple's all-important iPhone revenue was down another 17% for the quarter ending on March 30, amounting to $31.05 billion. A year ago we saw iPhone revenue at $37.56 billion.You can chalk up people's continued upgrade aversion to newer, more expensive iPhones. The iPhone XS Max is Apple's most expensive phone ever, the 'budget' iPhone XR is still quite pricey, and the iPhone XS didn't change very much from the iPhone X.New iPhone 11 rumors point to a triple-lens camera upgrade and the capability to wirelessly charge other devices (handy for the new AirPods 2019), but Apple's handset isn't expected to get a groundbreaking smartphone redesign, unlike its competition.How it's stemming iPhone bloodlettingApple noted that price drops in certain countries did help it see some recovery, so its declines were "significantly smaller … [Read more...] about Apple’s earnings call: iPhone price cuts and services help stem declining sales
Iphone price cut
We've been talking a lot lately about the iPhone 8, and how it could come with a hefty $1,000+ price tag. But people willing to pay the big bucks could be subsidizing an iPhone price cut for everyone else. Featured stories Cryptocurrency reality checks and the coming boom USB Type-C is the iPhone charging connector that Steve Jobs would have wanted I tried to write this article on an iPad Pro. It didn’t go well Thousands of Mega logins dumped online, exposing user files See also: It turns out the iPad was just too expensive after all In a note to Above Avalon newsletter subscribers, analyst Neil Cybart pondered the following: "Call me crazy, but we still don't have enough evidence to completely rule out Apple cutting pricing for the new 4.7-inch and 5.5-inch LCD models by $100 next month. If a $999+ OLED iPhone ends up representing half of iPhone sales, iPhone ASP (average selling price) will still go up even if the new LCD models see a $100 price … [Read more...] about Is a massive iPhone price drop incoming?
Apple has slashed prices on its older iPhones to make way for the newly announced iPhone 6 and iPhone 6 Plus.The company announced on Tuesday that the iPhone 5S and iPhone 5C will live on for customers who don't want to get their hands on the new iPhone 6 and iPhone 6 Plus. The iPhone 5S will start at $99 with a two-year agreement. An 8GB version of the iPhone 5C will now be available for free with a two-year agreement. Prices and availability in the UK and Australia are yet to be announced, but we'll update this story as soon as we have them.Apple has made the same move in years past. Whenever the company unveils a new flagship handset, it cuts the price on its older models. The idea for Apple is to maximize the number of customers it can target at different price points and more effectively compete against the massive number of Android devices on store shelves. Tuesday's event, taking place at the Flint Performing Arts Center in Apple's hometown of Cupertino, Calif., is one of the … [Read more...] about Apple slashes older iPhone pricing, cuts iPhone 5S to $99
The erratic play of the New York Mets appears to have spurred at least one city resident and iPhone owner on a perplexing quest for justice. Dongmei Li, a resident of the borough of Queens, sued Apple earlier this week for "price discrimination" brought on by the $200 drop in the price of the iPhone announced earlier this month by Apple CEO Steve Jobs. Li names Apple, Jobs and AT&T as defendants in her suit, filed on Monday and spotted by AppleInsider. The claims in the case make about as much sense to me, a long-suffering Mets fan, as the continual game of bullpen roulette played by team manager Willie Randolph, who also plies his trade in Queens (for now). According to documents filed in the U.S. District Court for the Eastern District of New York, there are three central claims to Li's case. The first? "Apple's price reduction has hurt early purchasers' competition with Apple because they cannot sell it for as high a profit as they could have before the price cut." Li says she … [Read more...] about New York resident files quixotic suit over iPhone price cut
There's nothing like a price cut announcement to set us tech journalists off like pro-Tibet protesters chasing a flaming baton. Yesterday O2 quietly announced it's going to reduce the price of the 8GB iPhone by a whopping £100 until 1 June -- but before you could say the words, "that's not a bad deal," tech sites everywhere were posting that this is a sign of the 3G iPhone's imminent arrival. It's easy to see why we've all got so hot under the collar, though -- this price cut's end date perfectly coincides with the Apple Worldwide Developers Conference. The conference usually delivers some new Apple goodies and it's not insane to think one of them could be the 3G iPhone. But before we break open our piggy banks and start counting out all the pennies, let's look at what we already know. This morning we had a chat with the peeps at O2, who insisted the price cut is simply an exercise in selling more iPhones and not a way of clearing out stock before the 3G model turns up. The … [Read more...] about iPhone price cut: Pundits scream ‘3G iPhone!’