Skip to main content

Following report on sluggish demand, Apple VP says iPhone XR is its most popular model

In the wake of a report from the WSJ last week that detailed low demand for Apple’s latest iPhones was prompting the company to cur orders for the devices, particularly the iPhone XR, an Apple VP is detailing that the XR is the company’s best-selling model available right now.

The disclosure comes from Apple VP Greg Joswiak in an interview with CNET. It’s not a particularly juicy quote, only detailing that the device has “been our most popular iPhone each and every day since the day it became available.”

Joswiak didn’t specifically comment on the WSJ report. The assertion regarding iPhone XR sales relative to other iPhone models doesn’t really tell us a ton either without some solid numbers.

The fact that the $749 XR is the best selling of the iPhones available now isn’t wildly surprising. It was introduced as a crowd pleaser with a lower cost build that didn’t actually make many sacrifices in terms of compute power. The company’s iPhone XS retails for $999, they also are continuing to sell last-gen models at lower prices.

What’s interesting about this interview snippet is that this is just a slice of the detail we would generally get in a quarterly earnings report, but Apple recently decided that it’s not going to give that data moving forward and will instead just leave it at the revenues for its iPhone segment. In other words, this is about as good as it’s going to get moving forward in terms of insights about model breakdowns for device sales.

The company’s reasoning for not discussing unit sales moving forward pretty much boiled down to the fact that it wasn’t necessarily reflective of the company’s health, but the timing of this pertinent realization comes as analysts believe demand for the devices could start to slow.

The company’s stock price has taken about a 20 percent dive since it shared its most recent earnings.



from Apple – TechCrunch https://ift.tt/2r9A8FN

Comments

Popular posts from this blog

Thousands of cryptocurrency projects are already dead

Two sites that are actively cataloging failed crypto projects, Coinopsy and DeadCoins , have found that over a 1,000 projects have failed so far in 2018. The projects range from true abandonware to outright scams and include BRIG , a scam by two “brothers,” Jack and Jay Brig, and Titanium , a project that ended in an SEC investigation. Obviously any new set of institutions must create their own sets of rules and that is exactly what is happening in the blockchain world. But when faced with the potential for massive token fundraising, bigger problems arise. While everyone expects startups to fail, the sheer amount of cash flooding these projects is a big problem. When a startup has too much fuel too quickly the resulting conflagration ends up consuming both the company and the founders and there is little help for the investors. These conflagrations happen everywhere are a global phenomenon. Scam and dead ICOs raised $1 billion in 2017 with 297 questionable startups in the mix. The

Dance launches its e-bike subscription service in Berlin

German startup Dance is launching its subscription service in its hometown Berlin. For a flat monthly fee of €79 (around $93 at today’s exchange rate), users will get a custom-designed electric bike as well as access to an on-demand repair and maintenance service. Founded by the former founders of SoundCloud and Jimdo , the company managed to raise some significant funding before launching its service. BlueYard led the startup’s seed round while HV Capital (formerly known as HV Holtzbrinck Ventures) led Dance’s €15 million Series A round, which represented $17.7 million at the time. E-bike subscription service Dance closes $17.7M Series A, led by HV Holtzbrinck Ventures The reason why Dance needed so much capital is that the company has designed its own e-bike internally. Called the Dance One, it features an aluminum frame and weighs around 22kg (48.5lb). It has a single speed and it relies on its electric motor to help you go from 0 to 25kmph. And the best part is that you