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They knew about the backlash. They knew the numbers. It’s still more than fine.iPhone user base has increased 100M over last year. So it doesn’t matter much. People don’t need to upgrade every year.
The lengthening upgrade cycle is an issue but not one that can be solved for quickly. What I don’t get is on the one hand people complain about planned obsolescence but then on the other whine about Apple not being innovative enough because the new iPhone isn’t isn’t leaps and bounds better/different than the iPhone released just the year before. So planned obsolescence is bad yet Apple is bad if they don’t release an iPhone that makes people want to upgrade every year. Ridiculous. People don’t buy new cars or TVs or appliances every year. Why should they buy a new phone every year?
 
No company has a crystal ball of future sales more than a 3 month trend, so the public was informed about the
status of sales in that time frame. Ask those law firms exactly how much money the will earn in six months....
 
So investors can file class actions vs Apple but not vs Bitcoin? o_O
This is like trying to file a class action vs a casino because you didn't win any money.
 
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It’s just getting worse and worse for Apple, this might not be anything because it’s a class action, but there’s really nothing good I have seen about Apple for a while now...

I’ll be honest but few weeks ago I got a chance to play around with one of the android phones and was fascinated by many tasks it was performing as well as the awesome “hey google”.

I am really considering giving it a try for my next phone purchase.

What? Glad you are not in my Army....you know its going to rain someday....
 
Mummy, I bet my money on the stock exchange, and I did not make as much as I wanted to. They must have cheated me!

Seriously, you want to have a sure thing, go invest in a deposit account. Alternatively, you want to take a risk, you may make more money, but you may also lose money. And yet, there are all these "entitled" people out there who think that the world owes them something. Hopefully there is some sort of penalty clause that will see these guys slapped with some sort of major fine for wasting the court's time

I completely agree with you, but it's the human nature - people will not hesitate to get the $25 each that these lawyers will win for them either :)
 
This message brought to you by the Packard-Bell/Gateway school of business.
hello there Tim ;)
nothing personal just buisness :D
is not enough to rip off your customers
now you also wants to rip off your investors :)

Tim you are an extortionist
 
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Anyone with two brain cells could have predicted the lower profits! It really is first world rich people problems to sue over losing money on the stock gambling market.
 
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I keep reading this lie on here. It's 1.3 billion devices NOT users.

https://www.macrumors.com/2018/02/01/apple-now-has-1-3-billion-active-devices-worldwide/

But feel free to perpetuate this untruth...
Exactly.
I also wonder how those "active" devices are counted…
I have a drawer with a couple old iPhones in it. Every now and then I check on their batteries and wake them up from their sleep… Obviously they immediately call home to Apple. I am sure Apple count them as part of the 1.3 billion "active" devices.
 
New iPad Pro is $150 more expensive, new iPhones staring with iPhone X are $150 more expensive than plus model. Tim Crook cares about profit only.
He should care more then. Profit is exactly what failed this quarter (well not exactly profit, revenue but expenses are somewhat easier to predict) .
 
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So let's get this straight.... Apple's growth in China WAS good, and consequently they expected continued growth. Unfortunately due to various factors (Trump's trade war among others) the growth in the China market has been considerably less than expected in the last quarter..... in what way is that Apple's fault?!

Typical greedy American investors just resorting to legal challenges to try make even more money out of people.
 
Exactly.
I also wonder how those "active" devices are counted…
I have a drawer with a couple old iPhones in it. Every now and then I check on their batteries and wake them up from their sleep… Obviously they immediately call home to Apple. I am sure Apple count them as part of the 1.3 billion "active" devices.

Great to know you can afford to keep a few old iPhones in your drawer at home to check on periodically. Us mere mortals usually have to sell our old iPhones or trade them in to fund a new purchase.
 
Miss the days when apple was innovating and growing , now it’s beome so huge , you get lawsuits because of the greed . No wonder prices are going up and up .
 
I don't think Apple expected the backlash to be so large. It's like they've had their head in the sand regarding screen size, headphone jack, and pricing.

Not in the sand, in the fashion interviews, popularity with media, their own reality distortion field, politics, big shinny new campus, their own importance on the big screen with popular Hollywood types, etc. Once Cook took over and allowed the message to focus on senior management and not the product its not been good.
 
Great to know you can afford to keep a few old iPhones in your drawer at home to check on periodically. Us mere mortals usually have to sell our old iPhones or trade them in to fund a new purchase.
If you visit the App Store & download something.
 
A profit warning is to let the market know, as soon as is reasonable, that the company will not make as big a return as it was expecting when it made its forecasts. In the case of Apple, it does not mean that they are losing money. It does not necessarily mean that growth figures are not in the double digit percentages. It means that however good the growth was, it was not as good as they expected.

In the meantime, as you would be aware from the press, initially Apple were being assured by the authorities that their products would not be part of the trade war activity. But then they were. If you want to blame someone, blame China for manipulative trade practices. And then, it you are really unreasonable, blame the USA for taking China to task over China's unfair and manipulative trade behaviour.

Or, of course, if you are an "entitled" investor, who wants big returns but doesn't understand risk/reward, and thinks they can get away without losses, obviously everyone but you is at fault, and they all need to be sued.
Sorry? It was Trump that started any chat of tariffs, not China. Everything was going great, ironically right up until the Make America Great Again thing happened. China is the big dog in this fight that it never asked for.
 
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Great to know you can afford to keep a few old iPhones in your drawer at home to check on periodically. Us mere mortals usually have to sell our old iPhones or trade them in to fund a new purchase.
That's only because I tend to keep my iPhones for so long that by the time it comes for me to upgrade they really don't have much value as trade ins. ;)
 
So investors can file class actions vs Apple but not vs Bitcoin? o_O
This is like trying to file a class action vs a casino because you didn't win any money.

the problem with bitcoin is who you would sue (and lack of centralization, is both it's selling point, and limtation)

can't sue if there's no responsible party. in Apple's case, there's a regulated corporate body that has people and expectations. They can be sued (even if it's frivolous)
 
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