NO, Chinese smartphones are just more competitive with a lower price point.
Wrong.
https://asia.nikkei.com/Economy/Tra...r-CFO-arrest?ez_cid=CLIENT_ID(AMP_ECID_EZOIC)
NO, Chinese smartphones are just more competitive with a lower price point.
NO, Chinese smartphones are just more competitive with a lower price point.
Tim Cook stated there was no boycott on January 2. I believe he said that the day he cut guidance by 4 billion bucks. He said it was due to trade tensions, strong dollar (basically price) and not a boycott. I agree lets not handpick comments because Tim said exactly that. Is there a boycott now? I have no idea but the phone sales in China were dire well before any indication of a boycott according to Cook. If they have plummeted additionaly because of a subsequent boycott that's bad news.
Hopefully lower with a few tears streaming down Tim’s cheeks.I’m very interested to see how Apple prices their 2019 products after all of this.
If I was a Chinese consumer with the choices I have over there and still chose an Xr which costed a lot more and offered less, I would deserve to be “checked in” somewhere to see if the elevator reached the top floor because it clearly wouldn’t look that way. That would still apply even if I was a rich Chinese consumer with money to burn.Correct answer!
iPhone XR costs the same as Huawei Mate 20 Pro.
The Mate 20 Pro has:
- 6.4" OLED
- Face ID
- Under-display fingerprint sensor
- 3 rear cameras from Leica
- 4,200mAh battery
- 128GB of storage
- 40W fast charging
- Much better baseband/modem from HiSilicon
You'd have to be an Apple Store employee or a crazy Apple fan to buy an iPhone XR. In the past, the gap wasn't this wide in terms of features. But in 2019, you'd have to use a lot of cognitive dissonance to convince yourself to buy iPhone in China.
Same for Europe. Cook & co have made only incremental updates on Apple’s whole range of offering. When I see interviews on the news channels with him I can’t help to have a feeling that he’s total lost any connection with the real world. For the price of an ancient iPhone 8 you can buy almost two Samsung Galaxy S9 phones. But, but... I can hear fanboys saying that Apple is making the most profits. At the cost of what? Their whole offering is shameful priced and even the newly introduced iPhone XR uses 5 years old screen tech. A total embarrassment for a brand who thinks it’s premium.Correct answer!
iPhone XR costs the same as Huawei Mate 20 Pro.
The Mate 20 Pro has:
- 6.4" OLED
- Face ID
- Under-display fingerprint sensor
- 3 rear cameras from Leica
- 4,200mAh battery
- 128GB of storage
- 40W fast charging
- Much better baseband/modem from HiSilicon
You'd have to be an Apple Store employee or a crazy Apple fan to buy an iPhone XR. In the past, the gap wasn't this wide in terms of features. But in 2019, you'd have to use a lot of cognitive dissonance to convince yourself to buy iPhone in China.
Probably same products with same old tech and a meager $ 50 discount while Cook is blaming the economy or Brexit or bad currencyI’m very interested to see how Apple prices their 2019 products after all of this.
Wonderful insight! Thanks for sharing. You answered a question I had regarding Apple’s content services. This forum has never pondered the existence of those services when discussing China.
Have you visited an Apple store there? I’m curious if they sell Macs and MacBooks. I get the impression that they only sell phones, tablets, and the AppleTV.
Nope, the ones that grow double digits are the ones that deliver the same or better as Apple or Samsung for less money. Huawei, Oppo, OnePlus do and they’re seeing double digit growth in Europe as well.
If Apple can’t out innovate them, which has been proven they can’t, they should lower their prices accordingly. At the moment even the ancient iPhone 8 is more as twice as expensive as a Samsung Galaxy S9, Huawei Mate 20 Pro. Doesn’t take a genius to understand Apple is pricing itself out of the market. But as investors are more important than customers for Cook & Co, I’m curious what the plans are at Apple. Like an ostrich Tim Cook doesn’t want to face reality and still thinks he can sell years old tech at premium prices. Once all the lemmings have fallen from the cliff, he definitely has to find a whole new target group to milk.
Something in your famous pipeline mr Cook?
For the iPhone to stagnate somewhat might eventually convince apple to redirect more of their attention to other things
I wouldn’t be suprised if macrumor article would title the next uarter report: “tim cook refused to share report for 1st quarter.”
Why would they be surprised?The shareholders would surely be surprised.
Why would they be surprised?
And yet tim follows regulation?Because once you are traded at the stock market, certain rules, regulations and expectations are in place. A quarter report for example.
And yet tim follows regulation?
How about when he refused to tell how many units sold during last year quarter conference?Which regulations is he not following when it comes to the shareholders? Please list them and link to so we can all have a closer look.
How about when he refused to tell how many units sold during last year quarter conference?
How about you do your own finding?How about you link to a country where that is a requirement for a publicly traded company? Dislike somebody’s action is very different from breaking any law.
The slowdown of the smartphone market was expected to come for some time. Hardly a shock to anybody. Companies tend to provide the minimum amount of negative information if they are publicly traded. Units sold is not something that every tech company communicates. And if they do, they will do it when it makes them look good.
How about you do your own finding?
How about when he refused to tell how many units sold during last year quarter conference?