Advertisement
United States  

“News neutrality by unbiased coverage”
One News Page
> >

Apple to Stop Revealing Sales of Its Units

One News Page Staff Monday, 5 November 2018 ()
Apple to Stop Revealing Sales of Its Unitsby 👩‍💻 Alice Monroe

Apple is a brand which continues to perform very well indeed on the stock exchange – and they have long since been hailed as major innovators in the smartphone and tablet game. Certainly, the iPhone and iPad ranges are pervasive – we all likely know more than a few people who own at least one of the devices – however, there has been split concern over just how innovative the brand has been in recent years. The firm’s latest phones, their XS and XR models, seem to have underwhelmed some tech experts, while ongoing concerns over the genuine power of the devices’ batteries continue to dog the range.

According to The Financial Times, Apple’s stock performance may no longer be as golden as it once was. It’s been confirmed that Apple will no longer be revealing sales figures with regard to its various products to either investors or analysts, which, according to the source, has also seen the brand’s stock slide by up to 7%. However, this latest news that the firm will no longer disclose sales figures for iPads, iPhones and Macs will not sit well with many insiders, who have used such figures previously to weigh up investment decisions.

Instead, it’s been stated that Apple will publicly report on overall revenues and sales costs for device categories on a quarterly basis. This will mean that shipping figures for those items shipped by Apple, rounded down to the nearest thousand, will no longer be disclosed. The news seems to have caused a stir in terms of how well the brand may be currently performing, according to some analysts and insiders – BTIG Research’s Walt Piecyk among them.

“It’s obviously going to create questions about whether Apple can ever return to the number of units it sold in 2015 – units haven’t been relevant for three years,” Piecyk advises. “The stock seems to have done well when they reported those numbers.” He may be right – as various sources suggest that iPhone sales have dropped more than ever before.

Apple Slides Below $200
Apple Slides Below $200

From now on, however, it may become harder for analysts to make such claims – as Apple clearly appears to have moved to ensure that a number of their figures stay shrouded in mystery. Will the XS and XR range prove everyone wrong? Or will it be a case of returning to the drawing board yet again for 2019’s releases?

0
shares
ShareTweetSavePostSend
 
Credit: Reuters Studio - Published < > Embed
News video: Apple warns on holiday sales, sending value below $1 trillion

▶ Apple warns on holiday sales, sending value below $1 trillion 01:33

Apple has warned that sales for the crucial holiday quarter would likely miss Wall Street expectations, which Chief Executive Tim Cook blamed on weakness in emerging markets and foreign exchange costs.

Recent related videos from verified sources

Apple Is Getting Crushed After Analysts Predict That iPhone Unit Sales Will Shrink Next Year [Video]Apple Is Getting Crushed After Analysts Predict That iPhone Unit Sales Will Shrink Next Year 00:40

Apple is down more than 4% on Monday after a slew of analyst reports suggested that iPhone unit sales could drop year-over-year as soon as the first quarter of 2019. These reports come shortly after..

Credit: Wochit - Published

The fight to make next is Khabib vs GSP at a catchweight 165lbs,Dana White on D,Lewis on DC [Video]The fight to make next is Khabib vs GSP at a catchweight 165lbs,Dana White on D,Lewis on DC 08:35

-Buy MMA WORLD Merchandise https://teechip.com/stores/mmaworld3 -Support us on Patreon! https://www.patreon.com/mmaworld -Follow us on..

Credit: MMA World - Published

The UFC Will absolutely be CRAZY to set up this matchup next,Ali on GOAT,Cormier on Lesnar [Video]The UFC Will absolutely be CRAZY to set up this matchup next,Ali on GOAT,Cormier on Lesnar 06:15

-Buy MMA WORLD Merchandise https://teechip.com/stores/mmaworld3 -Support us on Patreon! https://www.patreon.com/mmaworld -Follow us on..

Credit: MMA World - Published

Alibaba Posts Record Single Day Sales [Video]Alibaba Posts Record Single Day Sales 00:33

Alibaba made e-commerce history on Sunday. Business Insider reports Alibaba recorded $30.8 billion in sales over the last 24 hours as part of the company's massive Singles' Day celebration. The $30.8..

Credit: Wochit Business - Published

Apple Names The iPhone 5 'Vintage' [Video]Apple Names The iPhone 5 'Vintage' 00:34

Apple has added the iPhone 5 to its list of "vintage and obsolete products" in the US. The change signifies that Apple will no longer repair the hardware for the iPhone 5. The company describes..

Credit: Wochit - Published

Alibaba Singles' Day Smashes $25 Billion Sales Record [Video]Alibaba Singles' Day Smashes $25 Billion Sales Record 00:40

According to Reuters, Chinese e-commerce giant Alibaba, smashed the 2017 record for its Singles’ Day sales event on Sunday, surpassing $24.15 billion sales in under sixteen hours. Singles’ Day,..

Credit: Wochit - Published

Something new at Procter & Gamble: Sales growth [Video]Something new at Procter & Gamble: Sales growth 01:39

The Cincinnati-based maker of Tide detergent, Gillette razors and Pampers diapers posted 4 percent organic-sales growth in its first quarter which ended Sept. 30. Organic sales are a key metric for P&G..

Credit: WCPO Cincinnati - Published

Amazon Teams Up With Apple [Video]Amazon Teams Up With Apple 00:38

On Friday Amazon.com Inc said it would carry more Apple Inc products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost sales. The world’s..

Credit: Wochit News - Published


Recent related news from verified sources

Plug Power beats Wall Street's 3Q revenue target thanks to fuel cell sales

The hydrogen fuel cell maker Plug Power (NASDAQ:PLUG) zipped past Wall Street’s projections for its third-quarter revenue thanks to sales of its GenDrive fuel...
Proactive Investors - Business

Apple reportedly tells suppliers to hold off on additional iPhone XR production

Apple Inc (NASDAQ:AAPL) has reportedly told Taiwanese suppliers Foxconn and Pegatron to halt plans for additional production of the iPhone XR, which just reached...
Proactive Investors - BusinessAlso reported by •engadget

Myomo reports 3Q revenues up on stronger sales, but higher expenses dent performance

Myomo Inc (NYSEMKT:MYO) reported third quarter earnings per share which were in line with expectations while revenues were up by a quarter from its level last...
Proactive Investors - Business

SamKoo launching sales for second Kapiolani condo tower

SamKoo Hawaii plans to open the sales office next week for The Central Ala Moana, its second mostly affordable Honolulu condominium project, with Century 21...
bizjournals - Business

You Might Like


Tweets about this


Other recent news in Business

ALIBABA's Singles Day made e-commerce history — but the numbers also suggest China's economy is cooling down (BABA)Trump makes baseless claim that the STOCK MARKET is plunging because of the prospect of Democrats investigating him
JACK DORSEY says Twitter needs to fully understand the 'use cases' of an edit button and can’t just 'rush it out' (TWTR)VETERANS DAY 2018: All the places vets can get freebies and meal deals Sunday and Monday
•More original news reports from One News Page
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest