DigiTimes peddles Apple fear uncertainty and doubt

Photo of Steven M. Peters
By Steven M. Peters Updated Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Sources say the funniest things.

 

From New iPhone sales momentum likely to slow down in late 2018, say sources, posted Wednesday by DigiTimes’ Monica Chen and Steve Shen: (emphases mine)

Demand for Apple’s iPhone XS series is likely to slow down later in 2018 after the initial fanfares for the new gadgets fade away, due largely to the high pricing set for the new devices, particularly for the iPhone XS Max, according to sources from Taiwan’s handset set supply chain.

One of the major indicators was that the first wave of the sales of the iPhone XS and XS Max was not as enthusiastic as that of the previous iPhone 6 generation, as consumers have apparently shunned away the iPhone XS Max for its extremely higher price and also the iPhone XS for a lack of specification upgrades, said the sources.

If the sales momentum for the iPhone XS and XS Max does slow down as expected or global sales of the two new devices are lower than expected, Apple may reduce significantly its orders to supply chain makers at the same way as it did for the iPhone 6s and iPhone 7, commented the sources

Additionally, it remains to be seen whether demand for the new Phones, particularly the iPhone XR which support dual-SIM, will jump up in China given the trade war between the US and China could continue escalating, the sources lamented.

My take: Reads like a single source hit job. For one thing, unnamed sources rarely lament in unison. Rookie stuff.

[apple-subscribe]

Photo of Steven M. Peters
About the Author Steven M. Peters →

Continue Reading

Top Gaining Stocks

KMX Vol: 7,330,419
GLW Vol: 22,800,969
INTC Vol: 233,719,006
SMCI Vol: 68,465,534
ENPH Vol: 13,978,376

Top Losing Stocks

ACN Vol: 41,744,333
EPAM Vol: 5,636,587
CTSH Vol: 61,311,400
CTRA Vol: 73,319,495
KR Vol: 26,704,230