India  
NewsR.in
> >

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.

You Might Like


Recent related videos from verified sources

Henry Cejudo ends interview with Matt Serra after fire alarm goes off in his room,TJ Dillashaw [Video]Henry Cejudo ends interview with Matt Serra after fire alarm goes off in his room,TJ Dillashaw 08:44

ESPN+ is new home of UFC To start your 7-day free trial, visit http://espn.zlbu.net/c/1347894/566982/9070 (We may earn commission on products or services purchased through our links) -Buy MMA..

Credit: MMA World - Published

TJ Dillashaw abruptly ends interview which pisses off Matt Serra,Colby Covington on Dana White,Cain [Video]TJ Dillashaw abruptly ends interview which pisses off Matt Serra,Colby Covington on Dana White,Cain 09:28

ESPN+ is new home of UFC To start your 7-day free trial, visit https://espn.zlbu.net/j1Ja0 -Buy MMA WORLD Merchandise https://teechip.com/stores/mmaworld3 -Support us on..

Credit: MMA World - Published

‘Real-Time TV Does Not Exist’: Dish, Videa, Google, Experian Discuss [Video]‘Real-Time TV Does Not Exist’: Dish, Videa, Google, Experian Discuss 25:15

SAN JUAN -- It was billed as the revolution for television ad sales - the emerging prospect of using internet-connected platforms and audience viewing data to plan, execute and measure TV ad campaigns..

Credit: BeetTV - Affiliate - Published

Playstation 4 Is Hitting 100 Million Unit Mark In Sales [Video]Playstation 4 Is Hitting 100 Million Unit Mark In Sales 01:08

Gaming is making more money than ever. Here's the story.

Credit: Celebrity Wire - Published

Apple's Top Manufacturer, Foxconn, Is Reportedly Cutting 50,000 Seasonal Jobs Earlier Than Usual Amid Slowing iPhone Demand [Video]Apple's Top Manufacturer, Foxconn, Is Reportedly Cutting 50,000 Seasonal Jobs Earlier Than Usual Amid Slowing iPhone Demand 00:51

Tens of thousands of seasonal workers in the iPhone supply chain are reportedly being let go ahead of schedule amidst Apple's production cuts due to a slowdown in sales. Since the start of the holiday..

Credit: Wochit Business - Published

Tim Cook On iPhone Sales: We Need To Talk About Facebook [Video]Tim Cook On iPhone Sales: We Need To Talk About Facebook 00:57

Just in case you weren’t already aware of this, Apple is super duper serious about privacy. In a new Time opinion piece, Tim Cook reiterated the company’s old talking points about how other..

Credit: Wochit - Published

Apple Reportedly Set To Reduce Hiring [Video]Apple Reportedly Set To Reduce Hiring 00:36

Apple will cut back on hiring for certain divisions as the company re-adjusts its plans in the face of slowing iPhone sales, according to a Bloomberg report on Wednesday. CEO Tim Cook told employees..

Credit: Wochit - Published

Apple CEO Tim Cook Responds To Woman Who Says Apple Watch Saved Her Husband's Life [Video]Apple CEO Tim Cook Responds To Woman Who Says Apple Watch Saved Her Husband's Life 00:48

Apple CEO Tim Cook Responds To Woman Who Says Apple Watch Saved Her Husband's Life

Credit: Wochit News - Published


Tweets about this


Other recent news in Business

Sensex down 130 points MINUTES after opening in greenCHINA STATE PLANNER WARNS ECONOMIC PRESSURE WILL HIT JOB MARKET
U.S. to formally seek extradition of Huawei executive Meng Wanzhou - GLOBE AND MAILRUSSIA, Ukraine to hold further gas talks in May
•More original news reports from newsR
Environmentally friendly: newsR is hosted on servers powered solely by renewable energy
© 2019 newsR / One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  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