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Their revenue for those models were in line with expectations, so there was no reason for him to spend time on the issues that may be effecting that revenue.
by jmtulloss 8y ago
Their revenue for those models were in line with expectations, so there was no reason for him to spend time on the issues that may be effecting that revenue.
- pdimitar 8y agoThat's a bit like the chicken and the egg problem though: did they project the iPhone sales correctly because they were aware of the high price? And couldn't they have reduced it a bit and project bigger sales numbers?
- jmtulloss 8y agoI think the point they wanted to get across was that they're seeing compelling evidence that China's economy is slowing dramatically. They mentioned the other things to establish that the revenue miss was not a mistake in modeling other factors. It's evidence for the broader point.