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Yes, he literally did. Right here: > - Some people decide that they'll stick with their phone a bit longer than they otherwise would have, reducing iPhone sale
by mike10010100 8y ago
Yes, he literally did. Right here:
> - Some people decide that they'll stick with their phone a bit longer than they otherwise would have, reducing iPhone sales.
> - Apple misses their earnings target, likely costing them more in value than it would have cost them to address the root issue in the first place.
There's an implicit "because of this" between the two bullet points.
Again, it's painting a problem that is 5% of the issue as if it's 100%.
China was the vast majority of this decline, as the earnings reports show.
I have no earthly idea why people are ignoring this fact so badly.
- tomnipotent 8y ago> There's an implicit "because of this" between the two bullet points. Not about this being the most significant factor. You've decided to infer that from the list - most of us didn't because he _explicitly_ says so in his last sentence. They also had influence over this particular issue, unlike the macroeconomics of China.
- mike10010100 8y ago> Not about this being the most significant factor. It absolutely is suggested, if not implicitly then by omission. > They also had influence over this particular issue, unlike the macroeconomics of China. Right, but the more it's discussed, the more it feels like people don't want to talk about the slowing economy in China.