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> Look, the reason iPhone sales are slipping is because of China's recent poor economic performance. Apple said EXACTLY that in their last earnings guidance: S

> Look, the reason iPhone sales are slipping is because of China's recent poor economic performance. Apple said EXACTLY that in their last earnings guidance: Sure but that was one of the sections with reasons. They also said > While macroeconomic challenges in some markets were a key contributor to this trend, we believe there are other factors broadly impacting our iPhone performance, including consumers adapting to a world with fewer carrier subsidies, US dollar strength-related price increases, and some customers taking advantage of significantly reduced pricing for iPhone battery replacements. I don’t think we should ignore these either.

CoolGuySteve 8y ago
You've cherry-picked one sentence out of the whole document. And even that sentence mentions US dollar strength. Right before your quote they use the words VAST MAJORITY to describe China's impact. And it's not just one section, it's stated at the top of the release in the summary, along with supply constraints, as the reason for the revised estimate. My point is that almost every other comment here was confirmation bias about things hnews readers think are important. They're not important. They're worthy of a throwaway sentence in an earnings estimate at best. It's obnoxious.
- bootaccount 8y ago
  it's at the top of the release to distract the investors that don't spend the time to dig through all the details in the rest of the document.
- Damogran6 8y ago
  Meh, IMHO, I loved buying the top tier phone...and that top tier phone jumped from $900-ish to $1200-ish and I'm choosing to not make the jump. The changes are not compelling enough to make me feel like spending that kinda dough. Incorporating the carrier costs in the analysis, are you getting more than $5 in value a day? Because with an Xs max and a noncapped plan, that's what I'd be spending.
  - piva00 8y ago
    Being really honest: yes, I probably get more than $5 of value a day. That is less than I make in 10 minutes, I use my phone most of the time I'm off of my work desk, I use it to read my books, watch stuff online (even while home), to research basic subjects, etc. So even with that price I'd consider it more valuable than what I'm spending. With that said, of course I can have a very similar experience while using a cheaper phone so a better ROI but I think that phones are actually our most bang-for-the-buck gadget nowadays.
- JaimeThompson 8y ago
  Why is his cherry-picking an issue but your cherry-picking acceptable? Reducing complex issues to just a few lines typically doesn't work.
  - CoolGuySteve 8y ago
    Get out of here with your false equivalency. On one hand you have the explicitly stated reason why the document was released at all, and on the other you have a single sentence buried somewhere. Come on.
    - JaimeThompson 8y ago
      Put another way your spin is the correct one while others interpretation is wrong. Stop trying to make this a simple issue when it isn't.

CoolGuySteve 8y ago

You've cherry-picked one sentence out of the whole document. And even that sentence mentions US dollar strength. Right before your quote they use the words VAST MAJORITY to describe China's impact. And it's not just one section, it's stated at the top of the release in the summary, along with supply constraints, as the reason for the revised estimate. My point is that almost every other comment here was confirmation bias about things hnews readers think are important. They're not important. They're worthy of a throwaway sentence in an earnings estimate at best. It's obnoxious.

bootaccount 8y ago
it's at the top of the release to distract the investors that don't spend the time to dig through all the details in the rest of the document.
Damogran6 8y ago
Meh, IMHO, I loved buying the top tier phone...and that top tier phone jumped from $900-ish to $1200-ish and I'm choosing to not make the jump. The changes are not compelling enough to make me feel like spending that kinda dough. Incorporating the carrier costs in the analysis, are you getting more than $5 in value a day? Because with an Xs max and a noncapped plan, that's what I'd be spending.
- piva00 8y ago
  Being really honest: yes, I probably get more than $5 of value a day. That is less than I make in 10 minutes, I use my phone most of the time I'm off of my work desk, I use it to read my books, watch stuff online (even while home), to research basic subjects, etc. So even with that price I'd consider it more valuable than what I'm spending. With that said, of course I can have a very similar experience while using a cheaper phone so a better ROI but I think that phones are actually our most bang-for-the-buck gadget nowadays.
JaimeThompson 8y ago
Why is his cherry-picking an issue but your cherry-picking acceptable? Reducing complex issues to just a few lines typically doesn't work.
- CoolGuySteve 8y ago
  Get out of here with your false equivalency. On one hand you have the explicitly stated reason why the document was released at all, and on the other you have a single sentence buried somewhere. Come on.
  - JaimeThompson 8y ago
    Put another way your spin is the correct one while others interpretation is wrong. Stop trying to make this a simple issue when it isn't.