HyperLoop555

Apple iPhone sales appear to have run into a brick wall -- but customers are paying more for the phones they buy. Apple may be grappling with a case of iPhone fatigue -- but it's still getting people to shell out more money for the phones they do buy.  The Cupertino, California, company on Thursday said it didn't sell as many iPhones as analysts expected, and it projected lackluster revenue results for the December quarter. Apple also said it would no longer detail unit sales of its major devices, a reversal from its strategy since first introducing the products. Apple shares dropped about 4 percent on the results and then declined further -- more than 7 percent -- during the company's earnings call after Apple said it would change its reporting structure. On Friday morning, shares were down 6.4 percent to around $207.90.  Apple on Thursday said it sold 46.9 million iPhones in the fiscal fourth quarter that ended Sept. 29, about flat with the 46.7 million sold la...

We now have confirmation that Huawei has surpassed Apple to become the world’s second-biggest maker of smartphones: Gartner has belated weighed almost a month after IDC did, noting the same milestone. As I first reported in  Apple Delivers a Blockbuster Quarter, But…  on August 1, Apple sold about 41 million iPhones in the quarter ending June 30, flat with the year before. But IDC, at the time, provided some bad news, noting that Apple had slipped from second place, by sales, in the smartphone market to China-based Huawei, a firm that basically doesn’t even sell handsets in the United States. But now that Gartner has weighed in too, we can take a closer look at the results. Using my normal averaging model, the smartphone industry shipped about 358 million handsets in the second quarter of 2018, roughly flat with the 357.4 million it sold in the same quarter a year ago. Samsung, as usual, emerged as the number one smartphone manufacturer with 72 million units sold...