Apple,Puri for Rent (2025) the first ever U.S. company to be valued at $1 trillion, is no longer worth $1 trillion.
News of Apple’s demotion — now once again slumming it as one of the companies worth onlyhundreds of billions of dollars — came as the result of a domino effect of negative press for the company. Already feeling market pressure after announcing a change to how the company was going to report quarterly sales, a new report delivering bad news related to the latest iPhone has extended those woes.
SEE ALSO: Seriously, would you wear these nose warmers?After a report in Nikkei Asian Review, a large financial publication out of Japan, claimed demand for the new iPhone XR was lower than expected, Apple’s suppliers in Asia have taken a hit in the stock market as well. The stock prices of Foxconn, Pegatron, Largan Precision, Flexium Interconnect, and AAC Technologies all declined in the wake of the news, which said Apple has supposedly halted additional production lines of its latest iPhone model.
In addition, Apple announced on Thursday in its quarterly earnings call that it would no longer reveal how many devices it sells each quarter. While Apple’s reasoning was that the “services” it sells to current Apple customers are a more accurate assessment of how the company’s doing, the lack of transparency surrounding units sold irked parts of the financial sector, and some saw it as an indication that sales were going to be flat or declining for the foreseeable future.
These stumbles over the past few days have taken a toll on the Cupertino-based tech giant. According to MarketWatch, Apple went through its worst two-day stretch on the stock market in nearly six years.
With the holiday season now upon us, Apple will surely have an opportunity to redeem itself and quell market concerns over how its new iPhones are selling. The company has just released a slew of new products — from new iPad Pros and a new MacBook Air to the new Apple Watch Series 4. On top of that, even though sales numbers are down, Apple revenue is up. That's partially due to the company raising prices on its products. So, while Apple may be down for the time being, there's a very good chance Apple will regain its trillion-dollar status.
Topics Apple iPhone
SpaceX's Starlink satellite launch in pictures
#TrumpWon trends in the morning after the debate — with plenty of laughter
True story of 'Tetris' explains why the world became hooked on a game
Bright blue burgers are here to fulfill your insatiable hunger for weird food
Today's Hurdle hints and answers for May 12, 2025
Turkish startup builds real
Trump scored the debate's most retweeted tweet with a 2012 climate theory
British Twitter explains what it means to be British with hilarious hashtag
A worthless juicer and a Gipper-branded server
Some Samsung Note7 replacements have new issues.
What cracked the Milky Way's giant cosmic bone? Scientists think they know.
#TrumpWon trends in the morning after the debate — with plenty of laughter
Chrome for Android update brings data saver for videos, smarter file downloads
Square brings its contactless reader to Oz, but don't call it a 'disruptor'
NYT mini crossword answers for May 9, 2025
Apple was never going to 'win' its WWDC keynote
Colossal wasps' nest found in attic is the stuff of nightmares
#TrumpWon trends in the morning after the debate — with plenty of laughter
Big-League Bluster
Federal regulators sue Palantir over alleged hiring discrimination against Asians
Millie Bobby Brown wants people to know that hair does not equal beautyZoom will pay $85 million to settle 'Zoombombing' lawsuitWhy women in tech are so angry all the timeWatch Will Ferrell crash an onDan the Ref has the best seat in the house at Puppy Bowl XIVKim Kardashian and Kanye West welcome a baby girlApple's new feature scans for child abuse imagesWhy won't the #BackwardsBooks trend die?Zoom will pay $85 million to settle 'Zoombombing' lawsuitYelp reviewers are spamming Trump hotels with "shithole" reviewsJane Fonda makes jokes about Megyn Kelly in reply to facelift commentTelegram expands video calls to 1,000, still won't touch revenge pornTikTok beauty filters can be super realistic—unless you're a person of colorApple's watchOS 7.6.1 update includes a crucial security fixThis app tells you which museum art you look like and it's way too realWhy women in tech are so angry all the timeHBO Max's Woodstock '99 doc traces back the roots of white, male rageApple's watchOS 7.6.1 update includes a crucial security fixChelsea Manning confirmed it: She's running for Senate in 2018Jane Fonda makes jokes about Megyn Kelly in reply to facelift comment Outlander episode 11 deleted scene gives Claire and Jamie a romantic moment Prince George wants only this single gift for Christmas 12 movies to watch if you're newly single this holiday season Google Translate might have a gender problem Super confident GM says its driverless cars will hit city streets by 2019 Tesla has switched on its colossal Australian battery Should you watch 'The Room' before seeing 'The Disaster Artist'? Game of Thrones' final season is going to be epic, but Drogo isn't back 20 practical gifts that people will actually use Scheduling glitch gives all American Airline pilots holiday break Does the Avengers: Infinity War trailer show the end of the Asgardians? 2018 will be the year cinema starts responding to the Trump election Netflix renews 'Stranger Things' for Season 3 What the new Snapchat update gets right about social media Feds want to take Martin Shkreli's $2 million Wu Instagram might be testing new features for 'close friends' Trader Joe's Jingle Jangle 'has nothing to do' with 'Riverdale' drugs Beyoncé and Ed Sheeran's first duet is delightful and cheesy Bitcoin just lost $2,000 worth of its value in a couple hours These are Google's top Android apps of 2017
2.6005s , 8199.6796875 kb
Copyright © 2025 Powered by 【Puri for Rent (2025)】,Fresh Information Network