“When it comes to actual fake news, Apple is often the victim of phony stories about one thing or another. The reasons why are varied. So putting Apple in the headline, good or bad, is certain hit bait,” Gene Steinberg writes for The Tech Night Owl. “That means more ad clicks, and more money.”
“But I often wonder whether some of those faux stories aren’t fueled by Apple’s competitors. Certainly they have motives, because Apple earns the lion’s share of profits in the smartphone business,” Steinberg writes. “Apple pretty much owns the smartwatch market with Apple Watch, and the iPad, with sales on the rise again, dominates tablets. You get the picture.”
“As is often the case with Apple, the facts kept getting in the way. For the most part, Face ID turned out to be as reliable or more reliable than Touch ID,” Steinberg writes. “In short order, Apple began to match supplies with demand, and the situation improved really fast. So if you had to get an iPhone X immediately or with a short delay, it became more and more possible. Why? Well, instead of assuming that Apple was simply competent in managing the supply chain, it was all about a presumed lack of demand. Soon it was rumored that Apple cut parts orders big time for this quarter, thus indicating that sales were far lower than expected. In the days ahead of the release of Apple’s December quarter financials, the stock price began to drop. Apple allegedly placed a huge bet on the iPhone X, and it lost.”
“Again, the facts got in the way,” Steinberg writes. “Once it began to ship, the iPhone X became the number [one] smartphone on the planet.”
Read more in the full article here.
MacDailyNews Take: iPhone X makes every other iPhone seem ordinary. The jump from our once-flagship iPhone 7 Plus units to iPhone X last November was the biggest leap forward ever.
And, yes, the Apple FUD never stops from competitors, stock manipulators, haters, hit-whores, etc.
In what has become the Nikkei’s annual shocker: Apple is decreasing production in the quarter after Christmas. Cue the horror!
Everything in this Nikkei article is conjecture, estimates, and FUD.
This report (as with many of Nikkei‘s Apple-related reports) smacks of a plant designed to depress the price of AAPL. Plain and simple. And Nikkei seems to be the preferred place to do it.
Those who fail to learn from history are doomed to lose money in the stock market. History lesson below. — MacDailyNews, December 30, 2016
SEE ALSO:
Do iPhone X sales spell trouble for Apple? – January 30, 2018
Apple supplier says report of iPhone X production cuts was overstated – January 30, 2018
Another January, another misleading iPhone supply cuts story from Nikkei – January 29, 2018
Apple stock drops after Nikkei report of iPhone X production cut – January 29, 2018
Reports of Apple cutting iPhone X orders make no sense – January 2, 2018
Apple stock tumbles on one poorly-sourced report of low iPhone X demand – December 26, 2017
Apple and suppliers shares drop on report of weak iPhone X demand – December 26, 2017
Nikkei: Apple to decrease iPhone production 10% in first quarter of 2017 – December 30, 2016
Nikkei proclaims ‘iPhone 7’ Dead On Arrival; bemoans Apple’s ‘lack of innovation’ – May 12, 2016
Japan’s Nikkei, The Wall Street Journal blow it, get iPhone demand story all wrong – January 16, 2013
Did Apple reduce 4-inch Retina display orders due to improving yields? – January 15, 2013
Analysts: iPhone 5 demand ‘robust;’ ignore the non-news noise – January 15, 2013
Apple iPhone suppliers decline on report orders cut by 50% – January 15, 2013
Apple swoon erases $17 billion from stock market – January 14, 2013
Apple iPhone 5 production cut signaling a new product release? – January 14, 2013
Apple drops to 11-month low on old reports of component cuts – January 14, 2013
The strange math of Apple’s alleged massive iPhone 5 component cuts – January 14, 2013
UBS analysts: Apple iPhone component order reduction ‘old news’ – January 14, 2013
Apple pulls down U.S. futures – January 14, 2013
Apple shares drop below $500 after reported cuts in iPhone 5 parts orders – January 14, 2013