“Apple Inc. analysts broadly shrugged off a report that the company was banned from selling some older models of its iPhones in China following a lawsuit, saying the issue was a headline risk — not a factor that fundamentally changes the company’s prospects in the country,” Ryan Vlastelica reports for Bloomberg. “Morgan Stanley (Katy Huberty): ‘This injunction initially appears limited in its scope,” as it only applies to phones with the iOS11 operating system.'”
“Wedbush (Daniel Ives): ‘While the headlines are concerning regarding this latest China court ruling we believe the models involved are related to 10%-15% of sales potentially impacted in the region related to older versions.,'” Vlastelica reports. “RBC Capital Markets (Amit Daryanani) notes that ‘the ruling is at a provincial court, so AAPL will likely move to the higher courts to get the injunction halted.'”
Read more in the full article here.
MacDailyNews Take: As we wrote earlier today: “Much ado about nothing.”
SEE ALSO:
Apple denies iPhone import ban in China – December 10, 2018
China ‘bans the import and sale’ of most iPhones, Qualcomm claims; Apple says iPhones still available – December 10, 2018
I don’t know why, this is a perfect storm for Apple. We already know Cook’s game plan: Jack up pricing again on already inflated hardware, fail to update Mac products, create exciting new watchbands at 1000% markup.
Do you not know — there are NUMEROUS companies out there who:
– Don’t jack up pricing over what YOU think it should be.
– Update their products frequently
– Create exciting new products that MATTER?
So why are you still here?
Nobody’s perfect.
Ishkabibble Von RandyJeeveSlobs, effing go away already, your buddies at Android Scumthority are waiting to teabag you again.